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Tell us why you had to sell your structured settlement payments

Posted On : Oct-04-2010 | seen (546) times | Article Word Count : 441 |

The motivations for selling future payments such as structured settlement are different from person to person. Some want to pay for college and the monthly payments are not enough.

The motivations for selling future payments such as structured settlement are different from person to person. Some want to pay for college and the monthly payments are not enough. Others want to buy a home outright or start a business. And there are other life emergencies as well, such as unexpected additional medical expenses, saving a home from foreclosure, or digging out of high interest rate debt.

Here are some reasons why our clients have decided to sell their future payments in exchange for a lump sum buyout:

Glenn was hit by a truck while riding his motorcycle and the impact broke his leg in 3 different places, making it impossible for him to walk on his leg for the rest of his life. In 2007, Glenn was awarded structured settlement payments to be paid out for the next 18 years. Glenn’s leg injury had forced him to be on long term disability payments, which only covered 65% of his regular pay. With two children in college, a mortgage and other ongoing expenses, Glenn decided to sell his structured settlement for a lump sum to help pay for his increased family costs at this time.

Robert injured his back and neck in a car accident and he was awarded structured settlement payments to be paid out for the next 25 years. Robert’s injuries and the time it took to deal with his personal injury claim mean that Robert was not able to work and so he lost his job. Despite a bankruptcy filed back in 1992, Robert was able to sell his structured settlement payments without any problems. Since he had no other income to support his family, Robert decided to use his structured settlement payment lump sum to go into business for himself.

Brett was injured by a cannon explosion at a high school football game. As a result, he broke his left leg to the point that he needed to have steel rods inserted into his leg to make the bone grow back properly. Brett was awarded structured settlement payments to be paid out to him by 2020. After graduating from high school, Brett had decided to join the United State’s army. After, his discharge from the military, Brett needed to come up with a new life plan and he needed cash fast. He decided to sell his structured settlement payments and use the lump sum to go back to school and start a new career.

What is your story? Tell us why you had to sell your structured settlement payments.

Article Source : http://www.articleseen.com/Article_Tell us why you had to sell your structured settlement payments_36033.aspx

Author Resource :
Strategic Capital Corporation is a financial services company that purchases structured settlements, lottery winnings, annuities and other types of future payments from individuals and companies.

Keywords : selling future payments, structured settlement, strategic capital, Stratcap, bankruptcy, Structured Settlements payments, Cas,

Category : Finance : Personal Finance

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