Winning a personal injury lawsuit is initially a powerful feeling, with most believing that their problems will be immediately solved. Unfortunately, this is not always the case. A structured settlement will distribute money over the course of months or even years, rather than presenting a lump sum all at once. The unfortunate thing about this is that many need a large amount of money in a short amount of time, rather than smaller payments over a lengthy stretch of time. Luckily, there is a way out of this messy situation ? you can cash for structured settlement payments. So, why choose the cash for structured settlement option? There are plenty of reasons.
If You Sell Your Structured Settlement, You Can Solve A Lot Of Problems
Altogether, American consumers owe $11.91 trillion in debt ? and the kinds of people that file lawsuits are you sure to owe a good bit of debt in particular. The fact is that a part of lawsuits are lawyers, and they will need to be paid rather quickly after you?ve won your lawsuit. Furthermore, a personal injury case often has debt associated with it, sometimes medical in nature. Overall, almost 20% of credit reports are affected by medical bills, and around 35% of the American population reported having trouble paying bills or being stuck with medical debt in 2014. One of the ways to reduce debt available is the ?getting cash for structured settlement? option. Some companies offer cash for structured settlements in lump sums. This can be turned towards debt in a faster turnover time. Getting of debt should be one of your first priorities, and selling an annuity settlement is a great way to do it.
You Can Plan You Finances in A Major Way
Have you ever wanted to make an investment, and just didn?t have the funds to do it? Getting that lump sum of cash for your structured settlement could open doors you?d never imagined being available to you. Once you?re finished getting out of debt, you may want to turn to investing in commodities like real estate or stock. These are not simply ways to spend money ? they?ll return it in the future, with a great profit if you make the right moves. Furthermore, many companies that purchase structured settlements can sometimes offer financial advice.
You Can Finally Do What You?ve Always Wanted To
So you?ve cleared your debt and made the investments you?ve wanted to. One thing you can do with a lump sum of money is follow your dreams. You can take the vacation you?ve always wanted to take, or buy the car you?ve always admired. If you?ve spent the past few years fighting to win a personal injury lawsuit, you deserve it.
The choice is yours ? but you deserve to have some kind of choice. Selling your structured settlement gives you one.