In the harsh economic reality in which we live, automobile accident victims are sometimes lured by unscrupulous companies to sell their structured settlement payments or annuities for a quick, lump-sum payout that offers only a fraction of the money to which the injured person would otherwise receive. Sometimes you have no other choice. But, if you are thinking about selling your future structured settlement payments or annuities, here are some things to consider: (1) There are considerable financial consequences associated with selling your future payments; (2) you should explore all possible options before making the decision to sell your future payments; and (3) if you decide to sell, there are reputable companies you can work with. But, do your homework. Do not make a rash decision that could you hurt you more in the long-term that your perceived present difficulties.
Bettina Altizer- Attorney at Law
Altizer and Altizer
540-345-2000
I'm glad to find article talking about the down side of settlement payments. Thank you for the info.
ReplyDeleteFor long time I searched for exact process of downside selling structured settlements payment. On reading this post I learn more about this.
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