Boca Raton, FL (PRWEB) July 23, 2008
Woodbridge Investments, LLC, a leading purchaser of Structured Settlements and Lottery Payments announced today a record high in the second quarter of 2008. The reported increase is fueled by unprecedented customer demand by individuals seeking to liquidate assets for cash in attempt to acclimate and adjust to changes in the economy climate.
Vice President and Director of sales for Woodbridge, Scott Schwartz states, "Our clients are families and individuals, not unlike any other American who have felt the financial strains and debilitating impact of sudden drastic increases in the cost of fuel, energy, and inflation. Homeowners previously able to rely on equity, or available credit have been stripped of options resulting from the current economy, they are seeking ways to sell assets including but not limited to mortgage notes, lottery winnings, structured settlements, and more."
Schwartz continues to say that, "Woodbridge has been, and will continue to buy, and provide services to those individuals wishing to sell their assets for cash. We expect this trend of asset sales to continue well into the first quarter of 2009. About Woodbridge:
Woodbridge Investments and its predecessor companies have been purchasing Lottery Payments, Structured Settlements and other cash flows since 1993. Over a thousand individuals and families have relied on Woodbridge to realize a large lump sum from the sale of their long term payments.