Selling Structured Settlements pros/cons

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Pathos
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Selling Structured Settlements pros/cons

Postby Pathos » Tue Jul 17, 2012 1:12 pm

What are the pros and cons of selling a structured settlement?
What are the tax implications?
What is the percentage you usually pay to get your money now?

stannius
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Re: Selling Structured Settlements pros/cons

Postby stannius » Wed Jul 18, 2012 9:54 am

If you have a structured settlement and you need cash now,
Call <redacted> 1-800-CASHNOW

...
I suspect structured settlement buyouts are a pretty bad deal. I suspect that because it seems to me that anybody who "needs cash now" is probably in some kind of desperate situation, and as such in a position to be taken for a ride.

Sukantha
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Re: Selling Structured Settlements pros/cons

Postby Sukantha » Sun Sep 22, 2013 12:29 am

In a nice and looking for this product/service and I discovered this one [SPAM REMOVED]. I am unclear to the quality or the foundation of most of the offering. Has anyone have searched right into this before? If you have almost every choices you know are worth made the effort to view, please post them right. Cheers!

collins
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Re: Selling Structured Settlements pros/cons

Postby collins » Sat Dec 07, 2013 9:29 pm

Before sell a structured settlement you need to know about the rules of selling your structured settlement. Is your state allowing you to sell your structured settlement or not.
In some cases, selling a structured settlement is good if you need some urgent money to pay your needs. Otherwise it is wise to keep coming structured settlement payment monthly, quarterly or yearly. Because these payments are tax free.

[post preemptively locked to prevent future inclusion of spam]

stannius
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Re: Selling Structured Settlements pros/cons

Postby stannius » Mon Dec 09, 2013 11:35 am

Honeypot FTW!
Honeypot FTW!

bpgui
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Re: Selling Structured Settlements pros/cons

Postby bpgui » Mon Dec 09, 2013 2:34 pm

stannius wrote:Honeypot FTW!
Honeypot FTW!

I've seen you say this a few times... what does it mean?

DoingHomework
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Re: Selling Structured Settlements pros/cons

Postby DoingHomework » Mon Dec 09, 2013 2:38 pm

bpgui wrote:
stannius wrote:Honeypot FTW!
Honeypot FTW!

I've seen you say this a few times... what does it mean?


For the Win?

bpgui
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Re: Selling Structured Settlements pros/cons

Postby bpgui » Mon Dec 09, 2013 2:43 pm

DoingHomework wrote:
bpgui wrote:
stannius wrote:Honeypot FTW!
Honeypot FTW!

I've seen you say this a few times... what does it mean?


For the Win?

Actually I was referring to the "honeypot" part mainly, but in connection with "for the win" as well.

DoingHomework
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Re: Selling Structured Settlements pros/cons

Postby DoingHomework » Mon Dec 09, 2013 3:00 pm

bpgui wrote:Actually I was referring to the "honeypot" part mainly, but in connection with "for the win" as well.


Maybe Stannius will explain. I always took it to mean that he recognized the post as too attractive to pass up inserting a spam link into - a honeypot that is there to attract those who are out to post spam.

stannius
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Re: Selling Structured Settlements pros/cons

Postby stannius » Mon Dec 09, 2013 3:07 pm

Only twice if board search is to be believed.

Honeypot: a trap designed to collect spammers, bots, and other bad actors on the internet. The third time a spammer necro's a thread to add their own spam link, it seems to me it's starting to be a relatively effective honeypot. (Though plenty of spam still gets posted in its own thread or in replies to "real" threads.)

FTW - For The Win. "Originated from the game show Hollywood Squares where the result of the player's response is expected to win the game," apparently.

Necro - responding to a years-old message board post/thread, causing it to reappear at the top of the board index.


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