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Joshua Shapiro Profile and Articles
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1). Preparing to Meet With a Buyer of Structured Settlements
Once you have made the decision that selling your structured settlement is an option you want to consider, you should begin to prepare yourself for the selling process. In particular, this means preparing to meet with a buyer of structured settlements. Because this is uncharted territory, there are certain steps you should take to better equip yourself for this meeting.
2). The Lowdown on Receiving a Settlement Advance
After an injury, it is often very difficult to get back on your feet and get your financial house back in order. This is especially the case if you live paycheck to paycheck like most people. Once you become injured and miss a little time from work, it is as if you are drowning, desperately trying to grasp at anything that will keep you afloat until your case is settled and you get some relief.
3). Making the Most of Your Cash Payout on a Structured Settlement
The primary premise behind structured settlements is to provide for the long term financial needs of the person receiving it. Insurance companies, among others, decided people were too likely to frivolously spend any large sum of money they received, so setting up a payment structure was more secure. While there is a certain amount of logic to this, it should also be at the individual’s discretion as to how they spend their money.
4). Knowing When to Sell a Structured Settlement
Knowing when to sell a structured settlement is difficult as everyone’s circumstances are different. One person may determine they need to sell when someone thinks it is not necessary. To know if it is time to sell your structured settlement, you need to look at your personal details and evaluate your circumstances.
Do you need a lump sum of money? This is the primary indicator that it is time to sell a structured settlement.
5). The Lowdown on Settlement Funding
You may have heard the term before, but few people really understand the ends and outs of settlement funding. What was once just a vague term has grown into a rather controversial issue causing many to take up arms in the conflict. What is settlement funding and why the debate over its use?
Settlement funding, also known as litigation funding, is basically an advance of money from an expected settlement in a lawsuit or claim.
6). The Pros and Cons of Receiving Settlement Advance Cash
Receiving a cash advance from a pending settlement is very likely a blessing for most people, especially when you consider all the factors of an injury and lawsuit. However, in addition to advantages, there are also some negative aspects to receiving a cash advance on potential settlement proceeds.
Pro #1 – Cash When You Need It
The most prominent advantage to receiving a settlement cash advance is that you get money in your pocket when you need it most.
7). The Lowdown on Buyers of Structured Settlement Payments
The selling of structured settlements is a fairly new practice, perhaps because this type of settlement arrangement was once unknown and is now becoming more and more common. As people win lawsuits or settle claims, this type of payment structure is often used because it is believed to offer more security to the person being awarded. However, a short time later, many of these people realize that periodic payments are not particularly beneficial.
8). 3 Mistakes to Avoid When You Sell a Structured Insurance Settlement
Many people receiving payments from structured insurance settlements often wish they could get their money in a lump sum amount instead of receiving payments for what seems like forever. However, most do not realize that is a very real option for someone that wants to break free from the periodic payments of a structured settlement. If someone is really interested in selling a structured settlement for a lump sum of cash, there are a few common mistakes they should avoid.
9). The Lowdown on Structured Settlement Sales
A structured settlement is an arrangement in which an award, often from a lawsuit or claim, is paid out over time. This type of arrangement was originally designed to keep people from squandering away their wealth or fortunes quickly. They are meant to meet the long term financial needs of the person awarded the sum. Why, then, would anyone want to sell a structured settlement?
The truth is that your money is somewhat held hostage in a structured settlement – you do not have access to it except for the periodic checks that are sent to you.
10). The Lowdown on Structured Settlement Transfers
Everyone has seen the commercials – “Get cash now for your structured settlement payments!” Have you ever wondered what the real deal was with those companies and how you can make money from your structured settlement? Of course you can sit around and wait for checks to show up, but what is the real lowdown on selling structured settlements?
Basically, the companies that advertise paying you for your structured settlement are in the market to buy structured settlement payments.
11). Details of the Borders Rewards Card Application
This credit card is absolutely ideal for the book lovers out there. If you shop regularly at Borders or Walden books than get ready to start reading! As a card holder you earn great points for shopping at Borders, Walden Books, Borders Express, Borders Outlet and Borders and Walden Books online. With these earned points you can choose to receive a gift certificate to any one of the book stores listed above, gas or restaurant gift cards and many other great options.
12). How Cash for Settlement is Taxed
Generally, income as a result of personal injury is not taxable, depending on the specific type of award. However, some areas are taxed as income. For this reason, and the fact that there is a certain amount of gray area when settlements are not categorized into specific taxable groups, many settlements are set up in a structured settlement, often as an annuity, to completely avoid paying tax on the award.
13). 3 Mistakes to Avoid When You Sell a Settlement
Selling a structured settlement is more than likely a once in a lifetime event; being awarded such a settlement is not an everyday occurrence and it is improbable that an individual will know the steps to take and the mistakes to avoid when going through the process. Here are three major mistakes you should be aware of and avoid when selling a structured settlement.
14). The Lowdown on Structured Settlement Funding
Structured settlement funding is one of the many terms used to describe cashing in a structured settlement for a lump sum of cash. Structured settlements are basically payment plans which pay out awards over an extended period of time. Up until the last few years, people that held structured settlements were stuck with the payment terms; however, several companies have come into the market willing to purchase these assets from holders.
15). What is a Structured Settlement Quote?
When you first begin to venture into the unknown world of the structured settlement market, you may not have a clue what you are getting into. You may not know how much to expect from selling your structured settlement or the process in which you will get paid. For this reason, it is advisable to obtain a structured settlement quote to see exactly where you stand.
16). The Lowdown on Selling a Structured Settlement
So, you went through a lawsuit and were pressured into accepting a structured settlement; somewhere down the line you realize that the settlement does not provide all the security it was supposed to; what do you do now? Are you stuck receiving small payments for the rest of your life? The answer is NO! While you may not be able to turn back the clock and undo the agreement, you can do the next best thing and sell your structured settlement for a lump sum payment.
17). Details Of The Blue Sky from American Express Application
The Blue Sky from American Express is a rewards card designed for those who have very good credit. With this program, cardholders earn one point for every dollar they spend on every purchase. There is no limit on the number of miles that can be earned, and they do not expire as long as the card is active and in good standing. Points can be redeemed for any flight, hotel, rental car, or cruise with no blackout dates or restrictions on travel.
18). Details of the USA Platinum Application
The USA Platinum Credit Card has been designed for those who have poor or limited credit and have been looking for a way to establish or re-establish a positive credit history.
In spite of the $149.95 account set up fee with the USA Platinum credit card, this is reasonable in comparison to similar cards used for the purpose of establishing or re-establishing credit, some of whom charge fees anywhere between $200 and $400 during the first year of membership.
19). Details Of The Universal MasterCard Application
The Universal MasterCard is an ideal choice for anyone that is looking for some entertainment benefits. This is a great credit card for those who have a good credit score and those that are interested in finding a rewards program that is more tailored to the student rather than the standard consumer. The Universal MasterCard provides for a 0% introductory offer to get them started on the right road.
20). Details Of The USA Gold Card Application
The USA Gold Card offers several benefits to those that hold this line of credit. First off, the card has been designed to provide credit to those that have poor credit, those that have little credit and those that are looking to re establish their current credit. The USA Gold Card offers several benefits for this and through good management of these services; you will find benefits in using this credit line as it will help you to improve your credit score overall.
21). The Lowdown on Getting Cash for a Structured Settlement Payment
Were you involved in a car accident and received a structured settlement as a result? Perhaps something else happened and now you are receiving payments on a lawsuit settlement. Your attorney may have said a structured settlement was the best option for you, but in reality, it just does not work for everyone. If this is the case, you do not have to wait around the mailbox for your next payment to arrive.
22). You Need It Now: Get Cash Flow for a Structured Settlement
You probably did not have a crystal ball when you agreed to accept a structured settlement; you had no idea what the future held and how it would affect you; your attorney also had no way of knowing. If you could have gotten a glimpse into the future, you may have been less willing to take a payment plan. However, now you have the cards you were dealt and it is time to move forward with the options you have.
23). Details Of The Citi Upromise Card Application
The Citi Upromise Card, issued by Citibank, is intended for use by those who have very good credit and want to take advantage of its built-in college savings reward program. Enrollment in the Upromise program allows cardholders to earn a 10% rebate on select purchases. With over 7,000 grocery and drugstore items, a 2% rebate on gasoline purchased at Exxon and Mobil, and a 1% rebate on other purchases, your account can quickly build up a nice college fund for the future.
24). Details of the WorldPerks Visa Application
The WorldPerks Visa is the perfect visa for anyone who loves to travel and already has a great credit standing. With this card you can earn up to 1mile with each dollar spent, as well every time you pay your yearly fee you earn 55miles on your card. When you apply for the WorldPerks Visa and are approved you automatically earn another 7,500 miles! These miles that are earned and can be accumulated are good for free travels with Northwest Airlines and their partnering airlines.
25). How to Sell a Structured Settlement Payment
Structured settlement payments are not always the benefit they are made out to be. If you find yourself with a structured settlement but in need of a lump sum payment, you may be able to sell your structured settlement payments in exchange for the money you need now.
To sell your structured settlement payment, the first step is to find a buyer. There are many companies that specialize in purchasing structured settlements and annuities; you just have to decide which one to go with.
26). Where Can I Get a Free Structured Settlement Quote?
Obtaining structured settlement quotes is key to getting the best price for your asset. You will never know how much you can really get unless you get out there and test the water. This is especially true considering you probably have no experience selling a structured settlement and do not know what the process is or the going rate. However, when you check with various companies and see what they have to offer, you arm yourself with the information to barter a better deal and better ensure that you do not sell yourself short.
27). Details Of The Speedway Reward Card Application
The Speedway Reward Card is for those applicants who have very good credit and make purchases frequently at Speedway SuperAmerica stores. With this program, a 1% rebate is earned on all general purchases, and a 4% rebate is earned for purchases that are made at Speedway SuperAmerica stores. During the first sixty days purchases at Speedway SuperAmerica stores will earn an 8% rebate.
28). Details of the WorldPerks Visa Application
The WorldPerks Visa is the perfect visa for anyone who loves to travel and already has a great credit standing. With this card you can earn up to 1mile with each dollar spent, as well every time you pay your yearly fee you earn 55miles on your card. When you apply for the WorldPerks Visa and are approved you automatically earn another 7,500 miles! These miles that are earned and can be accumulated are good for free travels with Northwest Airlines and their partnering airlines.
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