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Archive for October 2, 2015

02
Oct

Why Selling Your Annuity to Pay Off Medical Debt is the Right Choice

Written by admin. Posted in Lump sum versus annuity, Settlement cash now

Selling fixed annuities

Selling your annuity payments is the perfect way to obtain a significant amount of cash very quickly. Even an “immediate” annuity will take 30 days or so to start paying, and then it will be a small fraction of the amount you’re entitled. Whether you’re selling a structured settlement won in a lawsuit or lottery payments in annuity, having the ability to get immediate cash can help you out of a lot of otherwise impossible situations.

Paying off medical debt is one of those situations that can be alleviated by selling your annuity and getting cash for your settlement. Besides