0
What else can I help you with?
Where can you learn more about cash settlements?
You can learn more about cash settlements on Wikipedia, or by talking to a lawyer, or someone else who is very knowledgeable on the subject. You could also try a textbook on law.
Where is a site online that I can learn more information about structured settlements?
These sites have information about structured settlements and how they work: http://www.expertlaw.com/library/personal_injury/structured_settlement.html AND http://www.structuredsettlements.org/
If I sell my structured settlement and invest the money can I make more money?
Your arrangement with the pay out company decides how much money you can make. There is risk involved in buying structured settlements so settlements are purchased for less than they are worth. How much less depends on the company. Inflation plays a big part in the worth of a structured settlement. Every time inflation goes up your settlement dispersements will be worth less. However, companies that buy structured settlements figure this into their buying price. For a good understanding of selling structured settlements go to Structured Settlement Guide.
Are cash settlements more or less common given a bad economy?
Cash settlements become more common as the economy worsens. All companies and individuals are looking to cut cost,avoiding costly litigation is one way to do so.
What are the drawbacks of going after a cash settlement?
A cash settlement is usually some type of lump sum payment offered to those who receive structured settlements. The drawbacks include low cash offers that prey on those who need cash now, and more of a tax burden when you take the lump sum option. Sometimes when you take a cash settlement versus timed payments, the total overall amount is decreased. Also, you will need to pay taxes all at once, which can be a hefty sum.
Why do we have numbers?
So we can count our cash and so you have more to learn in school.
Who came up with Cash Flow Notes and what are they used for?
Cash flow notes are legally-binding contracts which document the promise of the borrower to repay the lender. Currently, there are more than sixty types of cash flow notes. Some of the more common types include real estate, structured settlements, and business notes. Real estate cash flow notes are secured by real property such as a commercial building, residential house, mobile home, automobile, boat, or airplane. When real property is used to secure real estate notes, a mortgage or trust deed is added. Structured settlements are financial instruments used to compensate individuals who have been injured due to the negligence of an individual or organization. This type of cash flow note is secured using annuity payments typically paid to the recipient over an extended period of time. Business cash flow notes are secured by assets owned by the business. There are different types of business cash flow notes including: seller carry back notes, purchase order funding, and factoring.
Where can someone find more information on jg wentworth?
J.G. Wentworth is one of the nation‰Ûªs largest purchaser of future payments and structured settlements. More information can be found by visiting the company's website.
Guide To Cash Flow Notes?
You may have heard the term 'cash flow note' and have no idea what it means. In the most basic terminology, a cash flow note is essentially a legally binding contract that says a borrower must repay a lender. There are many types of cash flow notes. The most common ones include real estate notes and structured settlements. Usually, cash flow notes are secured by something. For example, a real estate note is secured by whatever property is on the note such a house or building. If the borrow defaults, the property can be seized. Cash flow notes can be bought and sold as well. For example, someone can sell their cash flow note for a flat rate instead of collecting money over a period of time. As a result cash flow notes are often hot items for real estate investors. Cash flow notes aren't just tied to real estate. Structured settlements are cash flow notes that cover a wide range of areas. If you receive compensation as a result of an injury from a person or company you will likely receive a structured settlement. This settlement is secured by insurance companies that pay you a certain amount of money each year over a designated period of time. This is the same theory that is applied to winning the lottery. If you win $100 million in the lottery, you can choose to receive annual payments or a lump sum payment. A lump sum payment is typically a small percentage of what you would get if you followed through on the annuity plan. Structured settlements are geared toward long term financial compensation. Like real estate cash flow notes, structured settlements can also be bought and sold. Another common form of cash flow notes is account factoring. In this case, a company sells its invoices to a factoring company in order to be paid immediately. The customer is then billed through the factoring company. In this case, the credit of the customers is more important than that of a business. Cash flow notes may seem confusing because there are so many types. The principle in all of them is the same though. It is a contract between a creditor and debtor or a buyer and seller that promises payment over time. Cash flow notes can be bought by investors or other entities that in turn provide the recipient with a lump sum payment. They then possess the cash flow note and are afforded the same security as the initial person on that note.
What is structured settlement factoring?
If you are receiving payments from an annuity or a personal injury claim you may be able to get a structured settlement. Basically you are given a lump sum in exchange for the monthly payments you would have received. For some people who need quick cash this can be valuable. However, you will be loosing a large portion of the value by doing so. Structured settlement factoring is the process of selling of selling some or all of a portion of future settlements payments for a lump sum payment today. This means you have to be presently receiving a structured settlement payment in order to engage in this type of transaction. People use this type of transaction if they have a short-term liability that requires much more money than what they can cover with the periodic structured payment.
Does the BBB provide info on companies that offer money for settlements?
Yes, the Better Business Bureau does provide information on law firms and groups which offer or help in receiving of money for settlements. Visit www.bbb.org to learn more.
What is the definition of a cash payment?
The definition of a cash payment is a form of liquid funds that is given by a consumer to service and goods providers in return for receiving them. You can learn more about cash payment at the Business Dictionary website.
