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I have a quick question and am wondering if anyone can help wth an answer. i have a long term settlement set over a course of 10 years. It pays

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Old 02-02-2010, 03:14 PM   #1 (permalink)
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Default Random quick question

I have a quick question and am wondering if anyone can help wth an answer. i have a long term settlement set over a course of 10 years. It pays monthly but not a very large amount. I have seen commercials and companies that offer a "lump sum" of cash in exchange for the long term settlement. Sounds nice to me and can give me the cash all at once, but obviously there are fees and stuff and i will not receive the full amount. Just curious if anyone knows the rough charges there may be, A good company to go through (only know of JGWentworth),and the process of it? Thanks for any input!!!
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Old 02-02-2010, 07:16 PM   #2 (permalink)
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dont do it.

You will lose lots of dough
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Old 02-02-2010, 07:33 PM   #3 (permalink)
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Quote:
Originally Posted by topcarbon View Post
dont do it.

You will lose lots of dough
I would bank that money on the side!
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Old 02-02-2010, 08:55 PM   #4 (permalink)
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AFAIK the lump sum they offer you is about 50%.
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Old 02-02-2010, 09:05 PM   #5 (permalink)
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Yeap, looks nice but you will lose a LOT of money!
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Old 02-03-2010, 02:54 AM   #6 (permalink)
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Asked Around with some other people and got the same response..lol. Thanks a lot for the answers!! Imma Just bank it on the side like said above..haha.
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