The time value of money serves as the foundation for virtually all topics related to consumer and business finance.
What is a Cash Structured Settlement?
What is exactly is a cash structured settlement? Basically a cash structured settlement occurs when there is an insurance company that provides scheduled payments to a person as a result of a claim settlement. In other words, a structured settlement is a monetary package that allows for payment of a settlement to occur through scheduled installment payments for a period of time.
When to Sell Your Structured Settlement
A structured settlement often follows a life changing incident, whether it be positive or negative. Due to these circumstances, you may be faced with the need for a large lump sum payment rather than small monthly payments over a number of years. So, where do you turn? To a company that can buy your structured settlement from you and turn it into an immediate payment that you may use on whatever you see fit.
Each individual has different reasons for wanting to sell their structured settlement, however, first you must decide if it is the right decision for you.