Archive for April, 2008

Gas Prices go up as the value of your settlement and annuity payments go down!

It’s a reality that thousands of Americans begin to see happening in their very own lives everyday.

sell settlement payments

Recent economic changes of drastic proportions have made those once sufficient amounts received from annuities and settlement payments less than desirable. Inflation, increased cost of living, rising debt, the largest hike in gas prices our country has ever seen all make the buying power and value of your settlement or annuity money shrink to unrecognizable amounts.

Originally the scheduled monthly, bi-annual, or even yearly payments seemed adequate or more than enough. Annuity and structured settlement payments were intended to help the victim of an injury, a person who aquired a disability, or even to supplement retirement income.
More over, foreclosures and mortgage delinquency have become an epidemic as a result of poor lending preactices, and brokers who farmed out sub-prime loans by the dozen to homeowners who could not afford or should have not received a loan.
American companies are reducing their human labor costs and quickly implemeting autonomic systems that help to fray the seemingly exhorbitant cost of operationg. Industry specilaists estimate that a corporation or business could effectivly reduce their overhead in human resources by more than 28% by eliminating personnel that are not absolutely necessary to day to day operations. This reduces not only the payroll costs for a struggling company, but eliminates the costly company contributions to benefits packages, and health plans typically provided to an employee.
An emergence of internet based and low cost electronic investment tools and software have turned even the most domestic housewife into stock savvy investors. At home on the computer individuals are learing that they can control their own investments and eliminate the middleman company.
Structured settlement, annuity, and lottery payment receipients are among the most fortunate in today’s society. A liquid asset such as this could provide the emergency funds needed to save a home from foreclosure, pay down or pay off credit card debt that is burying you further and further, medical expenses and care, or any other unforeseen costs that arise.
Selling settlement or selling annuity payments for a large lump sum of money can give a person the money they need now when they need it most.
Companies that will purchase your payments, like Woodbridge Investments or J.G. Wentworth,will give you an appraisal to let you know how large a lump sum your payments are worth, allowing you to decide which or how many payments you would like to sell.
Payments that are sold in the first 5 to 10 years are going to carry the most value and render the highest possible amount of money, while payments sold further in the schedule or years later will bring a much reduced offer.
Payments from structured settlements or annuities are not built to factor in the increased cost of living as the years go by, but the lump sum offer you receive from any company will definitely reflect the rate of inflation, and the lessened value and buying power of your dollar.
To get more information on how you can sell structured settlement or annuity paymen-ts and get a large cash sum now, call Woodbridge Investments today toll free 1-866-865-7044 or visit our website for an instant quote online or chat with a live reprentative at www.woodbridgeinvestments.com

** Your money is there for you, let Woodbridge investments help you realize your mony’s value to you today!**

Categories: Annuity Payments, Articles, Lottery Payments, Sell Structured Settlement Payments, Structured Settlements, Woodbridge Investments LLC, annuities, future payments, get a lump sum, investments, lottery, lump sum payments, sell, selling structured settlement, structured settlement, structured settlement payments, sum.

Learn how to tap into your money and make your structured settlement or annuity work for you.

Selling structured settlement, annuity, or lottery payments to cover those common events in a person’s life that typically incur great cost

sell your structured settlement, annuity or lottery payments

There are many different reasons people choose to cash in on payments from an annuity or a structured settlement. One common thread ties them all together. Need.

Need for a large amount of funds for something that is necessary, or life changing.

Let’s briefly bullet point some of the most common events in a person’s life that would typically incur great cost.

A Wedding - For parents, being able to provide a wedding for their children is an opportunity to share a day in the life of family and friends together on a momentus occasion. Or, perhaps you would love to have an opportunity to pay for your own upcoming nuptials. Even an intimate and small wedding can run into a few thousand dollars.
College Tuition – The gift of an education is a dream for many to either be able to give or to receive.
Vehicle Purchase – Transportation is a must. Whether you are in the city or suburbia, chances are you live, or work, or have family that you would like to, or in times of need, be able to get to. The only way to ensure you can get there when you need to is a set of wheels. Average purchase price of a small mid grade sedan 14K.Vehicle repair expenses, towing charges, frustration at an older less reliable vehicle can often be remedied with a trusted mode of transport like a new or newer car.
Home Repair or Renovation – You’ve outgrown your home but don’t want to leave. You might have thought about adding on to your existing home, or you may be in need of more room. Is the roof leaking and in need of repair? Is it time for that pool? Home renovations or additions can easily escalate into the 10’s of thousands.
Buy a new or first time home – Homeownership is a life ling dream that can become reality for those who are able to save up a substantial down payment and have credit to qualify for a loan. What if you can get the loan, but don’t quite have the downpaymnet? You may even want to increase your existing payment samount to reduce your monthly mortgage. With a traditional 20% of total purchase price down payment you can expect to have funds based on a $120,000.00 home to loom around 20k – 30K.
Funeral Expenses - The loss of a loved one is always a difficult time to go through without having to worry about borrowing money to pay expenses for services, and internment. Many families who did not have life insurance are suddenyl faced with the daunting and uncomfortable task of finding a way to pay for even the basic needs of a burial.
Dream Vacation – Whether its a family getaway, retirement, or a honeymoon you will want to make sure that you are able to enjoy each and every day to the fullest without having to worry about having enugh money with you when you travel.
Personal Improvement – Surgical procedures such as those that would be medically beneficial. Plastic and cosmetic surgery to correct a flaw that interfers with life’s daily activities, or possibly restorative surgery for post cancer victims, injuries as a result of an accident or someone elses negligence are not always covered by health insurance, and can easily drain a families savings, or home equity if a loan or second mortgage is obtained to provide for these.

We have reviewed some of the most frequently occuring situations that will almost always require a large amount of funds readily available.

Receipients of structured settlements, annuities, and lottery payments can choose to sell all or some of their future payments for a large lump sum of money to a company like Woodbridge Investments or J.G. Wentworth to pay for these things without incurring costly and expensive credit card debt or high interest rate loans.

When you are collecting payments on an annuity or if you have been awarded a settlement from a lawsuit or accident, you can choose to continue to receive periodic payments, or get a lump sum for all or some of them.

Tapping into your settlement or annuity for cash now!

Step 1Decide what your financial needs or goals are presently and in the near and long term. Once you have evaluated your own unique financial situation you will then determine the amount of money you are going to need to achieve the goals you have set.
Step 2You will need to obtain a quote from a company, such as Woodbridge Investments or J.G. Wentworth, that will purchase your future payments. The quote may also be referred to as an appraisal. Your quote aka as appraisal will be calculated based on several other factor you may not be aware of such as inflation, interest caps, discounting, and TVM.

What is TVM?

TVM is the Time Value of Money. A dollar today will not be worth as much as a dollar in 10 or even 5 years.

Categories: Structured Settlements, sell annuity payments, sell lottery payments, sell structured settlement, selling structured settlement.

Americans are cashing in on cashing out

Structured Settlement Purchasing companies see more action than the flat lands of the current stock market

As the money crunch hits people nationwide and a record number of households are facing foreclosure, trading cash flows is a hot market trend. Future dollar values undeterminable as rate of inflation eats away at a stable economy now facing a recession.

NEW YORK (CNNMoney.com) — There is little debate about whether the U.S. economy is in a recession. The question is how painful and long the downturn will be.

According to a quote taken from an article by Chris Isadore, senior writer for CNNMoney.com -”It seems to me the big wild card for the economy would be a sharp decline in the dollar, which in turn would cause U.S. inflation to spike up,” said Paul Kasriel, chief economist with Northern Trust.

How does today’s economy translate into the significant increase of structured settlement and annuity payment purchasing?

More and more individuals are using cash they receive by selling future payments from structured settlements, lotteries, and annuities to pay rising debt from consumer credit spending and stave off home foreclosures.

Foreclosure filings jumped 57% in March compared with the same month last year and rose 5% versus February, as the nation’s housing market continues to deteriorate

The increased competition between settlement purchasing and factoring companies like J.G. Wentworth or Woodbridge Investments have made it the optimum environment for individuals to get the highest amount of money possible for their future settlement or annuity payments.

Tightened borrowing policies on loans from major banks and mortgage lenders are making it even harder for the average first time home buyer. The large lump sum a person could receive from the sale of future settlement or annuity payments can be used as a downpayment or a repayment on a loan.

Although most major lenders are willing to expand the perimeters they normally operate within to resolve a mortgage delinquency, it is evident that there is a cash crisis in most households living pay check to pay check.

Nationwide people are turning to companies who will buy their future payments from a settlement or annuity as a means to not only get a head, but to survive.

There is an estimated value of nearly 2 billion dollars in settlement cases sold as a cash flow crop every year, and it is not showing any signs of slowing down.

NEW YORK (AP) — Banks, hit hard by the recent credit crisis, are struggling for cash.

Deutsche Bank AG said Tuesday that it expects first-quarter writedowns of $4 billion due to “significantly more challenging” market conditions triggered by the U.S. subprime collapse.

Germany’s largest bank warned last week that it may have been harder hit by the crisis than it had previously announced, with possible losses in some lending divisions.

Investors looking to long term dividends see greater potential in gain from securitized funds, as more Americans cash out for a lump sum now.

“If the market is poised to fall further, as I suspect, cash is just about the only defense.” writes Tim Middleton

Sentiments such as these give full swing to why Americans all over are realizing that cash in hand now is so very important. Major competitors in the structured settlement purchasing and factoring industry like Woodbridge Investments, JG Wentworth, and Peachtree Funding are giving people the pwer to tap into their liquid assets instead of waiting on a depreciative amount that will come in the future.

Categories: Structured Settlements.

Annuity Payments for Sale! Seniors cashing in on their investments the new trend.

When it comes to cashing in on investments, seniors coast to coast have invested wisely to be able to do just that. Selling Annuity payments in exchange for a large lump sum of cash a growing trend.

Traditionally, an annuity is paid into over time to provide a supplemental or primary source of income for retirement. What happens when 10, 20 , or even 30 years go by, and you are an active senior who doesn’t need the small periodic payments anymore and you are ready to take that dream vacation, or buy that summer home? You sell your annuity payments. At least that is what thousands of America’s active seniors are doing more and more every day.

Being retired no longer reflects a sedentary lifestyle, quite the contrary, modern retirement means mingling with friends and colleagues in hot spots around the globe, shopping, traveling, buying summer homes, playing golf, living the life.

Why not? They’ve worked hard to be able to enjoy the fruits of their labor. Being able to sell small periodic annuity payments for a large lump sum of cash now provides funding to make dreams reality.

When it comes to cashing in on investments, seniors coast to coast have invested wisely to be able to do just that. Selling Annuity payments in exchange for a large lump sum of cash a growing trend.Builders and land developers are further catering to the active “ADULT” crowd.

Fading, are the age old images, and inferences that retirement means sitting on your front porch. Communities are being built with world class golfing, fitness gyms, and social gathering venues to lure and entice this new generation of active senior living.

Companies who specialize in purchasing structured settlement and annuity payments, such as Woodbridge Investments or J.G. Wentworth, are seeing a significant increase of individuals in the 50-75 year old range selling their future payments for a lump sum now to use for immediate dreams or goals such as:

Dream Vacation
World Travel
Home renovation or Upgrade
Vacation Home
Capital Investment
College Graduation Gifts
Auto or Boat Purchase

Seniors are on the move in the air, on land, and at sea! Modern medicine and excellent health care in the US has forged a new generation of on -the -go active adult lifestyles.

Competition between companies who purchase annuity payments and structured settlement payments have made getting the most money possible for your future payments even easier. However, the best way to make sure is to shop around. Get several quotes. Ask questions.

What Questions should you ask when getting an appraisal or quote for your annuity payments?

Can you provide me with options? Example: What if I sell the first 5 years of payments versus the last 5 years?
Will they beat another offer?
Approximately how long will it take to get an offer in writing and to get my lump sum?
Can you sell payments if they are outside the guarantee period?
What if I already sold some of my payments before?
Are there any fees or charges? And if there are how are they paid and to whom?

What kind of information do you need to provide to a company that will buy your annuity payments?

How much are your payments? $500, $1000, $15000
How often do you receive your payments? Monthly, Quarterly, Twice a Year, Annually
How many payments do you have? How many are left? 5 Years, 10 Years, 20 Years, 30 Years, Lifetime

You will also need to give the company a copy of your benefits letter. If you do not have one, you can send a letter requesting a copy.

Typically all the legal paperwork and forms are handled by the Settlement and Annuity purchasing company. A court will review your transaction to make sure it is in your best interest and that it will not adversely affect you or any of your dependents.

You can expect the entire process to take anywhere from 60-120 days. The time frame depends on several factors including but not limited to what state you are in, how quickly you return the requested documents to the purchasing company, and how soon the court can review you case.

Getting a quote should not cost you anything, and there should never be any pressure for you to sell. Annuity payments and structured settlement payments are there for your intended benefit and it is a personal choice that only you and your family can make.

Evaluate your current financial needs and goals to determine if selling annuity payments for a lump sum now is going to serve you best. If you already have a financial planner, talk to them about potential benefits and tax implications that may be involved.

To learn more about how to sell structured settlement, annuity or lottery payments visit www.woodbridgeinvestments.com or call toll free 1-866-865-7044

Categories: Structured Settlements.

Resources that could save your home from foreclosure.

There are many resources you may not know you have–such as a 401K, Structured Settlement, Annuity, or Life insurance policy–that could save your home from foreclosure.

Foreclosure rates and statisitcs are scary, especially when you are a homeowner who is living paychack to paycheck.

1 out of every 200 homes will be foreclosed upon. For a city like Washington D.C., that translates to 3,000 Washingtonians losing their homes to foreclosure each year.
Every three months, 250,000 new families enter into foreclosure each year.
One child in every classroom in America is at risk of losing his/her home because their parents are unable to pay their mortgage.

Source: Mortage Bankers Association

Too many Americans do not realize the possible resources they may have at their disposal that could possibly save their home from foreclosure. Woodbridge Investments is here to help you understand how liquid assets are among some of the most powerful and yet unknown ways to use your money when you need it most.

Some of these resources include but are not limited to:

401K

You may be eligible for a “hardship withdrawal,” for those unexpected circumstances when you may need your money before retirement. According to IRS safe harbor regulations, your “hardship” must represent an “immediate and heavy financial need” and is necessary to satisfy the financial need. Also, there must not be “any other resources that are reasonably available,” to you to handle that financial need. The IRS has deemed the following four distribution reasons as representing an immediate and heavy financial need:

Certain medical expenses for you, your spouse or your dependents
Purchase of a primary residence (excluding mortgage payment)
Payments of certain post-secondary education expenses for the next year for you, your spouse or your dependents
To prevent eviction from or foreclosure on your primary home

Please be advised that if you take a hardship withdrawal from the plan following “safe harbor” rules, you may be suspended from making contributions to the plan for a minimum of six months. Some plans also allow hardship withdrawals for other reasons. Check with your benefits department. You will need to show your employer proof of how you intend to use the money, and proof that the amount you requested isn’t more than enough to satisfy your need.

Whole Life Insurance policy

With level premiums and the accumulation of cash values, whole life insurance can provide money later on to help with temporary needs or emergencies.

Unlike term life insurance, money you pay into your whole life policy accumulates as guaranteed cash values. If you choose to surrender the policy, these guaranteed cash values would be available to you. Or, as long as the policy is in force, you may borrow against them as a policy loan at the current policy loan interest rate.

Your guaranteed cash value depends on the kind of whole life policy you have, its size and how long you have had it. The growth in cash values is tax deferred under current federal income tax law. Borrowed amounts reduce the death benefit and cash surrender value.

Structured Settlement

Structured settlements can be inflexible and often are inadequate to deal with immediate financial needs or unplanned emergencies. United States Congress and most state governments have agreed that settlement victims have the right to sell their structured insurance settlement and receive money from insurance settlement in the way they see fit. Court approval is usually required to protect the beneficiary from an inappropriate sale and also to verify that the sale is in the victim’s best interest.

Selling your structured settlement or annuity for a lump sum can provide you with the cash you need now to save your home from foreclosure, and help you get back on track. It is your money, therefore it is not a loan that must be repaid. You can choose to sell all or some of your future payments. You can sell payments from a structured settlement even if you have sold previous payments, providing there are some remaining.

The size of your lump sum payment is partially determined by which payments you sell and the number of payments you sell. To find out how large a lump sum you may be entitled to you will need to obtaina quote from a company that will buy your structured settlement payments.

If you are looking to sell your structured settlement payments, or to find out how much cash your payments are worth, call Woodbridge Investments toll free 1-866-865-7044

You can also visit us on the web at www.woodbridgeinvestments.com and get a free appraisal online.

Categories: Annuity Payments, Articles, Blog, Buyer of Structured Settlement Payment, Cash Structured Settlements.