Pre-Structured Settlement Loans For Auto Accident Victims

If you were involved in an auto accident and injured you may be considering or be in the middle of a lawsuit; against the person, a company or insurance provider. These types of lawsuits can take many months if not years to complete. Unless the victim choose a settlement, which usually is much lower than what is deserved. Regardless if you ride the case till the end or accept a settlement you'll most likely be stuck with a structured settlement. A structured settlement is basically an alternative to a large one sum payment. A pre determined amount of money is awarded to the victim and to be paid out at specific amounts over so many months or every year. This can help protect the company or person making those payments from financial ruins. However, it can add a financial burden to the victim since they cannot access all of the money at once. Resulting in negative reports on your credit history; lose of house or auto and even bankruptcy. There are a few solutions the victim can opt for; one would be what's called a settlement loan or pre-settlement loan. This is where the victim would actually apply for a settlement loan with a settlement loan provider in the middle of the lawsuit. They can receive money ahead of the verdict and use the cash as needed. This can be much more useful than a traditional loan since if your case is lost you don't need to pay back the advance that was given. Another solution would be to sell your structured settlement. This is where a company or investor would buy out your payments for one large payment. You wouldn't receive the full amount of your structured settlement, you'll get around 75% to 80% at best. This is a good solution if you need money now to pay off bills. However, you can only sell your structured settlement after an agreement has been made in court. If you still have a pending lawsuit you'll have to opt for a settlement loan. So, if you're an auto accident victim and need cash now you just need to weight your options. You'll be able to do one of two things; if you're in the middle of a pending lawsuit you can apply for a pre-settlement loan. If you have a structured settlement you can opt to sell it to a 3rd party provider for a large one sum payment. Whatever you choose discuss your options with a financial advisor prior to accepting any agreements. Legal Settlement Loans is the premier settlement loan educational resource. We provide all the needed information to someone looking to get a settlement loan during their pending lawsuit. Visit us today to educate yourself further on settlement loans and how to find the proper settlement loan provider. Article Source: http://EzineArticles.com/?expert=Stephen_Sandecki

Pre-Structured Settlement Loans For Medical Malpractice

Medical Malpractice lawsuits are one of the most common lawsuit types in the United States of America. They also tend to be one of the longest lawsuits when it comes to trials. This is the main reason why most medical malpractice suits end up in a settlement agreement; which in turn results in a structured settlement. Many people don't realize they have an option in a medical malpractice suit to obtain funds. If you're currently in the middle of a pending medical malpractice lawsuit you can obtain a settlement loan instead of reaching an early settlement agreement; alternately if you've accepted a structured settlement plan you can receive a large sum payment. A settlement loan is an excellent choice if your medical malpractice lawsuit is still pending. It allows you to receive a cash advance based on the merit and probability of winning your current suit. It allows you not only to pay any pending medical bills, it allows you to let your case's trial go on till the end and not settlement for a lower amount that is rightfully due to you. In case you lose your lawsuit you don't have to worry. You are not required to pay back the settlement loan if the case is lost! This makes a settlement loan a priority over a traditional loan in this case. A structured settlement buyout is an excellent choice if you've settled your malpractice lawsuit or the trial has ended in a verdict of your choice. A structured settlement buyout is basically a company or investor giving you a large one sum payment in return for your structured settlement payments. This is usually around 60% to 70% of the actual structured settlement amount. This is a great choice for anyone who needs cash now to take care of financial issues or to perhaps buy a new home. Either way, a settlement loan or a structured settlement buyout is an excellent way for someone to get access to the financial funds they need for any given situation. They are better alternatives than traditional loans since you'll be stuck making monthly payments with interest on top of them. Consult with a financial advisor prior to accepting any agreements, whether it be a settlement loan or a structured settlement buyout. Legal Settlement Loans is the premier settlement loan educational resource. We provide all the needed information to someone looking to get a settlement loan during their pending lawsuit. Visit us today to educate yourself further on settlement loans and how to find the proper settlement loan provider. Article Source: http://EzineArticles.com/?expert=Stephen_Sandecki

Sell Structured Settlement

Structured settlements are nothing new; these agreements are a way that the person who is entitled to pay out a large sum of money can do so over a period of many years. By sending smaller payments to the beneficiary, the company or organization sending the money can financially stay afloat. In most cases, those receiving structured settlements do not mine all of the payments. There are exceptions though where people need a lump sum payment and they need it now. While many people assume that they are not able to do anything about changing their settlement, there is the option in most cases to sell structured settlement in order to receive a large lump sum. This can be extremely beneficial to the beneficiary depending on the financial strain they are in or the investments they want to make. The great thing about the ability to sell structured settlement is that the person, who would have been receiving smaller checks over the next twenty years, can take that money now and do with it as he or she pleases. Invest in a large amount of real estate, place it all into bonds, pay for college tuition for ten grandchildren, or buy yourself an island. It really does not matter what a person wants to do with their money and their reason behind wanting to sell structured settlement. It is their money and they are allowed to do with it what they please. Of course, just as with anything, where there are positive points to be made there are negative ones as well. One of the bad points to keep in mind is that if you are in a hurry due to an emergency, you may be pushing it on time. In general, from beginning to end, to sell structured settlement takes about two months. This transaction, or sale, is subject to approval from the court system. Before even jumping the gun, you may want to research your particular state to make sure that you will not be looking at too much trouble. Another thing to keep in mind is that if you decide that you want to sell structured settlement that you will not be getting all of the cash. Say for example you have a settlement of two hundred thousand and you want to sell that in order to get your money now, you will receive less than that in a lump sum. The remainder of that cash is the profit of the company that bought your settlement. Just keep in mind that companies are not going to do this free. It is also important that the entire settlement does not have to be sold off. A person could decide to sell maybe half of their settlement in order to receive a lump sum and decide to allow the rest to come as monthly payments for the rest of the time. This cannot be applied to all structured settlements in all states but it is certainly worth looking into. It is your money and you need it now! There are a few you need to know first. For more information please visit http://www.sellstructuredsettlement.infoYou may reprint this article UNCHANGED with all links left in. Article Source: http://EzineArticles.com/?expert=Michael_Reinhart

Selling Structured Settlements

Individuals sell structured settlements to get liquid cash. They can be sold to special financial institutions. The main advantage of selling structured settlements is that the annuity owner does not fall under any tax obligations. It is essential to research about settlement buyers; verify previous records and working relations with insurance companies. Purchasers should be licensed, insured and bonded. This helps in getting cash, even if the purchaser shuts shop. It is important to take approval from court before selling pre-arranged assets. The judge studies the requirement of the vendor. If the need is a genuine and if the potential transactions are up to the mark, it is approved. A person who is bonded in the settlement cannot get credit from any other means. It becomes important to sell the deal. Once the transaction is approved legally, the sellers ask for a free quote. They have to provide all information regarding their state of residence, the insurance company and the length of the payments to the purchasers. After verifying the given information, purchasers provide a quote for buying the settlement. After verification, if the purchasers are satisfied and assured of the seller's authenticity, they send a disclosure document. This document defines and explains all obligations that will rule the transaction in his favor. The seller signs a contract with the purchaser firm and dispatches it for court approval. The court takes 90 days to approve. After approval, seller will receive the predetermined amount of cash within five to ten working days. Strategic Capital specializes in the purchase of structured settlements, lottery winnings and other annuity payments. Get lump sump cash for all your structured settlements and annuity payments quickly and easily. Article Source: http://EzineArticles.com/?expert=Tariq_Ansari

Cash Advance From a Structured Settlement

This is now possible but it is called a payment exchange. If you are reading this then a structured settlement may have come your way. Tens of thousands of injury victims are now receiving long term structured settlements instead of large amounts of cash. Cash advance from a structured settlement is pretty much easy now if you can show a need to the courts. Back in the mid eighties most lawsuits were settled with a one time cash payout that the juries ruled on after hearing a case. Now there are other common lawsuit payout methods. A so called cash advance structured settlement is not a real cash advance, you don't have to pay it back and it is an exchange for future payments. With the increase in law suits and the advancements with settlement laws, now more lawsuits are paid in long term structured settlements. The problem with this is many. It's very hard to predict future expenses and on-going costs from down time, bills, injury rehabilitation and other. Sometimes injuries turn into other long term injuries such as future back problems, disability issues whether temporary or permanent. The structured settlement just pays a steady small amount monthly. A person can't get a loan or a traditional cash advance on a structured settlement. The structured settlement can not be used as collateral either. So what can a person due if unexpected related expenses come up or prices go up on products or services that you need to recover or rehab. Well the laws have been updated to now allow a structured settlement owner go to a finance factoring company and get large amounts of cash in exchange for future payments tax free. Your trade of future payments result in a less amount of money you would have gotten longterm. The large amount of cash given will be tax free and with very little expense from the owner of the annuity. Many factoring companies will deduct legal fees from the large amount of cash. This "cash advance" from a structured settlement is called settlement funding or selling your settlement payments. A court order from a judge must be done in most states to complete this type of transaction; a real need for the cash must be recorded and shown. The needs for large amounts of cash from the structured settlement can be any of the following and more: College education for your children's or your's Medical bills and medical equipment Large household improvements Avoidance of home foreclosure Buy or payoff a home New car or car payoff Business expenses and cash needed to continue your business Taxes and other financial problems Furniture and household items due to a crises or disaster Divorce needs for a new start The above are serious needs for cash and more may exist. It is up to the judge and court to decide if the reasons a person needs cash for their payments is valid and in your best interest. The "cash advance" structured settlement if done right takes from 25-90 days pending court case load. Get started now. The structured settlement company willing to work with you to do the exchange of future payments for cash, usually handles all the legal papers and they have lawyers to request court hearings the factoring finance company will work with you on the details and guide you through every step of the process. Article Source: http://EzineArticles.com/?expert=Greg_A_Williams

Pros and Cons of Structured Settlements

Structured settlements have many benefits to it. With a structured settlement, tax is avoided. Because of an appropriate and educated setup, a structured settlement is also able to reduce the plaintiff's tax obligations and may sometimes be tax-free. A structured settlement can be a good way to preserve the plaintiff's settlement funds, preparing him for necessary future payments. Most of the time, a structured settlement serves as a protection from the plaintiff himself and limits his money use. A lot of people are simply not good with money, or could not just say "no" to relatives and friends who want to "taste" their wealth. For these types of people, a large settlement can immediately go to waste and disappear. Structured settlements are also advantageous for minors as well for they can be used to provide payments through their lifetime--personal costs during their adolescence, additional disbursements for college and other academic expenses, and other disbursements during adulthood. A person who is injured and needs long-term special treatments and services benefits from this as well. Having periodic lump sums will give him the financial capability to purchase medicines, medical equipments, or modified vehicles that he may need. The downside Some people feel limited by the periodic payments in a structured settlement. They may want to buy a new car, get a housing loan, or pay for other expensive items and services but this will be impossible with the structured settlements because they are not allowed to borrow against payments for the future under their agreement. So for some people, accepting a lump sum settlement is the better option. They will be the ones to invest it and plan for their future. For them, other standard investments seem to give a better long-term return than the annual payments there is in structured settlements. Structured Settlements provides detailed information on Cash For Structured Settlements, Buyer Of Structured Settlements, Sell Structured Insurance Settlements, Selling Structured Settlements and more. Structured Settlements is affiliated with Debt Settlements. Article Source: http://EzineArticles.com/?expert=Max_Bellamy

How to Make a Profitable Structured Settlement Funding

Many investors for earning money have considered structural settlements as a preferred option. These settlements are generally paid to the investor over a period by using insurance pay out method, lottery-winning method or by annuities. Structural settlements have proved to be beneficial to many. Two major benefit of having a structured settlement funding are: * They are tax-free. This is one of the major benefits of taking a structured settlement funding. * It adds to the security advantage of the senior citizen and children. Seeing these advantages, many people just invest the money without thinking that there can be losses and funds can be mismanaged as well. Hence when you plan to buy a structured settlement, it is necessary for one to choose a financially sound company. This eliminates the high chances of losses. In addition to this, at time of inflation, your money will be safe. One thing to note here is good companies don't hire any brokers, hence you don't have to pay the money for high commission. You might be thinking why... it's the simple reason, to the brokers they have to pay from their pocket. This will be costly on their part and you don't have to pay high commission. Some people due to hefty loans or bills might like to sell the future settlements to get the money. But for selling structured settlement it is necessary to take the help of a independently functioning adviser. These structured settlement advisers provide with the assistance to sell lottery winnings or advise you on how to go about structured settlement annuities. For more information visit http://www.prosperitypartners.com Prosperity Partners as structured settlement advisors and buyers engaged in purchase of structured annuities. You can sell your structured settlement, sell lottery winnings, sell structured annuity settlements. Article Source: http://EzineArticles.com/?expert=Fiona_Brown

Use a Pre-Settlement Loan to Purchase a New Vehicle

A lawsuit case can take a long while to reach a verdict, and then after any appeals receive any monetary award. Let's face it, during a lawsuit you just wish you could get access to your rightfully due money before the case settles. Maybe you want to buy a vehicle and need a down payment or want to buy it out right. There is a solution for you, and it can happen while you're in the middle of your pending lawsuit; it's called a pre settlement loan. A pre settlement loan is an excellent choice if you need access to cash and your lawsuit is still pending or in the process of fighting. One of the best benefits of it is that if you lose your pending lawsuit you don't have to pay it back! This is because a pre settlement loan is a non-resource debt, it's only paid back if certain specifications are met; which is that you win your lawsuit. In lieu of your pre settlement loan you would be required to pay back the loaned amount, a nominal fee and interests; again only if your case reaches a guilty verdict and monetary funds are awarded. So, if you're interested in purchasing a new vehicle with funds that could be awarded in your pending lawsuit a pre settlement loan is the best option. Let's say you decided to get a normal auto loan you'll then be responsible for your monthly payments even if you lose your case. However, if you pay with your pre settlement loan you'll not be in danger of being not able to afford your payments; assuming you pay the vehicle price in full. Let a pre settlement loan help you get your new vehicle today, it's easy to apply for and costs nothing for the application process with respectable settlement loan providers. You can also use your money for whatever else you'd like, your not stuck with just a vehicle purchase. Legal Settlement Loans is the number one source for settlement loan information. We provide the most up to date information regarding settlement loans, educate yourself properly before getting a settlement loan at LegalSettlementLoans.com! Article Source: http://EzineArticles.com/?expert=Stephen_Sandecki

Get Money For Structured Settlement Annuity

You may have read or seen a recent television commercial talking about structured settlements and a way to get money today. With economic times getting worse every month you may be looking for more ways to get money. You can now get money for structured settlement future payments. These structured settlements are usually in the form of an annuity. Even though this is a secure reliable future source of money, you may instead need a large sum of money now. Many lawsuit settlements are now paying funds out over a long period. Many injury settlement winners receive an initial large amount of money when an injury lawsuit is settled. The remainder of lawsuit settlement is spread out over 10, 20, or 30 years or more. Monthly payments coming to you from this arrangement are supposed to help and keep your financial peace of mind at rest. This is not the case in many arrangements. Cash emergencies are hard to predict. You need more cash now. Though payment schedules are usually set to increase at a 3-5% level every year, it does not take in to effect large purchases, increasing medical treatments, or new expenses. Some of the needs for more money can be: Hospital and medical treatments Transportation such as a new car Avoiding bankruptcy Education tuition and financial student loans that need to be paid off Money for down payment on new home Home repair and improvements such as kitchen repair, structure plumbing Disaster recovery A finance company may purchase the future payments of your structured settlement. Your future payments are exchanged for cash. You can sell some of your future payments or all off them. The annuity or structured settlement copy must be sent to the finance company for review, they need to analyze the terms and see if it is possible to purchase your future payments. A judge must approve a court order for you to get money. Make sure the company that is offering the cash is well established. It is important that the payment purchasing company guides and manages the court order process for you. How can you get more money for your structured settlement? Well, it is your money and now it's easy to get lump sums of cash. The law now permits you to sell your future payments for cash today. Article Source: http://EzineArticles.com/?expert=Greg_A_Williams