Thursday, February 21, 2008

What is Structured Settlement?

Have you heard about Structured Settlement? What are they? OK, structured settlements are financial products that can allow anyone (provided you are qualified) a guaranteed income over a fixed period of time. For example, a person that had been hurt at his workplace can get a structured settlement, which means a series of monetary compensation for a fixed period of time. But because the person needed a lump sum amount of money for whatever reason, then one option he can do is to sell structured settlement payments for up-front money.

Another example is annuities which give you payments over time are also a Structured Settlements payments and you can also sell this for up-front money. Another are lottery winners, they can choose either a structured settlement payments or a lump sum option. Those that have opted for structured settlement payments can sell this also for up-front money. If you want to know more about structured settlement payments for up-front money, then there is Stone Street Capital that can offer you many customized, flexible options to convert future payments into immediate lump sum cash.