Rescue Capital Blog Your Money, Your Way

11Jun/13Off

Have questions about selling a structured settlement annuity ?

Posted by Rescue Capital

Anyone looking to sell some or all of their future structured settlement annuity payments usually has a lot of questions. Here are some the most common questions we get every day.

  •  How does the process work ?
  • Do I need to hire a lawyer ?
  • What is a discount rate ?
  • Why do I need a reason to get my money ?
  • What documents do I need ?
  • Can I just sell some of my payments ?
  • Do I have to pay taxes on this money ?
  • How long will it take before I get my money ?
  •  Will the insurance company object to the sale ? 
  • Will I have to be present in court?

I have questions about my structured settlementThe good news is that here at Rescue Capital, we have many years of experience dealing with every type of case in every state and we will be able to answer every one of your questions. More importantly though, every person's situation is unique. After finding out what your goals are and getting some basic information about your case, we will be able to offer you different options that you can weigh out. One of our primary goals is to make sure you understand fully each step of the process and how it impacts you. We want you to feel comfortable knowing that we have your best interests at heart and that will be our top priority from start to finish. So give us a call at 1-866-688-3532. If you don't have time to discuss it, just fill out our simple quote request form online here and we will get back to you when you are ready.

 

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4Jun/13Off

The value of money in your hands today

Posted by Rescue Capital

There are a bunch of reason why someone would want to have cash in their hands now instead of some future date.  Most people  know that $100 today does not equal $100 years from now.  If it being invested somehow and collecting interest then it may turn into much more years later. In some cases though, your money can more valuable today than it will be in the future. This very  important to understand if you own an annuity or structured settlement today.

Rescue Capital can help you get cash nowWhat your money is worth today is known as the present value. In order to have an equal amount of money in future years as you have today, you have to consider interest rates and inflation rates. These rates or yields change with time. These rates will impact the value of your money either today or in the future as well as what is known as the purchasing power of your money. Purchasing power of a dollar is the amount of goods and services that can be purchased with one dollar. Think about how much value you used to be able to get with one dollar versus what you can get today. Many of us remember when gas was $1.50  a gallon. Over time you need more money to get the same goods. This is an example of why one would need more money in the future to have the same purchasing power today.

By having the cash of  your future payments in your hands  today, you  may lose possible future value but you have an opportunity to use it now where it may be  helpful for your well being.  The result is you will have a lump sum of cash at its present value. One advantage of having a lump sum of present value cash is the purchasing power it holds today. Among many other advantages of having a lump sum of cash, it can be invested differently to earn higher returns than being locked into an annuity for example. You could invest in a business that gets a higher return on your investment than the level it would get in an investment. You may buy a home where, instead of paying rent every month, the money you spend living there builds equity overtime and  the value of the home will increase over that time. You may purchase a car where now you can get a better job, make much more money over time than you would if you had to take the bus or  the subway.

The equivalent value of money for either present values or future values is simply determined by a mathematical equation. The equation takes into consideration interest rates over time and the time period between present and future. Call us today at 866-688-3532 and we can discuss what options are available for you. If you prefer, you can just fill out an online quote request here and we can get back to you when you have more time.



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.



22Jun/12Off

Our Favorite Things-June 22nd

Posted by Dawn Anderson

It's a hot one here in Philly. Here's our favorite ways to cool down and save money.

  1. Save on Food-8 easy ways to cut your food bill.
  2. Living Large-Saving money by living in a tiny house.
  3. Beat the heat-Energy saving tips to keep you cool.
  4. Stay Cool-40 cool drinks for a hot day that you can make at home.
  5. Don't forget fido-Keep your pets cool this summer.