2010 was a great year for most structured settlement factoring companies. Record low rates created attractive propositions for annuitants, a struggling economy was a catalyst for more annuitants to sell their annuities, and ample investor funds supported the influx of cases. It was the perfect storm for many of the companies within the industry.
Towards the end of 2011, some structured settlement factoring companies could see their demise.
Below are 5 predictions for the structured settlement factoring industry for the upcoming year.
- Several structured settlement factoring companies will go out of business.
- Courts will deny more transfers.
- Legislation will become stricter.
- Institutional money will be favored over private money.
- Rates will increase, structured settlements will be worth less.
