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"Non-Qualified Annuities Rule!," Insider Info from PPI Cash Needs Clarification

Posted by James Breen at 30 July 2008 23:28

I come now to the most interesting of these questions of annuity settlement structured which I have constantly been asked for years. When I read this article, I realize I won't ever be disappointed.

This is quite impressive. This publication is good. I should have one too.

I've been checking out Structured Settlement Sales lately. It's a touch decision - a certain lump sum versus a long-term payment with bankruptcy risks. My inquiries into Annuity Loans on the Internet have done little to bring me closer to a decision. It's been frustrating - there aren't very many unbiased sources of information. I'm hoping I'll be able to get enough information to make an informed choice. Ok - that's it for .. click here.

This is quite impressive. This publication is good. I should have one too.

On July 16, 2008 PPI Cash, a factoring company out of Lake Worth , Florida has published a blog called "Non- Qualified Annuities Rule" offering tips "to structured settlement annuity recipients and lottery winners,"in following up to the recent IRS Private Letter Ruling obtained by IFS. The post needs some clarification to correct some errors in fact and context. PPI Cash: In a nutshell (which is hard to do with cases of these types) the non-qualified annuity can be used in a taxable damage ..ยป.

It is just getting started:

Posting on July 18th, 2008 in Structured Settlements A structured settlement is a monetary grant that is often the result of a successful lawsuit. Often the lawsuit concerns an injury case, which results in an insurance agreement. This payment is financially planned to guard the settlement sum and to offer the beneficiary with safe returns. Often the receiver is incapable of work, restricted in work capacity or has endured loss in earnings due to work ..next.

Fairly scientific footnote, this is roughly a guide.

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People file for bankruptcy because they're in debt. The more debt there is, the more bankruptcies there are. Well, duh! It really is that simple. When compared to the level of borrowing, the rate of bankruptcy has remained fairly steady. In 1977, 74 bankruptcies were filed for every $100 million of consumer debt. In 1997, 73 bankruptcies were filed for every $100 million of consumer debt. Bankruptcy isn't the cause of debt but rather is the result. And it isn't the disease but rather is one of the cures. Restricting access to bankruptcy court won't solve the problem of debt any more than closing the hospitals will cure a plague.


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