“Requiring the funder to provide details removes any mystery related to the exact funding date.
Richardson, TX (PRWEB) June 25, 2011
Annuity Transfers, Ltd. recently released the final installment in their series of articles designed to educate sellers of structured settlements. The latest article is titled Closing the Deal: “I Want My Cash Now!” In this final installment, Annuity Transfers Ltd.’s founder, Bob Thompson, explains the process and timetable associated with receiving payment from the sale of a structured settlement.
Contrary to the popular marketing mantra of “I want my cash now”; the closing or actual payment from the sale of a structured settlement is often, in reality, “as soon as possible” rather than “now”. However, the date of payment and other pertinent information should be easily understood by the seller and should always be outlined in the contract documents. Mr. Thompson writes “Sellers should always expect more than “ASAP”. The funding process should be easily understood and include a specific time frame, pending completion of all documented funding requirements.”
In an interview for this release Mr. Thompson noted “Requiring the funder to provide details removes any mystery related to the exact funding date.”
About Annuity Transfers, Ltd.
Annuity Transfers, established in 2003, purchases 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.