Purchasing Structured Settlement Payments

In some court cases when a plaintiff settles for a sizeable sum of money, the defendant or the plaintiff's attorney will propose paying in installments rather than a single lump sum. When a settlement is paid in this way it's known as a "structured settlement". Quite often the structured settlement is created by purchasing annuities, which will guarantee payments in the future.

Some who are awarded structured settlements feel locked in by periodic payments. If they wish to purchase a new home, or have some other expensive need or want, they may be unable to muster the resources because they can't borrow against future payments under the terms of their settlement.Therefore, some seek to sell their future payments for a lump sum settlement.

When a large sum is paid over a period of time, there may be some tax advantages, and it does guarentee future income. By opting for a large lump sum all at once, one gets a large amount of money all at once, with nothing saved for future expenses. Some people who are injured and suffer ongoing medical bills will often need money for future care, and structured settlements are good for that.

But you might have a good reason for wanting a large sum of cash right away, instead of smaller amounts spread over a period of time. You might want to further your education, or purchase a home, or have another good reason for needing some, or all, of your settlement money up front. This is a good time to consult a structured settlement company.

RSL Funding has quickly become an industry leader in funding structured settlements. Their on-hand capital enables them to advance money to their clients – in many cases while the approval of the structured settlement purchase is pending. Their expertise and creativity enable them find solutions – even where others have failed – all at NO COST to you. Fill out the form above to get started, or give them a call at 800-543-6513.