Get Fast Structured Settlement Cash in Miami FL | Cox Financial

Get Fast Structured Settlement Cash in Miami FL

WHAT IS A STRUCTURED SETTLEMENT?

A structured settlement is a form of annuity which pays out lawsuit rewards in the form of regular and/or future lump sum payments over time.  For example, if you’ve won a civil lawsuit as a result of a tort claim, wrongful death, personal injury, product liability, or medical malpractice case, a structured settlement will pay you periodic payments over time instead of a single lump sum payment.

Structured settlements are different from pre-settlement funding. For Miami pre-settlement funding / lawsuit loans go here.

 

SELLING STRUCTURED SETTLEMENT PAYMENTS – CAN I SELL MY STRUCTURED SETTLEMENT

According to the structured settlement transfer laws in Florida, you have the right to sell your structured settlement payments in exchange for a lump sum of cash.  In doing so, you want to work with a company who’s ethical and abides by the Florida structured settlement transfer statute so there are no issues during the process.

The process of selling structured settlements involves getting approval from a judge in a courthouse in your local jurisdiction.  Depending on the structured settlement laws in your state, you may be required to seek professional advice and appear at the hearing in person.  The whole process can take 45 – 90 days, depending on the calendar and laws in your state.  For more information on the structured settlement laws in your state, check out State Laws.

 

UNDERSTANDING THE VALUE OF YOUR STRUCTURED SETTLEMENT

Selling payments from your structured settlement or annuity to get a lump sum of cash can be intimidating and confusing.  You really may not understand how a lump sum offer is calculated or why your offer from settlement funding companies vastly different (Cox Financial guarantees more cash than any other company and is the top settlement funding provider in south Florida including: Miami FL, Ft Lauderdale, Boca Raton and West Palm Beach FL).  On top of that, a few other questions may come to your mind, like:

  • Am I really getting a fair lump sum offer?
  • Why has my lump sum offer decreased/increased over time?
  • Should I use all of my future payments or only some of my future payments to get a lump sum of cash?
  • Is this the right time for me to get a lump sum of cash?

 

Wouldn’t it be helpful if you understood the answers to some of these questions?  Not only will you feel more confident when you need to get a lump sum of cash from your annuity, but you will feel confident that you’re getting a fair offer.  Hopefully, we make understanding the answers to these questions a lot easier.

 

How can you learn the current cash value of your annuity or settlement?

If you want to learn the current cash value of your structured settlement, call Cox Financial or create a free account.  We are #1 at keeping you informed of the current cash value of your structured settlement.

Why has your cash offer has decreased or increased over time?

You probably didn’t know that the value of your settlement or annuity changes over time, depending on how it’s structured.  This can play an important role in how you plan for your future.  Cox Financial can automatically keep you informed of the present cash value of your future payments.  Understanding the current cash value of your structured settlement or annuity can help you make important life decisions, like:

  • Will I be able to get the cash I need to continue my education 4 years from now;
  • Will I be able to get enough cash from my annuity to use as a down payment on a home in a few years;
  • In a few years, will I be able to get a lump sum large enough to start my business;

 

Should I cash in all of my future payments or some of my future payments?

We cannot answer this question for you.  It really depends on how much cash you need and what you need the cash for.  Whatever the reason for getting cash, please be sure that you invest your money wisely and use it to build your future or improve your quality of life.

What we can help you with is determining how much some or all of your future payments are worth today.

Sometimes, structured settlements are constructed such that you have a guaranteed payments (payments that are guaranteed to be paid to your beneficiary if you are deceased before the payments become due) and life contingent payments (payments that are not paid to your beneficiary if you are deceased).  You can sell both guaranteed payments and life contingent payments in exchange for a lump sum of cash.  However, selling life contingent payments may require that you are covered with a life insurance policy.

When you call us or create a free account, you can find out today’s cash value of all or some of your future payments.  This way, we can structure a deal that works best for your lifestyle right now.  For example, you may be receiving monthly payments but you also have future lump sum payments as part of your structured settlement.  If your monthly payments are used to pay bills, you can sell your future lump payments to get the lump sum you need without disrupting your current budget or lifestyle.

 

Call today or create a free account to stay informed of the current cash value of your structured settlement or annuity.  It’s very easy.

 

1-877-540-1042

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