Structured settlements are granted to, in most cases, people from personal injury or product liability cases. They are scheduled payments intended to cover for financial obligations such as medical and legal expenses. What happens, though, when something unexpected comes up? That is, what can a structured settlement annuitant do when they suddenly need more money than their structured settlement payments can cover?
Fortunately, there is a solution. AnFed Bank provides flexible options for annuitants to sell structured settlement payments. With years of experience in the structured settlement industry, AnFed Bank representatives understand their clients’ needs with a level of compassion unmatched by other institutions.
For instance, annuitants can choose to sell all or just part of their structured settlement. This is especially useful if the financial need is only imminent and not long lasting. The annuitant can still reserve their future payments for when they are due. What’s more, AnFed Bank can even provide cash advances when annuitants cash out structured settlement payments. In some cases, they can have their cash in as little as a few days after signing.
AnFed Bank does not charge hidden fees or closing costs. Nor do structured settlement annuitants need to pay tax on the lump sum they receive for payments. AnFed Bank representatives can be reached at (855) 263 3348 to help determine the most value for your structured settlement.