structured settlement payment

Upon reaching a structured settlement agreement, a structured settlement payment arrangement is established with a third party company experienced in this area. The payment arrangement is usually setup to be paid out monthly for a set amount.

These structured settlement payments may not be enough during financial hardship. That is why an option is available to sell some of the payments to a lender. American Settlement Fund has established relationships with several lenders across the country and is able to acquire funding for you quickly and efficiently. The lending company will give you a lump sum payment agreed upon based on the amount of the structured settlement payments you want to sell minus a small processing fee.

By federal law you are required to get court approval to buy or sell a settlement disbursement. If you fail to do this heavy taxes are imposed. Many state laws now require court approval as well. Generally, before anyone can sell (or transfer) the settlement payment rights, a court must find that the transaction is in the consumer's "best interests." American Settlement Fund will verify all paperwork is in order to get cash for the sale of payments as soon as possible.

A New Law, H.R. 2884 allows you to sell your structured settlement payments with no adverse tax consequences!

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