Avoid these Common Mistakes when Selling Structured Settlements

by admin 15. December 2011 05:10

Hi there, J.G. Wentworth here.

It’s my personal mission to help Americans who need cash now by purchasing their future payments for a lump sum of money. That doesn’t mean just buying structured settlement or annuity payments, handing over the cash, and hoping for the best; rather, I feel like it’s my responsibility to see the process through by warning you against some of the common mistakes that some folks make after they sell their payments. Here are some common mistakes to avoid so you can get the most out of our services now and in the future.

·         It’s not always the best decision to sell more than you need.  Our services include partial buyouts so you have the option of selling all of your structured settlement, annuity, or lottery payments, or just a portion of them.  Over the years, I have seen some people sell more of their future payments than they needed.  Oftentimes, people are used to receiving monthly payments, so still receiving a portion of those payments is an easier way to transition to their new budget.  It’s important to carefully determine how much of your payments you need to sell in order to fulfill your immediate needs, without undermining the needs you will have later on in life.  After all, as I have already stressed, we’re in the business of buying structured settlement payments to help you with your finances, not causing more headaches.

·         Utilize your money to best suit your needs.  You should come up with a well-developed financial plan for the lump sum before the check arrives.  This way, you can avoid the common mistake of overspending on unexpected purchases.   It’s your money, so we are pleased to help you get it when you need it, by buying your structured settlement or annuity payments – just make sure you use it wisely.

By thoughtfully planning and smartly executing your plan, you can work to avoid some of these common blunders. Contact us today and let one of my representatives help you get the cash you need.

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12/15/2011 8:58:58 AM #

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