Clayton Frantz
Clayton Frantz writes for Quote Me A Price.com (QMAP). Simply put, QMAP provides a better way to sell a Structured Settlement. They have Top-Rated factoring companies, who provide Annuity and Structured Settlement Buyouts. If you are shopping for a buyout, you can Register For FREE at http://www.QuoteMeAPrice.com. QMAP will ensure that you get the best possible price for your buyout. http://www.QuoteMeAPrice.com
Articles by this Author
Structured settlements were introduced in Canada and the United States in the 1970's. They were introduced as an alternative to lump sum payments, common in insurance settlements and lottery winnings. In the decades since, they have also been accepted as legal financial instruments in England and Australia.
The aforementioned common law countries have decided to include structured settlements in their statutory tort laws.
The aforementioned common law countries have decided to include structured settlements in their statutory tort laws.
Annuity buybacks normally occur when a specialty finance company offers a lump sum cash payment in return for previously purchased annuity payments.
Major annuity providers are now beginning to offer buybacks as a way to compete for customers wanting to cash out annuities. Annuity providers are not only buying back personal annuities, but also structured settlement payments that they previously sold to customers.
Major annuity providers are now beginning to offer buybacks as a way to compete for customers wanting to cash out annuities. Annuity providers are not only buying back personal annuities, but also structured settlement payments that they previously sold to customers.