Milestone for the Wise and the Wary

There was finally some good news finally for fishermen,  crabbers and shrimpers who have been idled in the Gulf during the past few years following the explosion on the BP oil rig and the ensuing spill of millions of gallons of crude. A settlement of almost $8 billion was awarded in the class action suit involving thousands of claimants for loss-of-work and medical claims.

Lump Sum of Cash for Annuity Payments

• Receive a lump sum of cash for your annuity payments.
• Annuity purchasers compete to purchase your annuity payment stream.
• Settlement Quotes will provide a free analysis of your future annuity payments.

Do you need cash for your annuity payments? If you answered, "Yes," then we are here to help you! SQ (Settlement Quotes) will get the industries top annuity buyers to compete for your business.  That means you get the best price!

Can I get cash for my Structured Settlement Payments?

• Settlement Quotes will provide a lump sum of cash
• Companies will compete to buy your payment stream.
• Receive 4 free lump sum quotes from top structured settlement buyers.

Yes you can! SSQ will provide you cash for your structured settlement payments. You will receive four offers and bids for a lump sum payment in exchange for your future structured settlement payments.

How to Sell a Structured Settlement

Whether you’ve been injured by another party, by a product or are the recipient of payments from a life insurance policy, chances are good that your money will come in the form of a structured settlement. In many ways, this is the ideal solution – it ensures that you have a reliable income for years to come, helps prevent you from inadvertently spending all of your settlement very quickly and also helps keep the paying company solvent. However, it’s not always ideal. Sometimes you need more money. If this is the case for you, you need to know how to sell a structured settlement.

Find a Company

The first step to sell a structured settlement is to find a company willing to buy it. You might be surprised, but there are lots of different companies out there more than willing to pay you a lump sum in exchange for your settlement. However, things get tricky here. You need to do more than choose the first company that makes you an offer. You need to make a wise decision.

Amount of Money

It’s important to realize that when you sell a structured settlement, you will not be receiving the entire amount due to you if you were to remain with the original payment agreement. Every company that buys settlements does so with some loss to you. However, for most people, this loss is tolerable in exchange for the ability to have a large lump sum of cash immediately. The trick is to find a company that offers the highest percentage of your original sum in a lump payment.

Reputation

You should never enter into an agreement with a company that you haven’t fully vetted. Not all companies that buy settlements are the same, and there are predatory companies out there (just as with any other industry). Therefore, you need to ensure that you take the appropriate amount of time to check into each company’s reputation and determine if they are reputable, honest and upfront.

Get Quotes in One Place

Going it alone when you sell a structured settlement is not the ideal course of action. You should work with a brokerage capable of supplying you with quotes from companies that buy settlements. This ensures that you have several different offers very quickly, and that you can compare your options to make an informed, reasoned decision regarding your financial future.

How to Find the Best Structured Settlement Companies

If you’re receiving structured settlement payments, then you have a reliable, stable source of income for the long term. This offers significant advantages over a lump sum payment. For instance, it prevents you from blowing through that amount very quickly, which is much more common than you might think. Just look at the number of lottery winners who go bankrupt. However, there are times when having all of your money is not only a good idea, but vital. When these situations occur, you need to know how to find the best structured settlement companies to help you sell your payments.

Amount of Time in Business

One of the first things you should look for when comparing your options to find the best structured settlement companies is the length of time they have been in business. While there’s technically nothing wrong with working with a new company, one that has an established history going back several years is a much more stable bet. Brand new companies have no history, no track record for verification and might disappear tomorrow.

A Reputation for Excellence

Another thing you’ll need to consider is the company’s reputation. Obviously, you want to work with a reputable company, but it can be tough to determine what that reputation is. While most companies will offer testimonials on their website from past customers, these are always suspect. One excellent way to find the best structured settlement companies is to ensure that any company you’re considering is registered with and rated by the Better Business Bureau. This not only ensures that the company is on the up and up, but that you have the means to conduct further research into their business practices, customer satisfaction history and more.

Ability to Get Quotes Fast

Finally, you’ll discover that when you find the best structure settlement companies, they will have one thing in common – the ability to get you quotes from buyers very quickly. This gives you the ability to start comparing offers right away. By comparing a significant number of offers from different buyers, you can easily get the best possible deal and ensure that you get as much of your money as possible from the sale.

Keep these tips in mind when comparing structured settlement companies and you’ll be able to enjoy all the money that is coming your way from the settlement.

How Do Structured Settlements Work?

Structured settlements are very common today. You’ll find them in the insurance world, in personal injury and product injury cases, and even with lottery winners. While lump sum payments are still made, structured settlements are the most common option, whether you’re speaking of legal settlements or a lottery payout. How do structured settlements work? What do you need to know about them?

What Is a Structured Settlement?

The first thing to do is understand exactly what a structured settlement is. They’re pretty simple. In essence, a structured settlement takes a specific amount of money awarded to you (through whatever means), and breaks it up into periodic payments. These payments are sent to you over a specified period of time, until the entire amount is paid out.

Benefits of Structured Settlements

When looking to understand how structured settlements work, it’s important to know the benefits offered here. While it’s true that you won’t have all of your money upfront, there are some advantages. For instance, it won’t be possible to spend the money frivolously – this happens more often than you might think. It ensures that you have money coming in that you can count on for some time to come. It also ensures that you don’t have to pay taxes on those installments (when structured correctly).

Cons of Structured Settlements

When looking at how structured settlements work, you’ll certainly find a few drawbacks to the situation. The single largest drawback is that you don’t have access to all of your money, nor can you change the payment situation once it has been set. Therefore, if your living situation changes or you encounter serious financial problems down the road, there’s very little benefit to your payment plan. In fact, it can be very frustrating to know that you have a considerable amount of money due you that could make a very real difference in your life but not be able to get at it.

The Answer

For anyone frustrated with how structured settlements work, there are ways around the situation. For instance, there are companies that will buy your payments for a lump sum. You won’t get 100% of the money coming to you, but you’ll receive it all at one time. Moreover, you can use that money for anything you might need, from paying off creditors to renovating your home. If you choose to sell structured settlement payments, make sure you carefully vet each buyer to find the best choice.