Purchase structured settlements

Selling Your Structured Settlement

2009-09-25T14:39:00.000-07:00

Many people who have obtained structured settlements through their personal injury or workers' compensation claims wonder if they should try to sell their settlement in return for a lump sum payment. This may be a relatively modest curiosity, piqued by an advertisement announcing "It's your money!" and promising cash payment. Or it may be based upon an immediate need for funds. However, selling a structured settlement is not always possible, and it is not necessarily an economically wise decision.

Your Structured Settlement Should Work For You

The best time to decide that a structured settlement is not right for you is before you consent to such a settlement. You may wish to press for a lump sum settlement, for periodic lump sum payments in addition to smaller annual payments, or for a lump sum to be issued at a future date when you anticipate a particular need. If you work out a settlement package that is in your best interest at the outset, you will be able to maximize the value of your settlement and get the greatest tax benefit from the structured portion of any settlement.

Remember that the companies which purchase structured settlements intend to profit from the purchase of your settlement. Their profit comes out of the payments you would otherwise receive.

Recall also that if your future earning capacity is impaired as a result of your injury, you should consider your future needs when you are making any decision regarding the sale of your settlement.

Restrictions on Selling Settlements

There are laws in approximately two thirds of the states which restrict the sale of structured settlements, and additional federal regulations apply to the sale of structured settlements. You should expect to have to obtain court approval for the sale, and most states have statutes in effect which regulate the transfer process. The insurance company that issued the annuities for the structured settlement may refuse to cooperate with the sale of a settlement, citing policy language and asserting that payments cannot be assigned.

Tax Consequences

As a typical structured settlement is designed to provide significant tax advantages to the injured plaintiff, there can be significant tax consequences associated with selling part or all of a settlement. It may be that, while payments made under the settlement were not taxed, the lump sum received through the sale of the settlement will be taxed.

Shop Around For Offers

If you are approached about selling your settlement, or are looking for a buyer, don't take the first offer you receive. You will almost always benefit from consulting with different brokers or buyers in relation to your settlement. You should also take care that you are working with an established, reputable buyer.

Consult A Lawyer

It is wise to consult a lawyer in relation to the sale of your settlement before signing a contract. A lawyer can help ensure that your rights are protected, and that you will not be subject to consequences for events outside of your control, for example if the company which purchases your settlement is later unable to collect payments from the insurance company which issued the annuities in your settlement package. A lawyer will be able to tell you if the terms of the purchase agreement are reasonable, and may also be able to advise you as to whether the offer made for your settlement is adequate.

Source: http://www.expertlaw.com

Selling Annuity Payments

2009-09-25T14:36:00.000-07:00

Attorneys

Case Types

• Personal Injury

• Settlements Judgements

• Commercial

Resources

Selling Annuity Payments
Case Type: Sell Structured Settlement

Selling annuity payments to Oasis lets you tap into a lump-sum cash payment.

Whether your goal is to buy a new house, purchase a new car, or start your own business, you can't do that with the regular annuity payment you are receiving.

Sure, money is coming your way in the future, but wouldn't it be nice to have it all at once?

We Convert Multiple Annuity Payments into a Single Payment!

We're here to help. As you know, many structured settlements are paid out over multiple years. In the mean time, you may need cash sooner than later.

We take your settlement payment plan and convert it into a single cash payment that you receive as a lump-sum.

When we buy annuity payments and offer our clients a single lump-sum payment, we free them up to follow their dreams. There's no need to wait to get your hands on your money and do the things you've always wanted to do.

Selling Annuity Payments Make Sense

In many cases, recipient of annuity payments can earn a higher rate of return by getting the settlement cash as a lump-sum and investing in other investments. Inflation can also play a role. Dollars that will be delivered in the future won't buy nearly as much as they can buy today, and a rising inflation rate can further weaken the value of future settlement payouts.

Source: http://www.oasislegal.com

Structured Settlements Cash Funding

2009-09-25T14:35:00.000-07:00

Our structured settlement funding plan gets you the cash you need Sooner than Later.

Just because you receive a structured settlement doesn't mean you’re happy with the payment arrangements. Many structured settlement recipients can find themselves in need of extra spending money right now!

Here’s How Oasis Can Help!

Since structured settlements pay out over long periods of time--sometimes over decades--you may not have an immediate source of cash at your disposal.

That’s where we come in! Oasis Legal Finance is a funding company that provides cash solutions for structured settlement clients. We’ll offer you the opportunity to sell your annuity payments and structured settlement payments for cash you can use sooner, rather than later.

Build The Life You’ve Always Wanted!

Do you want your cash sooner rather than later? Though the insurance companies might have controlled your payout, Oasis Legal Finance is here to deliver one big check so you can avoid the hassle and worry of waiting years for your money.

Wouldn’t it be nice to do what YOU want when YOU want, with YOUR money?

When it comes to financial matters, no one understands your needs better than you do. Now that you’ve found Your Oasis, there is no longer any reason to wait for your next payment. Oasis Legal Finance can help you to take control of your financial future!

By completing and submitting the no cost-no risk application on this page, you’ll be steps closer to receiving the cash YOU ALREADY OWN.

Source: http://www.oasislegal.com

Purchase Structured Settlements

2009-09-25T14:34:00.000-07:00

We purchase structured settlements.

Oasis helps you to do what YOU want when YOU want with YOUR money.

Structured settlements arise when a consumer settles a lawsuit claim.

With a structured settlement, the injured party receives periodic payments. However, it is very common for consumers who are receiving structure settlements to run into financial problems simply because they cannot access their future settlement payments in time to meet current financial obligations.

This is typically not an issue of being unable to pay the bills. Rather, structured settlement recipients often want to fund major life events such as buying a home, purchasing a business, or paying for college. The timing of their settlement payments makes it difficult to make those important investments.

Oasis solves this common problem by restructuring the structured settlement payments. In effect, we purchase structured settlement payments due in the future and provide consumers with a lump-sum cash settlement payment now. For consumers who are receiving structured settlement payments, it allows them to make investments in their own future that might otherwise not be possible.

Source: http://www.oasislegal.com

How to Sell a Structured Settlement

2009-09-25T14:29:00.000-07:00

Introduction

If you are receiving structured settlement payments, but have a sudden need for cash, you may be able to factor the arrangement in return for a lump sum payment. This is done by selling the rights to receive the payments in return for a payment from an investor who is looking to receive future income.

Step 1: What are Structured Settlements?

When law suits are settled, damages may be awarded in a lump sum, or a series of payments. A settlement which is awarded in a series of payments over time is called a structured settlement.

A plaintiff may prefer a structured settlement as there may be tax benefits available depending on their individual circumstances.
Defendants can purchase annuities to fund the payments, allowing them to pay the judgment with a lump sum, even though the plaintiff is receiving future payments.

Step 2: How to Sell a Structured Settlement

If you have large medical expenses, or have experienced a sudden financial emergency, you might wish you'd taken a lump sum payment instead of a structured settlement. Even if you have received a structured settlement, you might be able turn it into cash by selling it to an investor. The process may take up to 90 days. Here's what you need to know before entering into a contract to factor your settlement:

Approximately two thirds of states restrict the sale of structured settlements.
Federal law restricts the sale of tax-free structured settlements.
If the settlement is funded by an annuity, the insurance company may not transfer the benefits to a third party.
You may need to go back to court to have the sale approved by a judge.
1. The judge will evaluate the circumstances to determine whether the seller will actually benefit from the transaction.
2. The judge may also evaluate the impact of the sale on the seller's heirs.
Because of the legal issues involved, you should consult with an attorney before selling your settlement.

Step 3: Selecting a Purchaser for Your Structured Settlement

You should be careful when selecting a purchaser for your structured settlement.

Prices vary, so make sure to get multiple quotes.
Only do business with reputable established companies, as you want to make sure you'll receive your payment.
1. Check out their past payment records.
2. Ask about their working relationships with the insurance company that handled your settlement. A good relationship will help to ensure the transaction is processed quickly.
Only do business with a purchaser that is bonded.

Source: http://www.mahalo.com

Purchase structured settlements

Selling Your Structured Settlement

Your Structured Settlement Should Work For You

Restrictions on Selling Settlements

Tax Consequences

Shop Around For Offers

Consult A Lawyer

Selling Annuity Payments

Attorneys

Case Types

Resources

Selling Annuity Payments Case Type: Sell Structured Settlement

We Convert Multiple Annuity Payments into a Single Payment!

Selling Annuity Payments Make Sense

Structured Settlements Cash Funding

Here’s How Oasis Can Help!

Build The Life You’ve Always Wanted!

Purchase Structured Settlements

How to Sell a Structured Settlement

Introduction

Step 1: What are Structured Settlements?

Step 2: How to Sell a Structured Settlement

Step 3: Selecting a Purchaser for Your Structured Settlement

Selling Annuity Payments
Case Type: Sell Structured Settlement