Rescue Capital Blog Your Money, Your Way

30Jul/12Off

How do I get a lump sum for my structured settlement ?

Posted by maureen

A structured settlement is a court awarded compensation stemming from a lawsuit. It establishes payments to be made over a fixed period of time rather than one lump sum. These payments can be paid weekly, biweekly, monthly, annually, and semi-annually. It all depends on how the settlement was set up.

There are many reasons for a structured settlement to be awarded a person but here are a few of the main reasons:

  • Wrongful death cases where survivors need income
  • Workers compensation cases
  • Guardianship cases involving minors or child support cases
  • People with permanent or temporary disabilities
  • Lead poisoning

People can sell all or part of their structured settlement payments to companies like us at Rescue Capital for a lump sum of cash. Reasons for needing a lump sum vary but the most common reasons are:

  • Paying off a mortgage
  • Paying off credit card debtsell settlement payments for lump sum of cash
  • Paying taxes
  • Starting a business
  • Paying off medical expenses or bills
  • Household repairs
  • Buying a car

The reasons for a lump sum vary from person to person just as their needs in life change.   As debts and bills accumulate over time, the amount received from an annuity, when it comes due, may no longer be large enough to handle the current financial needs.

Waiting for future payments can drive you further into debt. That’s why we, Rescue Capital, are here to help.  We purchase future payments in exchange for a lump sum paid to you.  You have the ability to obtain all of the money you need to provide security for yourself and your loved ones.  Call us at Rescue Capital at 866.688.3532 for a free no-obligation quote



26Jun/12Off

Thinking about selling your annuity? Give it some thought

Posted by Dawn Anderson

Feeling uneasy about your money situation? You’re not alone. Many people feel exactly the same way. Sometimes it helps to get the advice of a financial expert to explain all your options and help you determine the best course of action. This is also true when you sell your structured settlement annuity payments. While selling the rights to your future payments isn’t for everyone, having a professional available to review your options can aid you in your decision.

Rescue Capital can answer questions about selling your annuitiesWhen you’re looking to sell all or part of your future payments in order to fulfill financial obligations the decision isn’t one that should not be taken lightly. The value of your money and the extent of your need to receive your funds ahead of the scheduled payments are primary factors. Sometimes it makes more sense to take your payments in a cash lump sum rather than borrowing money at a high interest rate.

Avoiding foreclosure and paying off debt are just a few examples of why you may need to get your payments ahead of schedule. Life changes and having a lump sum of cash can help you get through tough times. Since you can’t always plan for the unexpected, it’s always best to know your options. This is where Rescue Capital come's in.

There is more than one way to get cash from a structured settlement or annuity. For instance, it isn’t necessary to sell all of your structured settlement or annuity payments. In many instances your immediate financial needs may not require that you to do so. Selling part of your future payments could be more than enough to pay unexpected bills while continuing to receive your scheduled payments.

Again, it can be difficult to navigate through all of your potential options on your own. It is important to research what the possibilities are and seek the help from someone in the know. Rescue Capital, a firm that buys structured settlements and annuities, can clear up the confusion and cut through any potential red tape that you might encounter at sale time. The money that you were awarded in your settlement is legally yours so shouldn’t you use it in a way that works for you?

Call Rescue Capital 866.688.3532 today to learn more and to receive your free no-obligation quote.



25Jun/12Off

Judge rules against Sovereign Funding

Posted by Dawn Anderson

Rescue Capital can help with structured settlementsAccording to published reports, Judge Marvin J. Garbis ruled against David Springer and Sovereign Funding Group’s motion for summary judgment in favor of plaintiff Woodbridge Structured Funding, LLC. (Woodbridge Structured Funding, LLC v Sovereign Funding et al. Civil action No. MJG-11-3421)1

The judge issued a scheduling order requiring all fact discovery be completed by December 31, 2012. Woodbridge’s complaint states that the defendants allegedly utilize unfair competitive practices including trademark infringement, false advertising, libel, defamation and product disparagement.

Previously, structured settlement factoring company and competitor J.G. Wentworth filed a similar lawsuit against Springer and Sovereign Funding accusing the Maryland based company of comparable allegations as the Woodbridge lawsuit. That lawsuit was settled in March 2012.

In February 2012, it was reported that several other companies/individuals were also victims of the alleged SEO tactics of Sovereign Funding and/or its SEO vendors including MetLife, Pacific Life and industry blogger John Darer.

Source:

1. http://structuredsettlements.typepad.com/structured_settlements_4r/2012/06/maryland-judge-rules-discovery-can-proceed-against-david-springer-and-sovereign-funding.html



21Jun/12Off

Bad credit not relevant with structured settlements

Posted by Dawn Anderson

When you’re suffering financially, waiting for payouts from a structured settlement annuity isn’t the most convenient way to get bad credit ok at Rescue Capitalmoney.  Clearly it would help if you can have access to your money sooner perhaps in a lump sum payment. Maybe you thought about looking into it before but delayed calling because you have bad credit and were afraid you wouldn’t be approved. The good news is that selling your future payments allows you to get the cash you need without borrowing money. It is not a loan it is a transfer of the legal rights to your future payments. So there is no money to pay back or credit approval.

The only way to improve your credit is to pay off your debt and selling your structured settlement could be the key to financial stability. Use the cash lump sum to pay off your credit cards or avoid foreclosure and invest the remaining funds to start earning interest for you. It is time to take control of your finances and reap the benefits of your money.

Working with Rescue Capital to sell your structured settlement for a lump sum has some benefits too. We can custom tailor the package to suit to your needs and goals. They can help you develop a plan to pay off your debts and work with your creditors to pay off the debts immediately. We’re also here to answer your questions without delay. Remember, the money is legally your property so why not use it to suit your needs.

You don’t have to sell you entire settlement. You can sell only part of your settlement, keeping some of your scheduled payments and have an influx of cash for your immediate needs. Cashing out your structured settlements can give you more financial freedom which is something everyone can use.

Don’t delay getting the facts about your financial situation. Call Rescue Capital today to discuss your situation and make your structured settlement to work for you. Call 866.688.3532 for your free no-obligation quote.