Life can really be a grind sometimes, and it seems like the bills just never stop coming in the mail. Often times, a person’s financial situation can spiral out of control in an instant, and debt can mount quicker than one may expect.
If you have a structured settlement, you can escape this daily grind and get cash for your settlement in the form of a huge lump sum. When you access your settlement cash now, you have the unique ability to pay off debt before it grows too large and still have some money left over for unexpected expenses.
Settlement recipients also have the option to get pre-settlement funding if their litigation has not yet been resolved, which a settlement expert can help you with. There is truly no better quick cash option than getting cash for your settlement, and you can finally live the life you’ve always wanted. Here are just a few ways that you can escape the financial rat race by selling your structured settlement:
- Get rid of your debt. Over 40% of American families spend more than they earn, which often translates into mounting debt that eventually becomes inescapable. If you feel as if your debt has gotten out of control, you need to get cash for your settlement and eliminate it in one fell swoop. While the economy is improving, there is no guarantee that things will ever get back to how they once were. As a settlement recipient, you are in the position to get cash for your settlement and start with a fresh slate.
- Get some money in the bank. You never truly know what life is going to throw at you, and unexpected expenses impossible to plan for. About 62% of Americans cannot cover these unexpected expenses, which holds them back from living a fulfilling life. When you get cash for your settlement, you can eliminate debt while also having some money left over to put in the bank and prepare for the future responsibly.
- Get the money you deserve. If you’re still receiving fixed payments, there’s a good chance that was not your idea to begin with. Often times, settlement recipients are forced to accept fixed payments that are paid out over decades. In a recent American International Group (AIG) survey, 65% of people said that they would rather have a lump sum payment instead of structured payments. If you want your money now instead of letting the courts decide when you get it, you need to sell your settlement for a huge lump sum.
You have a lot of great opportunities as a settlement recipients, and selling it for a lump sum is chief among them. Talk to a settlement expert to get a quote on your structured settlement and start improving your quality of life.