New Bankruptcy Law Will Not Protect You from Identity Theft Recently passed by Congress with overwhelming support, the oddly-named Bankruptcy Abuse Prevention and Consumer Protection Act was designed to eliminate “bankruptcy of convenience.” The perceived problem is that many compulsive gamblers, shoppers and drug ... Why Would A Company Want To Buy My Structured Settlement? There are several structured settlement companies and corporates that purchase structured settlements and offer a lump sum in exchange. The simple reason for a company to purchase a structured settlement is that it represents a good investment deal. ... Understanding Structured Settlements and their Advantages Put in simple terms, a structured settlement is merely an agreement that's reached between a plaintiff and defendant that outlines the flow of payment that the plaintiff receives, due to injury. These payments – which are made over a specified ...
A Guide to the Buzzwords of Advanced Funding
An annuity is an insurance contract in which a person receives fixed payments over a defined period of time, usually a lifetime. An annuity allows people to build substantial funds for retirement, and plan for future generations. You can also receive an annuity in a legal settlement, often called a structured settlement. As the annuitant, you are the person entitled to receive the annuity payments. These payments are generally deferred payments scheduled over a long period of time.
Often, people feel locked in by their annuity, and realize they need flexible options fast. This is where advanced funding comes in. You can sell your annuity for a lump sum payment or cash now. Funding companies like JG Wentworth specialize in purchasing annuities and structured settlements. Funding companies will step into your shoes, and accept your deferred settlement payments in exchange for an immediate lump sum payment. This is called liquidity, or the ability and speed with which a security can be turned into cash you can use now.
This terminology is often difficult to understand if you don't come from a financial background, but familiarizing yourself with them is essential before making any economic decisions. While everyone would love to know exactly how their finances will pan out in the future, it is impossible to foresee obstacles that will occur in the future. Educate yourself on the numerous possibilities available before completing financial transactions that will impact your future.
About the author:
Nina Nocciolino is a copywriter for DMi Partners, an interactive marketing firm specializing in higher education, real estate, retail and finance.
Structured Products PDS Sydney Morning Herald, Australia - 8 hours ago Offer Opens 20 November 2008 Expected Commencement of 21 November 2008 Trading on the ASX Calculation of Cash Call Warrant Settlement Amount at Expiry ...
BGC Partners to Webcast 2008 Annual Meeting of Shareholders MarketWatch - 17 hours ago Factors may also include the costs and expenses of developing, maintaining and protecting intellectual property, including judgments or settlements paid or ...
LAWSUIT FINANCIAL ANTICIPATES CHANGES IN LEGAL CLIMATE dBusinessNews Detroit (press release), MI - Nov 18, 2008 Lawsuit Financial will also provide attorney funding for litigation costs, structured settlements, expert witness fees, and pending attorney fees. # # #
