| LIFE SETTLEMENTS |
The Life Settlement is a relatively new secondary market that has developed for the
purchase of life insurance policies. In the past, these viatical settlements were
primarily only offered to the terminally ill where doctors were willing to certify that
they would probably pass away in two years or less. Now, however, the rules are much
more lenient and there are many legitimate situations where these life settlements
can be wise financial decisions.
So what is a life settlement? Basically, a life settlement gives a policy owner an
immediate cash settlement in excess of the current cash surrender value of their policy.
It is especially valuable for poor performing life policies and in many cases can be a desirable
alternative to:
- A 1035 Exchange
- Surrendering a Life Policy
- Letting a Life Policy Lapse
If you would like to see some actual case histories where this was the perfect
financial answer click on the bar below.
Obviously, since the funding source is purchasing the life insurance policy, they need to make
a judgement on the life expectancy of the policy holder so age and medical condition
are still relevant but the rules are not nearly as stringent.
Life Settlements
- For more general information on the purchase of your Life Insurance Policy
Frequently Asked Questions
- For Frequently Asked Questions
Submittal Form
- For online submittal to determine elibibility and to request a free appraisal on the value of your life insurance policy.
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| LAWSUIT PRE-SETTLEMENT CASH |
Pre-Settlement Funding is
designed for those cases where you are a plaintiff in a case and are suffering
financial hardship directly as a result of the damage brought
about by the case---normally a personal injury case although
many other types of cases are also covered (See
Frequently Asked Questions). The most
common use is to avoid foreclosure or eviction from a home
or repossession of a car. Often these hardships can put pressure on you and your attorney
to push for an early settlement even though you both may know that extending
the negotiations would very likely result in a higher cash settlement. This funding can shift the balance of power and the advantage
of time to your side.
This funding is "non-recourse" meaning that you only have to pay it back
if you win the case and you therefore have no obligation if you lose the case.
This funding can be also be used for those times when you have an initial
judgement but the case is being appealed by the defendant.
It can also be very useful to the attorney in those cases
where funding is needed for expert witness testimony or research.
Lawsuit Financing
- For more general information on the lawsuit financing
Frequently Asked Questions
- For Frequently Asked Questions
Submittal Form
- For online submittal to determine elibibility and to request a free estimate of the
amount of funding you may qualify for.
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| STRUCTURED SETTLEMENTS |
Structured Settlements are created when a Plaintiff
wins a court case, usually for personal injury sustained, and agrees to accept
the settlement of the case in periodic payments into the future rather than as
a lump sum payment. The payments are usually made by insurance companies.
In most states, we can often purchase those future monthly payments now if your situation has changed
and you need immediate cash.
The industry has changed significantly in the last few years and legislation
at both the state and federal level has created protection to both the seller
of the structured settlement payments and the insurance companies who will be
transferring those payments to the buyers of the settlement. The process does
involve going back to the court to get permission to transfer the payments but
our funding sources handle hundreds of these cases and know exactly how to get
that done and will guide you through the process.
Structured Settlements
- For more general information on the subject of obtaining cash now for your
future structured settlement payments
Frequently Asked Questions
- For Frequently Asked Questions
Submittal Form
- For online submittal to determine elibibility and to request a free quote on how much
you may be qualified to receive.
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| OTHER CASH FUNDING PROGRAMS |
Business Notes
Very often, in the process of selling a business
, the owner has to take back a note for all or a portion
of the price paid to cover his equity position. We can get cash now for those notes
that have been "seasoned" with at least six months, and preferably
a year, of timely payments.
Business Notes
- For more general information on Business Notes
Submittal Form
- For online submittal to request a free quote on the value of your note.
Early Inheritance Funding
This funding program is designed for those
people who have a ligitimate claim on an inheritance but have a
reason for cash now for personal reasons and want to avoid the long delays of probate. A cash
advance can also be made to beneficiaries of a trust as long as the beneficiary
is scheduled to receive the advance within three years.
The funding of the cash advance is made regardless of an applicants credit status,
employment or income history.
The average time to
fund is typically only one to two weeks from the time the
paperwork is received and cash advances are generally available
for amounts from $5,000 to $100,000.
Inheritance Advances
- For more general information on how to obtain an advance on your inheritance while it
is stuck in probate.
Frequently Asked Questions
- For Frequently Asked Questions
Submittal Form
- For online submittal to determine elibibility and to request a free quote on how much
you may be qualified to receive.
Other Notes on Large Assets
Any note on a large asset with
a recognizable value can be turned into cash now. Examples in
this category would include airplanes, boats or RVs or even in
some cases collectibles or pieces of fine art.
For more information and a free quote
Click Here.
Royalty Payments
Entitlements to future royalty payments
can also be turned into cash now. The most common examples of
these come from the entertainment industry where it is common practice
for the better known names to receive a portion of their pay from the future revenues of
a production as a movie works its way from the initial window in
the theaters to free TV at the end. Another common form of royalty
contracts is on minerals or stone reserves which can often be
extended for decades.
Click Here for more information and a free quote.
Government Farm Payments
If you are a farmer with capital needs for
equipment or other uses and are receiving payments from the federal
government either as a holder of a farm production flexibility contract
or the recipient of conservation reserve payments we can help. We can get
you cash now for those future payments.
If you would like more information please go to our
Government Payments page or
Click Here to submit an online request for a determination
of eligibility and a quote on the amount you may qualify to receive.
Lottery and Prize Winnings
If you took a monthly payment option from
a lottery winning number or are receiving monthly payments from casino
winnings or any other prize you can sell all or a portion of those payments
for cash now.
Lotteries and Prizes
- For more general information on how to obtain cash now for
your future lottery or prize payments.
Frequently Asked Questions
- For Frequently Asked Questions
Submittal Form
- For online submittal to determine elibibility and to request a free quote on how much
you may be qualified to receive.
Lease Arrangements
Any long term lease on an asset
with a demonstratable market value can be turned into cash now
either in whole or in partial amounts. A current example of this
form of cash flow are the cellular tower leases that have sprung
up all over the United States over the last two decades.
For more information go to
Other Assets and for a free quote
Click Here
Pension or Retirement Payments
In some cases, we can provide cash for eight years of
future pension payments.
This is especially useful for senior citizens that have
adequate current income from other sources and would like some cash now to purchase or
do something while they still have time to enjoy it.
The other group of people that frequently use this service are those that have
retired from military or government positions at a relatively young
age and have lucrative second jobs but would like to have more cash now
for current needs.
Pension Payments
- For more general information on how to obtain cash for your
future pension payments.
Frequently Asked Questions
- For Frequently Asked Questions
Submittal Form
- For online submittal to determine elibibility and to request a free quote on how much
you may be qualified to receive.
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You can turn those future monthly payments into cash now, when you really need it.