Structured Settlements

Posts Tagged ‘Banks’

My husband has created fraudulent debts to make it look like I cannot cash out the equity in our home. Its a long story and has cost me over k in attny fees to get awarded very basic equity that he wants to make in structured monthly payments. There is a clause in my divorce papers that says bankruptcy is not an release for this debt. However, he has already made it clear he has no intention of making any of the monthly payments. His checking acct is continually overdrawn and he rarely pays banks and creditors on time, so there is little reason to believe I will get my money. I am wondering what experience you have to help me? I have requested a lein on the house (he wants it), an insurance policy or some other penalty be attached to non-payment, I also suggested there be a "bonus" for regular monthly payments (say a 00 less owed). But my attorney has not responded to any of these saying "he has to pay". But I know better. What did you do to protect yourself?

My daughter will be turning 13 in December. She will soon be receiving an injury settlement of approximately ,000. She is not good with money. The attorney said it can be structured through an annuity so she doesn’t get just a fat wardrobe check when she turns 21, but I don’t believe insurance companies provide annuities just so they can get into corporate heaven when they die. Do they operate like banks, using your money to earn good returns while they make you dance for pennies?
It’s not that I don’t care for banks. Or insurance companies. They both provide a service, but do not exist for my benefit, and since I have no experience in this area, I seek counsel of those that do.

score around 600, and eligible for a VA loan. Also, have a structured settlement to use toward income.