Kudos to a factoring company thought leader Andrew Cravenho who writes a responsible post that defends the value of structured settlements in the current environment and makes for a pleasant diversion from the "cash now pushers" that employ "the trickling payments vs big lump sum" deception on tort victim consumers.
Some poignant quotes from Cravenho's post:
"Cashing out a structured settlement eliminates the tax-free guaranteed payment stream that you and your family may receive on a monthly, annual, or semi-annual basis". (note other structured settlement payment streams are also possible
"With the diminishing state of the stock market and the collapsing housing market, it would be a wise investment to keep the guaranteed payment stream of a structured settlement intact. Experts predict that the housing market will continue to spiral out of control for the next few years. Creating an investment portfolio from the sale of a structured settlement could create disaster for you and your family".
"In this author’s (Cravenho's) opinion, a smart investment can mean not investing at all".