Selling Personal Injury Payments

In What Situations Do People Sell Personal Injury and Other Types of Structured Settlement Payments?

If you are looking to sell your personal injury structured settlement payments, or any other form of future income, to meet current financial needs or to take full advantage of investment opportunities, we can provide you with the cash you need. Because life is unpredictable, you may find that a lump sum of cash would meet your needs more effectively than would monthly or yearly payments as part of a structured settlement. Selling structured settlement payments provides the cash you need, when you need it!

To learn more about the services we provide, or if you are interested in selling your personal injury structured settlement payments, or other type of future income, contact Structured Settlement Investments today.

Case Study: Selling Personal Injury Structured Settlement Payments

Consider the example of Jim*, who worked in construction. A reliable, hard worker, Jim had good career prospects for the future. He always held up his end of a contract. Unfortunately, Jim’s company did not. The company Jim worked for hadn't inspected the elevator at a work site. The elevator cable gave out. Jim fell two stories, badly injuring his back. It took Jim a long time to realize how badly he was hurt. Meanwhile, his company's doctor encouraged him to go back to work before he was fully healed.

Months later, Jim still couldn't do his job. He sued his company, and was awarded what he thought was a good settlement: a schedule of structured payments paid over a 10-year period. Jim went back to school and got another job. He likes what he does, but it doesn't pay as much as construction and it will take a couple of years for him to get the experience he needs to move up in his new career.

Jim’s wife recently gave birth to their third child. The family needed to move into a bigger house. The last thing he wanted to do was go back to court, but Jim and his wife had planned their family around the income from his construction job. Then, Jim learned that although he could not renegotiate the amount or schedule of his structured settlement, there was a way he could receive more money up front from the settlement. He discovered that he could sell his personal injury structured settlement payments to meet his family's financial needs.

"A lawyer had told me it was illegal to sell my settlement, but I found out my company's insurance company was one of their clients!" Jim says. "A buddy of mine knew someone in the same situation as me: hurt on the job, and stuck with a lot of small payments that wouldn't really help him get where he needed to go. So he decided to sell his settlement, and it really seemed to work."

Jim asked around, and found out that not only could he get his money right away, but also that with inflation the lump sum he'd receive by selling his personal injury structured settlement payments would be about the same as what he'd get waiting for the smaller checks to come in every month. After selling his settlement, Jim put down a down payment on the house his family needed.

Now Jim and his family have moved in, and Jim is able to make ends meet with the salary from his new job. "Things are not quite back to normal," Jim says. "It's been hard getting used to an office job, and I still miss my old career. My injury was a real bump in the road, but the money I got for my settlement really helped me get my life back on track."

*Name changed for privacy.

Contact Structured Settlement Investments

If you would like to learn more about our services, and if your financial circumstances would improve as a result of selling your personal injury structured settlement payments, or other form of future income, contact Structured Settlement Investments today.