It’s no secret a structured settlement buyout can have a major impact on your life. Often times, the average Joe has an opportunity of a lifetime at his doorstep only to have to turn it down because money is tight, or worse yet–nonexistent. Whether you’ve been granted an annuity or have hit the jackpot, the money you’ve been awarded is the ace up your sleeve if you play your cards right. Selling your structured settlement will help you win big. You don’t have to sit around and wait for your money to add up; contact RSL Funding to find out how a structured settlement buyout can improve your quality of life.
It did for *Jim Forester.
He had a knack for working on cars. As a kid, Jim’s grandfather owned a used car lot, and at an early age, tinkering with autos developed from a pastime into a career as a mechanic. With the ability to diagnose and fix nearly any problem, Jim earned the reputation in town as being the best around. For over 30 years, people would bring in a rattling clunker and leave with a vehicle that functioned as good as the day it was first driven off the lot.
One day Jim was using a two-post lift to work on the underbelly of a client’s truck when suddenly one of the posts gave way. Jim was pinned underneath thousands of pounds of metal. His coworkers were able to get him out from underneath within a few minutes, but the damage was done. His left arm had been crushed and required several surgeries. Despite the best efforts from doctors, Jim would never be able to work on his cars again.
As if the thought of never being able to torque a wrench wasn’t difficult enough, Jim, the sole provider for his wife and two children, now has no way to make ends meet. The only silver lining on Jim’s dismal predicament is the manufacturer of auto lift was investigated, and it was determined a faulty mechanism was responsible for the accident. Jim was awarded compensation for the injuries he sustained to be dispensed monthly through structured settlement payments.
Though Jim was relieved that he now had a steady stream of income, there were bills piling up that had not been paid from the time the accident occurred to when the settlement was awarded. Moreover, Jim’s insurance did not completely cover the surgeries and physical therapy. Jim’s debt was a crushing blow. A neighbor mentioned that she had been in a similar situation, and RSL Funding gave her a great rate and opportunity for a structured settlement buyout.
Structured Settlement Buyout Deal
As soon as his case was resolved and the money was coming in, Jim reached out to RSL Funding to see if a structured settlement buyout was a possibility. Even though Jim will never be able to rotate tires again, he wanted to have the peace of mind knowing he would once again be financially stable. Jim and RSL Funding worked together towards a structured settlement buyout and he was able to sell a portion of his payments to address his debt and allow him to make ends meet.
Since his accident, Jim noticed that his son exhibited the same talent for working on cars as he did. After creating a business plan, he decided to open his own garage, and employ his son as lead mechanic. Jim contacted RSL Funding once again for a structured settlement buyout so he could invest in his new endeavor. Five years later, Jim’s business is still going strong.
The community couldn’t be happier to have an honest, reliable mechanic, and Jim is grateful that he and his family are back in business. At RSL Funding, our customer’s success stories are our success stories.
Contact us today to see how you can begin the structured settlement buyout process.
*Customer’s name has been changed.
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