How It Works
We've all seen the ads on TV for\
settlement funding companies. Peachtree and J.G.Wentworth
are probably the most viewed.
Settlement Funding is where you get a lump sum of cash in exchange
for the future of your settlement (i.e. court judgment settlement set out
The Present Value of your settlement is calculated. Based on this, the settlement
company will offer you a percentage of what the present value is.
For an explanation of Present Value check out
todo: insert Present Value Calculator Here
Take a simple example:
You are owed $500. You have been paid 400 so far. The remaining 100 is
supposed to be paid out over the next 2 years at 0% interest.