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If you have been [url=http://www.shewyne.com/peutereyoutlet.html]peuterey outlet[/url] exploring the possibility of selling your structured settlement, you might be coming across words or terms that you aren't familiar with. Becoming familiar with the expressions which is used can make it easier for you to speak with the companies that by buy annuity payments plus may help you when you read the documents that the companies send you to effectuate the transfer of some or all of your structured settlement for an immediate lump sum payment of cash.

Although its necessary to remember that explanations may differ a little bit depending where you live and the laws in that jurisdiction, and that it is usually best if you go over any significant economic [url=http://www.jeremyparendt.com/jimmy-choo.php]jimmy choo chaussures[/url] decision with an attorney and/or a financial consultant, hopefully this brief description of [url=http://www.teatrodeoro.com/hollisterde.php]hollister deutschland[/url] a few of the commonly used verbiage regarding the assignment of structured settlement payments will prove helpful As used in this article the [url=http://www.shewyne.com/moncleroutlet.html]moncler outlet[/url] following words and terms shall have the following meanings:

* ANNUITY ISSUER is, in general, the [url=http://www.mnfruit.com/airjordan.php]jordan pas cher[/url] insurance company which has issued a contract to fund periodic payments under a structured settlement.

* STRUCTURED SETTLEMENT OBLIGOR refers to, in my situations, as the party that has the continuing obligation for making periodic structured settlement payments to the payee under a structured settlement agreement or a [url=http://www.rtnagel.com/louboutin.php]louboutin pas cher[/url] qualified assignment agreement.

* GROSS AMOUNT refers to the amount payable to you or on your behalf in exchange for the structured settlement payment rights you are selling before any reductions for any expenses that you are and/or may be responsible for. [url=http://www.gotprintsigns.com/abercrombiepascher/‎]abercrombie pas cher[/url]

* NET ADVANCE AMOUNT. The gross advance amount less the aggregate quantity of the expenses you're and/or may be responsible for.

* PAYEE. Typically, this is "you", [url=http://www.jeremyparendt.com/Barbour-Paris.php]barbour france paris[/url] the person who's eligible to receive the payments under a structured settlement and wants to transfer some or all of their annuity payments for an immediate lump sum payment of cash.

* PERIODIC PAYMENTS. Refers to the scheduled payments due to you under the structured settlement agreement
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* STRUCTURED SETTLEMENT. An arrangement for periodic payment due to you for personal injuries or sickness pursuant to a settlement or judgment in resolution of a tort claim.

* STRUCTURED [url=http://www.shewyne.com/hoganoutlet.html]hogan outlet[/url] SETTLEMENT AGREEMENT. The agreement, judgment, stipulation, or release embodying the terms of [url=http://www.jeremyparendt.com/Barbour-Paris.php]barbour pas cher soldes[/url] a structured settlement.

* TRANSFER. Simply speaking, and subject to state law specific, is any sale, assignment, pledge, hypothecation, or other alienation or encumbrance of structured settlement payment rights made by you for consideration;

In discussing any options to sell your structured settlement payments or reviewing any documents relating thereto, its vital you understand the specific phrases as they are being used by the company seeking [url=http://www.sandvikfw.net/shopuk.php]hollister outlet sale[/url] to get you a lump sum of money in return for your annuity. The above discussion, only serves to offer you some general guidance.
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