Lump Sum Cash Option
What is the lump sum cash option?
The lump sum cash option is available to people that receive structured settlement, annuity, lottery or slot jackpot payments and gives the ability to turn some or all of their future payments into immediate cash.
Let’s look at a few examples.
Case Study 1: Structured Settlement Lump Sum Cash Option
“Teddy” was hurt in an automobile accident. When his case was settled in court, he and the insurance company elected to create a structured settlement. These structured settlement payments were designed to help cover future medical and living expenses for the rest of Teddy’s lifetime.
But 6 years later, Teddy began having trouble making his mortgage payments. No matter how hard he tried, the settlement payments were simply not enough, and he was getting further and further in debt. Then he was notified that the bank would be foreclosing on his home if the past due payments were not made.
Teddy called Stone Street Capital to find out if the lump sum cash option would give him enough money to pay off his mortgage and save his house.
Stone Street Capital was able to customize a lump sum transaction so that Teddy received enough money to pay off his mortgage and also make many necessary repairs that had been put off for years.
The best part is, Teddy not only got a large cash lump sum, but since he only sold half of each payment for the next 10 years, he was able to still get settlement check each month. He also knew that after 10 years, he would receive his full payment again.
Case Study 2: Lottery Lump Sum Cash Option
“Angela” won $1,000,000 in the Massachusetts Lottery in 2002. At first, Angela was on cloud 9. Who could believe that she actually won the lottery and was a millionaire? Well, the excitement wore off very quickly when she received her 1st of 20 annual checks from the lottery. Her $1 Million win was reduced to one check a year for just over $30,000. Angela realized now that while this was found money, the additional income felt more like a part time job than a lottery win. She still was unable to get herself out of the thousands of dollars of debt she was in before she won - plus, she was hoping to start her own nail salon. She would have to win the lottery again to even come close to being able to do that.
Then she called Stone Street Capital to find out more about the lump sum cash option.
Stone Street Capital purchased her payments from year 5-15. She received enough money to not only get out of debt, and even better, she was able to stop renting and bought a house in full! No rent or mortgage payments! She also was able to start her nail salon business. Now, none of her $33,000 payment that she receives goes to mortgage or rent, and her business profits are well above $100,000 a year. She receives her payment in full for the first 5 years and then the last 5 years. Angela made her small payments work for her.[is this true or did we make it up? This would only be around $135k lump in cash after taxes assuming we purchased at a 12% discount rate]
These are just 2 examples of the lump sum cash option offered by Stone Street Capital. For over 22 years, Stone Street Capital has helped thousand of people receiving future payment streams get cash now. In fact, we have paid over $2.5 Billion to people just like you. We’ve helped so many. Pick up the phone so we can help you too.
1-800-LUMP-SUM
(800-586-7786)
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