Disadvantages of Structured Settlements
June 9th, 2010 by Darryl Woodson. 1 Comment »
Structured settlements are often praised because the individual receiving them is guaranteed an amount of money for an extended period of time from top rated insurance companies. With a lump sum, an individual is more likely to spend the money at an accelerated pace spending the money sooner than they would if they were given a structured settlement. Structured settlements have many other advantages but there are some serious disadvantages of structured settlements as well.
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Tips on Selling Structured Settlement Payments
June 9th, 2010 by Darryl Woodson. 2 Comments »
It can be nice knowing that you have money coming each month from a structured settlement, but when you’re faced with large bills (medical or other), you need the money now, and not divided. One way to solve this problem is to sell your structured settlement. While you won’t get the entire amount that you’d get if you waited, sometimes the convenience of having money now is worth missing out on the extra money. Below are some tips for selling structured settlements that should help you as you begin the process of selling your own.
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