by admin
4. May 2010 04:05
Hi everyone. J.G. Wentworth here.
What happens when you call 877-CASH-NOW to inquire about selling your structured settlement or annuity payments? You will speak with a professionally trained account representative. Below are some of the things your account rep can help you with.
Creating options. He or she can break your stream of payments down in a variety of ways to enable you to get the lump sum of cash you require. For instance, they can look at your current payment of say, $200 per month as two $100 payments. And by selling just one of them for say three years, you can get the lump sum you need and retain $100 a month in income. The truth is, there are endless possibilities for your structured settlement and annuity payments and your J.G. Wentworth account representative can help you find the one that’s customized to meet your specific needs. (settlement funding and annuity buyout)
Gathering documents. The sale of your structured settlement payments requires significant documentation. Some of these documents include information about your settlement, contracts from the insurance company, verification of citizenship, bank account numbers and affidavits, to name just a few. Your J.G. Wentworth account representative can act as a repository of documents as you gather them, and keep track of what you have and what else you need find.
Removing liabilities. You may have outstanding tax liens or child support payments. These liabilities can have an adverse impact on the sale of your structured settlement payments. However, your J.G. Wentworth account representative can work with authorities to have these liabilities cleared up as part of the proceeds from the sale of your payments.
Working with creditors. Your need for cash may be time sensitive. Some of our customers in the past have faced foreclosure of a home or repossession of a car. In many of these cases, J.G. Wentworth intervened with creditors and would-be creditors and have worked wonders on behalf of their customers.
Let’s not forget what might be one of the most important things a J.G. Wentworth account representative can do for you: lend an ear. While there’s no substitute for getting the lump sum of cash you need, sometimes just being able to talk about your financial situation with someone who is knowledgeable and who cares can help a lot.
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