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Oct
10
the story of my friend, Alvin
October 10, 2007 |
I wouldn’t think it’s easy for a 28 year old young man to get over a road accident when his career had just begun and was happily flying with a top class airline. Alvin was returning home from a flight that morning when a car hit his bicycle on the road. He was an outdoor and active guy who loved to stay fit all the time. He was admitted to the hospital right away and was warded for a couple of months. But the doctors couldn’t do anything for him except for regular physiotherapies to get him to walk again. But after months of ordeal, he was bound on a wheelchair since.
Alvin had great aspirations despite this unpleasant incident. It took him many months to get over this unfortunate incident and when he finally gathered enough courage to start life anew, his parents needed finance for medical treatments. As a result, Alvin had to consider other options. After speaking to a few financial professionals, he was shown the option of structured settlements factoring where he could receive the lump sum of his insurance claims. With the money received, Alvin could support his parents’ medical needs and explore business opportunities for his future plans.
As a disabled person, it was hard to find a job with an employer so he was planning to start a little online business where he could work from home. From what I understood, many people had wrong notions of structured settlements. But in many situations, with Alvin’s as the prime example, structured settlement factoring can be helpful when there is a urgent personal need. With the periodic payments that Alvin was receiving, it was not possible to contribute to the family’s needs and structured settlement provided Alvin the flexibility and financial provision. If you are keen to speak to a consultant in this area, do check out the website of Settlement Capital Corporation who has a proven track record of providing financial advice and assistance to customers, brokers, attorneys, agents, financial advisors and consultants in structured settlements, single premium annuities and other payment obligations. I believe the team of qualified advisors will evaluate your case and offer you the necessary advice.
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