Structured settlements are awarded as a result of a legal action. One party sues another and there is a settlement where the defendant agrees to accept payments that are made over time. Often times these payments are then sold by the defendant for a variety of reasons to “get cash now”. A structured settlement funding company or broker is engaged to handle the sale. Brandon’s blog post cautions readers on the ease in which someone can call themselves a structured settlement broker.
The entry explains that there is nothing more than a website, a phone number and time to be considered a broker but highlights some questions potential sellers should ask before doing agreeing to the sale of their settlement payments.
Read the post in its entirety here http://www.annuitytransfers.com/2011/12/12/byob-be-your-own-broker/.
About Annuity Transfers, Ltd.
Annuity Transfers, established in 2003, purchases structured settlement annuity payments by combining the highest court approval rate in the industry and utilizing its own capital to close 100% of transactions within three days of court approval.
BYOB - Be Your Own Structured Settlement Broker
December 28, 2011
A lot of websites offer to buy structured settlements but a recent blog post warns sellers to beware before doing business with the first website they contact.
Richardson, USA, 12/28/2011 / SubmitMyPR /