RT Clarion - шаблон joomla Форекс
Structured Settlement Quotes
El Numero 1 de América en Liquidaciones Estructuradas y Mercado de Anualidades
1-888-562-1268
Llame a nuestros
Expertos

 

BBBPlus span

  1.  
    1
    2
    3
     
 
Por favor, introduzca su nombre y un número de teléfono válido para que podamos contactar con usted
Felicitaciones, usted ha enviado correctamente sus datos de pago y nuestros socios de financiamiento certificados han iniciado el proceso de licitacion. Nos comunicaremos con usted por telefono dentro de unas horas para darle la cotizacion mas alta. Por favor, permanezca cerca del telefono.
Complete el siguiente formulario y consiga sus cotizaciones de precios competitivos dentro de 2 horas! Es tan facil como 1-2-3
 
  1. Paso 1
    Paso 2
    Paso 3
    Finalizar
     
     
    1 - Introduzca su informacion general:
    Tengo una:
    Liquidacion Estructurada Pago de Loteria Otra Anualidad Compensacion Laboral
    Nombre de la Compania de Seguros que me esta pagando
    2 - Describa cada Flujo de Pagos que desea vender (un flujo de pagos a la vez):
    Would you like to enter another payment stream?
    YES
    NO
    Garantizado
    Contingencia de Vida
    Incremento de costo de vida
    Su Flujo de Pagos
    # Frecuencia Proximo Pago Total Ultimo Pago Garantia COLA Incremento En Fecha Eliminar
    3 - Diganos acerca de la oferta mas alta obtenida hasta ahora, luego presione en finalizar:
    Ha recibido ofertas de otras companias?


In April 2006, Jamel Knight settled a personal injury case for $1.6 million up front and a structured settlement of $400,000 to be paid at a rate of $1,978.11 per month for the rest of his life, guaranteed for 30 years.

Mr. Knight did the following with his money:

  • $400,000 to father
  • $100,000 to mother

  • $100,000 to friends
  • built primary residence in New York
  • built secondary home in Pennsylvania
  • started a soul food restaurant in the Bronx, NY

Mr. Knight plans on doing the following with the money he would have received from the sale of his structured settlement:

  • renovate his Orange County (NY) home to be sold
  • renovate his restaurant to make it more profitable
  • finish his secondary home (PA) to move his family into (5 children)
  • payoff other debt ($25k truck, ect. ect...)

Why would Mr. Knight sell his New York residence, move to Pennsylvania, but not sell his New York soul food business?

 

Factoring Transaction

Novation Capital was offering Mr. Knight $100,000 for the rights to $1078.11 of the total $1978.11 for a period of 19+ years (March 2028). The effective annual rate of this transaction was 12.21% which is a high rate for this particular case.

Settlement Quotes offer to Mr. Knight would have been in the range of $118,000 to $120,000. The profit margin for Novation Capital on this particular case was in the range of $20,000 to $24,000.

It is important to point out that this particular case was not denied because of a high discount rate, but because Mr. Knight squandered the $1.6 million he received up front, all within a 2 year period. How long would the $100,000 have lasted?

Source:

  • Structured Settlements 4 Real
  • Lois Law

get a quote on your structured settlement

Web Analytics