Structured Settlement Payments

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What to Do When You Need Cash Now

If you have a structured settlement, then you know how great it can be because you can expect a certain amount of money and can thus plan what to do with it. However, as with anything with life, many things can come unexpectedly – medical problems, new baby or perhaps a new home or car repair.

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What do you do when you need a lump sum? Well, you can try to get a loan or why not get cash for structured settlement? Many companies offer money for your settlement. Now these companies may have to get a percentage of your settlement or a flat fee as compensation, but you can get a lump sum of cash right away.

Structured Settlement: Can You Get Cash for It?

When you have a structured settlement, you can bank on the fact that you can get a regular stream of income from your settlement. You can do many things with the money – pay off your debts, go on vacation or buy what you want.

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However, there are many other good things you might want to do, like invest in some stocks and bonds, or maybe go back to school or pay for your house.

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For the last two options, you’ll have to have a large lump sum, as houses and education is not cheap. You might have to get cash for your structured settlement.

How Does Selling a Structured Settlement Work?

If you have a Structured Settlement payment from a lawsuit or insurance company, you probably have thought about getting a lump sum for it. Many companies these days are offering lump sums in exchange for settlements, but how does it work?

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Well, when you sell your structured settlement, you are basically selling off the rights to receive a monthly or annual payment to another company who will then give you a lump sum of money.

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Of course, nothing’s for free so the company may charge you a flat fee or a percentage for giving you a lump sum for your annuity.For more information : Cash for structured settlement