Friday, November 19, 2010

Structured settlement payments

If you agreed to sell structured settlement payments, it is likely that you have a sense of relief that would be your financial uncertainties felt resolved, and that you have the means to pay your bills, support your family and go with your life. If you agreed to the terms of the settlement, hopefully with the help of a financial advisor, one accepts a number of financial payments that made sense to you at this time. You may wish injury suffered in a car or other accident, you were awarded damages in a product liability case, or you were the victim of medical malpractice or were even the plaintiff in a suit resulting in death. They agreed on a periodic (usually monthly) payment, perhaps in the form of a lifetime source of income, which may be the answer to paying your living costs and perhaps also seemed your medical costs. They have the best decisions you could at the time, with the information you have - on the basis of how life was then, and what you expect for the future. But life rarely works the way we expect.

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