A structured settlement is when money is essentially when money owed from a legal settlement is paid out through periodic payments (ex. Monthly payments). For example, if someone injures you or if you are a victim of medical malpractice, then you can claim a legal settlement from the person who caused this to you. Since the money may be difficult to shell out in one go, he or she may be asked to settle payments over a given period in time.
While this may not be appealing at first, it is actually not too bad of a deal as you can pay your bills using that money. It is, in fact, more beneficial than a lump sum as it prevents you from spending money too quickly and it takes away the fact that you will need to pay off taxes with the large amount of money received.
However, some people may need the money right away for various reasons. For example, you may need the money to pay off a student loan or use it for a medical emergency. Unfortunately, there are unexpected situations that come up that may require full payment or faster payment than others. If you are going through such a case, then it is best to ask for a lump sum to help rid you of your problems. A lump sum payment will be made to you through a structured settlement company – this type of company will provide you with a structured settlement as soon as possible while your payer pays them as per the given schedule.
In this article, we will discuss some of the best structured settlement companies in 2017. Needless to say, it is important to have a good structured settlement company backing you to help you out financially. As mentioned above, there are situations that happen unexpectedly. If you go through such, then make sure to contact one of the following companies to help you get through with no difficulty.
(1) Fairfield Funding
This company is rated as A+ and they pay the necessary notary, court, legal, processing, and bank fees. And the best part is, out of all of the companies, this company has the least processing time with forty five (45) days at most to process your request.
(2) J.G Wentworth
J.G Wentworth gets an A+ with regard to its better business bureau score – for good reason, too. The company is known to be one of the largest buyers for structured settlements and offers a variety of other financial services.
(3) Strategic Capital
They boast of a quick processing time. Hence, if you need the money as soon as possible, you may want to put Strategic Capital at the top of your list. They have streamlined the process in such a way that you can receive payments in as little as eighteen (18) days. Can you believe it?
(4) Peachtree Financial Solutions
With an A+ company, what can really go wrong? While their processing time is a little longer than the others with sixty (60) to ninety (90) days, you can trust that they will provide you with just what you are looking for.
(5) Seneca One Finance
While the company does not have any processing or legal fees, they may cut off a percentage of your settlement depending on how much the amount is. According to reviews, Seneca One has excellent customer service – one of the best in the industry, actually.
So, there you have just some of the best structured settlement companies. We cover more at structuredsettlement.us.com. Do not worry as to which company is best for you, just keep your options open and make sure to ask them for necessary quotations and other options in which you can receive money in a quick and easy manner. Most importantly, make sure to give them a good reason as to why they should help you. You can also learn more at https://www.dol.gov/owcp/dlhwc/SettlementsandCommutations.htm.
Don’t just deal with any structured settlement companies you find online. We help you pick the best one for you at structuredsettlement.us.com.