Day: July 3, 2019

Companies Can Still Buy Structured Settlement Payments Part IOriginally Posted on December 30, 2014 and reposted on July 3, 2019

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 their website. […]

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The post Companies Can Still Buy Structured Settlement Payments Part I<span class="entry-meta">Originally Posted on December 30, 2014 and reposted on July 3, 2019</span> appeared first on Structured Settlement Expert.