Archive for the 'Structured Settlements' Category

Structured Settlements Secondary Market

October 15th, 2007 | Category: Structured Settlements

Settlement Capital Corporation (SCC) is a financing company that provides l owners and holders of periodic payments the ability to capitalize payments resulting from structured settlements, annuities, lottery winnings, government and commercial contracts and other secured future payment obligations.

 

Settlement Capital Corporation was the first to purchase annuity payments back in 1988. The practice has since flourished into a vibrant market. The practice of converting your monthly or annual payments received from court settlements, lottery winnings etc provides clients with the chance of capitalizing their structured settlements giving them access to the original capital at  factored rate.

As one of the first in the market, Settlement Capital Corporation has been a market leader in the field and continues to find the most competitive of rates for its ever expanding client base.

 

The practice of capitalizing annuity settlements with court approval has been passed into law in 46 of the 50 states, although it is possible to use an insurance companies state of registration for the purposes of those states that have yet to pass laws allowing the process. Settlement Capital Corporation have been influential in helping in bringing these laws into effect and will continue to work with the legislature across the country to make laws  work to the settlement holders benefit.

 

For the really lucky ones, those Lottery winners looking to capitalize their long term income streams, SCC has years of experience in helping winners take their twenty /twenty-five year payouts and give out a capital sum, which if invested wisely can overshadow the original winnings

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