There are a number of reasons why an individual would opt for a structured settlement agreement rather than pursue a trial, perhaps the most obvious reason are the costs associated with a trial. While structured settlement agreements can eliminate these costs the periodic payments that are a part of these settlements often fall short of an annuitant’s expectations.
The reality of periodic payments is that more often than not they can’t make a significant financial impact on an annuitant’s life. For this reason many annuitants decide to sell their structured settlement payments and take a lump sum, giving them immediate access to more money.
When the decision to sell a structured settlement has been made an annuitant must find the right buyer, a buyer like AnFed Bank. As the only bank designed to serve the unique needs of structured settlement annuitants AnFed Bank not only understands how important an annuitant’s payments are to them but actually pays a lump sum that reflects their true value.
AnFed Bank’s approach is significantly different than other companies that offer to buy structured settlements in that these other companies are often acting as brokers, simply trying to buy those settlements at a low price and then sell them to a financial institution for a profit. Because AnFed Bank is a financial institution they eliminate the need for an annuitant to go through a broker, thus more money for their settlements.
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.