If you receiving periodic payments from a
structured settlement or annuity you may want to entertain
the possibility of selling your stream of future payments
for a lump sum cash pay out. Rather than receive smaller
payments, the lump sum settlement of your annuity will give
you cash that you may need to buy a home, take a vacation or
pay for a college education.
Many companies buy structured settlement payments or payment
annuities and convert them to a single pay out. This is
helpful if you need cash now from:
Periodic payment from investment
annuities
You have settled insurance claims and
receive monthly payments.
You receive other larger
periodic lump sum payments, such as lottery or
inheritance monies.
You are carrying mortgage notes or
trust deeds against a property.
You have sold a business by carrying
paper to facilitate the sale and want to receive a
lump sum payment.
A company that buys structured settlements will convert your
periodic payments into a lump sum amount. In turn, the
structured settlement company will now be the recipient of
the stream of the monthly payments which you formerly
received.
