Dear Rescue Capital,
I received a workman’s comp settlement in June. It came as a medical annuity worth $80,000. I do not plan on having anymore surgeries and I want to sell the annuity or get cash for it... How can I go about doing this or is it possible?
Thanks for your help,
Your ability to sell an annuity, especially an annuity that is a result of a workman’s comp settlement can vary from State to State. Some states allow you to transfer your payments to a factoring company like Rescue Capital in exchange for a cash lump sum, some do not. When dealing with a medical annuity it is important to make sure there will be no issues with outstanding liens. In order to best answer your question we would need to review your documents, this will help us to best answer your questions. You may have other options available to you aside from selling your annuity so it really makes sense to call us at 866.688.3532 so we can give you a better answer.
The financial world had a turbulent week but there are still some notable things to write about. Without further adieu Our Favorite Things:
- Stocks open higher – After a positive report on retails sales the Dow is on the rise.
- Plunging Mortgage Rates – According to the Wall Street Journal the mortgages rates are extremely low and now is the time to take advantage of it.
- Stock tips from Warren Buffett – The lower stocks go the more he buys.
- Consumer Cost Lookup – Tracks out of network costs for various medical procedures and tests.
- Virtual Credit Card Numbers – How to protect yourself when shopping online.
Have a good weekend!
The doldrums of the winter got you down? I know it’s got me down and out. It has been literally one too many days of shoveling and ice chipping for me. It’s pretty bad when the Chiropractor hurts his back.
What could I have done differently to prevent me from hobbling around for two days? Well it didn't help that I was rushing to get it done before the big super bowl game. Not to mention being bent over for 200 feet worth of driveway lifting 3 inch chunks of ice a good 4 feet up onto the snow bank. I'm sure I wasn't alone in this back braking endeavor. The best thing to prevent injuring your back while shoveling is to use your legs, try not to bend at the waist, take your time, and take stretching brakes every 10 minutes. Of course we all think we're invincible as I did and didn't heed my own advice. Plus it doesn’t help that I have a pre-existing condition known as a spondylolisthesis.
Spondylo-what the heck? It’s when the last lumbar vertebra fractures then slips forward off its base, the sacrum. In my case and if you know you have a pre-existing back injury I would recommend hiring the neighborhood kid to do the shoveling for you.
The other thing you can do is make sure your back is in the best shape it can be in before attempting an ambitious task. The key to a strong and healthy back is first and foremost that it’s in proper alignment. The way to know your back is in proper alignment is to visit you local Chiropractor.
You can tell yourself if your spine is off by looking in a full length mirror. Close your eyes while standing in front of the mirror and bring your head all the way forward then all the way back then open your eyes and be truthful to yourself. Is your head on straight? See if it tilts one way or the other; is one shoulder lower, does your pelvis shift right or left? If you can pick these things out with an untrained eye you definitely have some vertebral subluxtions which is when two vertebras misalign with each other. Vertebral subluxations are very common and can go undetected for years before showing their ugly faces after a day of shoveling.
If you have a back injury or other medical condition, you should check with your doctor before attempting shoveling snow.
About the Author
Thomas E. Martin, D.C. has been practicing chiropractic for over 20 years helping people who have been in car accidents, work injuries, to the most chronic conditions. He has since graduated from Life University in 1989, S.U.N.Y. at Coblskill; Univ. Buffalo, and is a member of B.N.I. To learn more about his practice, vertebral subluxtions and a healthy spine visit his website at www.mediachiropractor.com