I think this series of informational pieces can be used to protect you, the seller, against unwarranted, unsubstantiated claims made by potential purchasers.
Richardson, TX (PRWEB) November 1, 2010
Beginning December 1, 2010, Bob Thompson will be releasing a series of four short papers outlining the legal requirements, legal restrictions, and pricing concepts associated with the sale of structured settlement payments.
Individuals considering the possibility of selling structured settlements or annuity payments often have trouble wading through the ocean of information that now floods the internet. A simple Google search on the term “sell my structured settlement payments” produces 277,000 results, mostly from companies ready to buy them whether or not the seller has a clue as to how that happens. In fact, the process is highly regulated and structured pursuant to state law. Sellers armed with a background into the legal standards have a much better chance of obtaining the fair market value of their future payments. The ideal purchaser is a company that takes time to explain the law, the pricing structure, and the time frame within which the legal transfer of future payment rights are finalized.
As the Founder of a specialty finance company started in 2003, Bob Thompson feels strongly that the best customer is an educated customer. “A company like ours works within an absolute legal framework. Sellers of structured settlement payments should understand that framework. They should know exactly what to expect upon deciding to sell an important part of their financial portfolio. There should never be surprises.” He went on to say, “I think this series of informational pieces can be used to protect you, the seller, against unwarranted, unsubstantiated claims made by potential purchasers.”
Thompson will publish a series of four, short papers that informally outline the selling process, concentrating primarily on what a purchaser must and should do for the seller. He will provide direct legal requirements as well as some pointers derived from his 13 plus years associated with the purchase and sale of structured settlement payments.
About Annuity Transfers, Ltd.
Annuity Transfers was instrumental in helping to shape the structured settlement factoring marketplace that exists today. Annuity Transfers is entering its eighth year of purchasing structured settlement annuity payments by combining the highest court approval rate in the industry and utilizing its own capital to close 100% of transactions within three days of court approval. Visit Annuity Transfers at http://www.annuitytransfers.com.
# # #