How To Find Good Structured Settlement Companies Who Can Buy An Annuity From You

Structured settlement companies can give you the chance to convert your annuity which pays you regular sums of money into a one-off lump sum payment. The reasons for wanting to do this are many and varied, but please make sure you have thought this through thoroughly before you act. The choice, once made, is irreversible, and the consequences of making the wrong choice could be severe. Be sure also that there are not other, safer options available before you make the final choice.

Many annuities are awarded by the courts at what is inevitably a time of great stress and uncertainty. If you have been injured as a result of an accident in the workplace, or because of medical malpractice, then you will have enough to deal with without the extra worry of selling your annuity. Whatever you do, don't allow the situation to panic you into making choices you may later regret. There is nothing wrong with finding a company to buy an annuity, but it must be done for the right reasons.

The courts who award long term payments do so in the belief that it is in the best interests of the recipient. In many cases, that is exactly what it is. However, there are cases where the recipient of an award is severely disadvantaged by this. The most obvious example of this is someone who can no longer work at their previous job, and who would like to use the money they have been awarded to start a new business. They may even have been trying to borrow money to finance the business before the accident occurred.

Another very strong reason for finding someone to buy an annuity is if you are looking to invest in real estate. Real estate has traditionally been the best investment over time, and it provides something which everyone needs anyway. There is a strong case for accessing the full amount of any sizable award straight away and investing in the property market. You could buy a property for yourself, and another one to rent out for ongoing income, or you could just let part of your main home. Even if you don't intend to let any of your property, it can be a useful fall back position should you suddenly need extra income.

Structured settlement companies can give you the lump sum you need, but it is important to do your research in advance and choose wisely. This is a highly regulated industry and horror stories are relatively rare, but it is still wise to get to know the company who will buy an annuity from you as well as you can. Get several opinions and always compare terms. Have a lawyer check out the contacts for hidden clauses. Weed out any who are not completely up front about all terms, and then choose from the best of the genuine structured settlement companies.






 

Annuities News:

 

Attorney settlement leads to Father Joe Villages donation - The San Diego Union-Tribune

The San Diego Union-Tribune

Attorney settlement leads to Father Joe Villages donation
The San Diego Union-Tribune
Father Joe's Villages President and CEO Deacon Jim Vargas said he was not aware of the charity benefiting from a lawsuit settlement in the past, but he was delighted it had happened. EURœI applaud him for coming up with the idea,EUR he said. EURœWhile he could .

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Companies accused of misleading consumers about settlements will pay restitution, attorney general's office says - Baltimore Sun

Baltimore Sun

Companies accused of misleading consumers about settlements will pay restitution, attorney general's office says
Baltimore Sun
A company accused of using misleading tactics to get consumers to take cash in exchange for settlements that would have given them regular payments over time will pay more than $450,000 in restitution as part of an agreement announced Monday by the .

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Torchmark (TMK) vs. Emergent Capital (OTCMKTS:EMGC) Head to Head Comparison - The Ledger Gazette

Torchmark (TMK) vs. Emergent Capital (OTCMKTS:EMGC) Head to Head Comparison
The Ledger Gazette
The Company, through its subsidiary companies, owns a portfolio of approximately 630 life insurance policies (life settlements). The Company purchases individual policies and portfolios of life insurance policies and manages those assets based on .

and more »
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Heritage Commerce (HTBK) Reaches $16.69 After 9.00% Up Move; Asta Funding (ASFI)'s Sentiment Is 0.83 - Key Gazette

Heritage Commerce (HTBK) Reaches $16.69 After 9.00% Up Move; Asta Funding (ASFI)'s Sentiment Is 0.83
Key Gazette
Asta Funding, Inc., together with its subsidiaries, engages in the consumer receivable business in the United States. The company has market cap of $48.35 million. The firm operates through four divisions: Consumer Receivables, Personal Injury Claims .

and more »
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Torchmark (TMK) & Emergent Capital (EMGC) Financial Review - StockNewsTimes

MoneyMakingArticles

Torchmark (TMK) & Emergent Capital (EMGC) Financial Review
StockNewsTimes
The Company, through its subsidiary companies, owns a portfolio of approximately 630 life insurance policies (life settlements). The Company purchases individual policies and portfolios of life insurance policies and manages those assets based on .
Financial Newsletter - Zacks Investment ResearchZacks Investment Research
Torchmark Corporation - TMK - Stock Price Today - ZacksZacks Investment Research
Torchmark Corp (TMK) Stocks Latest Headlines - Barchart.comBarchart.com

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This structured settlement ABS comes with unusual risk: mortality - Asset Securitization Report

Asset Securitization Report

This structured settlement ABS comes with unusual risk: mortality
Asset Securitization Report
DRB Capital, a structured settlements firm backed by the Blackstone Group, is tapping the securitization market for the first time, according to Morningstar Credit Ratings. The $59.9 million transaction has an unusual risk: the beneficiaries who sold .

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