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.

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How to Sell So-Called Structured Settlements

Structured settlements do guarantee a steady flow of income, but they are given in "bits", or periodic payments. For some that settled a case with this method, there does come a time when they need a lot of cash during some point of time, usually when the payment from the structured settlement isn't due yet. So if you're one of them, and everyone you know refuses to loan you the cash you need (whatever reason that may be), then you might want to get acquainted with the concept of "sell structured settlements". You're probably aware that you can do this, if not, you haven't been paying enough attention to lawyer then.

Anyways, it is possible, but there are certain restrictions that you just have to keep in mind, that is if you ever do need the dough immediately and that badly. People deciding to sell structured settlements must be familiar with the terms and conditions of the settlement, because there are some which forbid the selling for the lump sum amount. If somehow you could sell for the lump sum, here's one thing that you should never forget, which could possibly get you to change your mind: when you sell structured settlements for their lump sum value, you are doing so at a lesser price, or less than what it is actually worth.

So how do you actually determine the value of your settlement? You may find that out thanks to the internet. There are many financial companies into this kind of business that offer their quotes of what it's worth to the market today. Take note that they do have different assessments of its actual value, so the smartest thing you could do is to get multiple quotes, that way you can stick with the company with the highest assessment. But don't leap into the arms of a stranger - didn't your mommy tell you not to deal with anybody you aren't familiar with? If you know nothing about the financial institution, don't be too eager to get in ties with them without playing detective or doing a background check on the suckers.

Yeah sure they may be offering a better deal, but it's all horse crap if they aren't credible. What you do here is not necessarily conducting a thesis about them; you just have to take a gander at their track record. You can ask people you know that avail their services that you get a better insight on "what they really are". The World Wide Web is also a pool of knowledge; you just need to know where exactly you should be tapping it. There are forums out there talking about these companies, which can give you more ideas about their credibility.

Now, I don't know much about you (the reader), but if you're actually reading this article, it could mean that you don't know much about the concept of "sell structured settlements". So if you're that kind of person, and all the investigation work you've been doing leaves you clueless, here's a tip: consult a professional. One guy you can go to is the structured settlement broker, because he knows everything there is to know here. Yes you have to pay him, but he'll be able to land you better deal with the structured settlement company, and prevent the possibility of you getting a raw deal.

The author of this article Rick Goldfeller is an underground Financial Analyst who has been successfully running campaigns for several wealthy clients. Rick finally decided to go public and share his knowledge and experience through his website http://www.finanzine.com You can sign up for his free newsletter and join his coaching program.

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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.

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