Agreeing to a structured settlement may sound like a good idea as it can save an annuitant a considerable amount of money in legal fees and court costs. There is also the belief that the periodic payments that come with a structured settlement will be enough to meet any number of financial goals, unfortunately that’s often not the case.
For this reason many annuitants opt to sell structured settlements, foregoing those periodic payments and taking a lump sum instead. By doing this they can eliminate debt, buy a home, purchase a vehicle, invest in businesses or simply have cash to meet unexpected needs. Of course to do this they must choose the right company to sell those structured settlements.
As the only bank designed to serve the unique needs of structured settlement annuitants AnFed Bank is capable of delivering the most money for those settlements. While other companies that buy structured settlements are nothing more than brokers, trying to buy low and then sell those settlements to a financial institution for a profit AnFed Bank is a financial institution.
What AnFed Bank, a division of BofI Federal Bank, a federally chartered, publically traded and FDIC insured bank, does is eliminate the need for these other companies. AnFed Bank knows that your structured settlement payments are important and they are dedicated to providing a lump sum payment that reflects the real value of those payments.
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.