by Structured Settlement Watchdog
Selling your structured settlement payments is a pennies on the dollar money loser. You will never get all of your money if you enter into a deal with a buyer of structured settlement payments. That has hasn't stopped Eastern Note Capital from Lincolnton, North Carolina, from blowing a little Smoky Mountain up your hind quarters, by asking in a free classified ad posted November 19, 2019, "wouldn't it be nice to get it all at once?" when that's something that they, or any other buyer would never be able to deliver.
Eastern Note Capital Clueless About How Structured Settlements Are Established
A settlement is not court awarded. It is not an award, period. A settlement is the result of a compromise between litigating parties and is part of the consideration paid by the Defendant or its insure for the release of claims against it.
"Court Awarded Structured Settlements and Annuities are income streams paid by a life insurance company to compensate an injured individual as the result of a personal injury lawsuit, medical malpractice suit, wrongful death suit or any other type of liability settlement. As a result of injury or wrongful death, plaintiffs are commonly awarded very large settlements. Rather than receiving the settlement in a lump sum, however, the injured party most commonly receives the money as monthly installments in the form of an annuity".
It's hard to have faith in a structured settlement factoring company that hasn't got the fundamentals down, when you have to take the regrettable step of selling away your future payments at a massive loss.
Selling Your Structured Settlement | The Road to Ruin Starts with that First Drag and Ends with the Butt, a warning from the "Sturgeon General".