Structured Settlements

A structured settlement is a method of paying damages to a plaintiff (injured party) over a period of time when a lawsuit is settled. Structured settlements usually result from personal injury cases involving motor vehicle collisions, product liability, medical malpractice... etc. 

While payment in installments may be perfectly appropriate at the time the settlement was negotiated financial needs do change with time. If you are the recipient of an annuity as a result of a settlement you now have to option of selling part or all of the settlement, depending on your immediate financial need, for a lump sum. In the past, recipients of structured settlements often had no way to convert their settlement into a lump sum payment. Banks typically do not lend against a settlement asset because many structured settlement annuities are not assignable.

We work with a number of funding sources who specialize in purchasing structured settlements. These funding sources have specialists on staff who are experts in the legal issues involved with a settlement purchase. Call us today 713-854-7429 and let us help you to meet your immediate financial needs. 

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