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  Category: Articles » Finance » Article
 

The Lowdown on Receiving a Settlement Advance




By Joshua Shapiro

After an injury, it is often very difficult to get back on your feet and get your financial house back in order. This is especially the case if you live paycheck to paycheck like most people. Once you become injured and miss a little time from work, it is as if you are drowning, desperately trying to grasp at anything that will keep you afloat until your case is settled and you get some relief. When you are going through this process, it seems help is miles away. However, you may have an option you do not realize. You may be able to receive a cash advance on your settlement proceeds which will not have to be repaid until your case is finalized. This could provide much needed resources until the money from your settlement comes through.


There are several different companies that offer settlement advances, more so in the last few years as the trend as really caught on. You may check on the internet to find just how many you have at your disposal. The ball is in your court, so you can pick and choose which company offers the better deal.


While a settlement cash advance may be a godsend, there may be one small glitch. In many circumstances, your attorney may have to approve the advance before you can actually get it. For this reason, you may want to run the idea by your attorney before getting too far in the process. You do not want to get the ball rolling only to have it stopped short by a disagreeable attorney. However, in some states you may not have to pass this technical requirement, which is considerably more advantageous than the alternative. Even with the red tape, a settlement advance may be very beneficial.
 
 
About the Author
To learn more about what a settlement advance is, Joshua Shapiro recommends Structured Settlement Sell. Please see http://www.structuredsettlementsell.com/articles/definitions/what_is_a_settlement_advance.html for more information.

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  Some other articles by Joshua Shapiro
Where Can I Get a Free Structured Settlement Quote?
Obtaining structured settlement quotes is key to getting the best price for your asset. You will never know how much you ...

What is a Structured Settlement Quote?
When you first begin to venture into the unknown world of the structured settlement market, you may not have a clue what you are getting into. You ...

The Lowdown on Structured Settlement Funding
Structured settlement funding is one of the many terms used to describe cashing in a structured settlement for a lump sum of cash. Structured ...

The Lowdown on Structured Settlement Transfers
Everyone has seen the commercials – "Get cash now for your structured settlement payments!" Have you ever wondered what the real deal was with those companies and how you can make money from your structured ...

You Need It Now: Get Cash Flow for a Structured Settlement
You probably did not have a crystal ball when you agreed to accept a structured settlement; you had no idea what the future held and how it would ...

The Lowdown on Structured Settlement Sales
A structured settlement is an arrangement in which an award, often from a lawsuit or claim, is paid out over time. This type of arrangement was originally designed to keep people from squandering away their ...

  
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