Reasons to Buy Structured Settlements
To buy structured settlements, you need to first understand what they are and how their purchase would be of any benefit to you. Structured settlements are arrangements which are either financial or insurance in nature. The person or party which is claiming agrees to resolve the claim for a personal injury. They may also choose in structured settlements, to mutually compromise on an obligation which requires them to make some payment every month.
This way, when a company or individual causes you harm that is permanent, they are required by law to compensate you in the monetary sense. This is usually done over a period of time and not just once with the entire amount. The benefit of receiving the money in installments is that as the name suggests, when you buy structured settlements, the installments are effectively structured in such a way as to suit you and the situation that you are in as well as to protect you from inflation as much as possible.
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Source: http://www.shadowcell.org/business-finance/loans-mortgages/reasons-to-buy-structured-settlements
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