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Companies Can Still Buy Structured Settlement Payments Part I
Buy Structured Settlements Companies Can Still Buy Structured Settlement Payments Part I As much as legislation has helped claimants sell their structured settlement, some stiff restrictions still remain. For instance, you cannot use your settlement as collateral for a loan. Your settlement benefits are given to you on an income tax-free basis by the authority of Federal law. If you need a loan, your next move would be to consider selling all or some of your benefits. Associations like the National Structured Settlement Trade Association (NSSTA) frown upon the resale of structured settlements; they even discourage it openly on […]