Friday, December 30, 2011

Structured Settlements

Money is always tight these days so as much as possible try to avoid situations wherein you pay ample amount of money due to negligence or carelessness because it can truly break your wallet, I tell you! Lucky you if you are the one receiving structured settlement payments. A structured settlement by the way is a financial or insurance arrangement, defined by Internal Revenue Code as periodic payments; a claimant accepts to resolve a personal injury tort claim or to compromise a statutory periodic payment obligation. Structured settlements were first utilized in Canada then became popular in the US in the 70's as an alternative to lump sum settlements.

A company called Solid Funding is one of the top structured settlement funding companies in the United States. They have accomplished this by compiling investors from all of the world to providing their clients the lowest discount rates in the industry.

No comments:


Related Posts Plugin for WordPress, Blogger...