The idea of receiving periodic payments as part of a structured settlement
agreement may sound like an ideal arrangement that not only eliminates potential costs associated with court costs and legal fees but also provides a form of supplemental income. On the surface this may be true but what many structured settlement annuitants find is that these periodic payments usually aren’t enough to make a significant impact on their financial situation.
There is a good chance that if you have agreed to a structured settlement then you have likely incurred some expenses along the way or perhaps even placed yourself in considerable debt due to the issue related to the settlement. Periodic payments awarded through a structured settlement, more often than not, aren’t enough to immediately wipe out that debt or put an annuitant in a position to benefit from the agreement.
For this reason many annuitants opt to sell structured settlements and take a lump sum, giving them an opportunity to extinguish that debt or even reach financial goals that wouldn’t be possible with periodic payments. The decision to sell structured settlements can be wise but like everything else it requires some investigation. There are a number of companies that buy structured settlements but the one that stands above them all is AnFed Bank.
AnFed Bank, the only bank specifically designed to serve the unique needs of structured settlement annuitants and lottery winners, distinguishes itself from these other companies because they offer the most generous lump sum for structured settlements. Unlike many of the other companies who act as brokers, offering a lower price for the structured settlements so that they can sell them to a financial institution for a larger profit, AnFed Bank is the financial institution. This eliminates the middleman and ensures the annuitant receives what their structured settlement payments are really worth.
If you have a structured settlement and you are looking to sell all or part of your future payments request a free consultation with AnFed Bank and find out how you can get what your payments are really worth.