Common Structured Settlement Questions Answered by Anfed Bank
Atlanta 10/15/2012 11:20 AM GMT (TransWorldNews)
Individuals who receive structured settlements can actually sell future payments to a financial institution. Structured settlements are payments given to personal injury claimants over a given period of time, rather than one lump sum. Some claimants even receive structured settlements over the course of their entire lifetime. If such an individual is in need of immediate funds to pay off debt, finance a house/car, invest in business ventures, pay for education or provide for unexpected needs, he/she has the ability to sell structured settlements.
Claimants do not even need to sell their entire structured settlement. The person can choose to sell as much of it as they need financing for. That’s right, it’s not necessary to sell the entire structured settlement. Personal injury claimants can choose to simply sell as much of their structured settlement as they need. This is especially useful for people who have a limited, not a lifetime, structured settlement-- as they can leave funds for a later date.
The value of future payments depends on the insurance company that issued the annuity policy, the size of each payment, and the time frame in which the payments are scheduled to be received. Structured settlement financial experts are waiting by the phones at 1 (855) Anfed 4U to help determine the value of your settlement, and will even provide a free consultation on credit analysis, emergency expenses and debt elimination.