Structured Settlement Annuity
Hundreds of thousands of people have a regular source of income provided by a structured settlement annuity. This unfortunate type of cash flow is created by an insurance company to try and financially offset the damages caused by their client to the annuitant. The structured settlement annuity that is created, however, is
typically setup in the best interests of the payee, and not the recipient.
While receiving small monthly or yearly checks will surely help out, they rarely are able to provide instant financial relief of major expenses or large nagging debt that are costing a fortune in interest charges or even driving people to the brink of bankruptcy.
Related Page: Structured Settlement. What is it?
Fortunately, structured settlement annuities can be “transferred” to financial firms specializing in such transactions for a large lump sum. This transaction results in the company you transfer your structured settlement annuity to as being the new owner, and for this they compensate the previous owner with cash now. For many people this can be very desirable, as they can catch up on bills or afford a big investment that will help provide a better standard of living today instead of waiting years from now.
Transferring payments on your annuity is a complicated process that requires the factoring company you choose to go to court. Choose your company wisely.
For more information, please call PPI Cash at
1-800-509-1649 and speak to a Transfer Professional
about your particular situation.
This call costs you nothing and places you under absolutely no obligation. Once you have the facts, it will be easy to make your final decision.
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