Basic information
181 Washington Street, Suite 375 Conshohocken, PA 19428 |
|
877-386-3377 215-542-2132 |
|
215-434-6222 (Fax) | |
info@cbcsettlementfunding.com |
Suite 375
Conshohocken, PA 19428
181 Washington Street, Suite 375 Conshohocken, PA 19428 |
|
877-386-3377 215-542-2132 |
|
215-434-6222 (Fax) | |
info@cbcsettlementfunding.com |
"CBC Settlement Funding specializes in providing abstruse assistance to individuals receiving structured settlements through insurance, court, and other annuity payouts. The appraisal of future payments is actualized as immediate cash, allowing the annuitant to profit from other investment opportunities, such as purchasing a home. Compelling financial obligations can be overcome with other business investment objectives. CBC Settlement Funding was acquired by Asta Funding (ASFI on the index) with a $5.9 million investment, bringing a 20% stake in the company through the merger. CBC is a specialist in procuring pre-settlement payments for cases still unsettled or imminent in court. FAQs indexed on the company website, along with information provided during initial consultations, are extremely serendipitous and enlightening. For individuals who want to sell future settlements online, the company propounds lump sums for the sale. CBC is well acquainted with the structured settlement and annuity laws in Delaware. During inceptive deliberations, CBC expounds customer value and protection, educating consumers on settlement funding laws. They demonstrate a commitment to unexpurgated disclosure, where funding companies are astricted to supplicate a disclosure inclusive of all transaction terms with clarity and epigrammatically indicating complete protection for the seller. Decision-making time stretches are considered before the seller parts with the structured settlement, as prescribed by law. Annuities and structured settlement transfers are authorized and endorsed by a judge subservient to financial orientation and the best interests of the seller.
CBC Settlement dispenses two genres of solutions to its consumers in the form of annuities and structured settlements. The company attempts to buy or sell annuities resulting from retirement, insurance settlements, structured settlements from lawsuits, and trust funds. Significant asset values of annuity payments guarantee lifetime incomes, and CBC attempts sales into the secondary market to factoring firms. The company mitigates customer exigencies by reciprocating cash for annuities, addressing immediate pecuniary stipulations. Competent staff from CBC fortify all legal filings and paperwork for consumers who espouse the sale of annuities. Dispersal of lump sum remuneration depends on factors such as prevailing interest rates, velocity and rate of inflation, buyer steadfastness, and payments earned to date. CBC Settlement Funding acts as buyers for annuities, assembling relevant paperwork qualifications. Payouts are either transferred electronically into customers' accounts or issued as cashier's checks, providing convenience. CBC Settlement Funding also extends consultations on selling structured settlement payments gathered after personal injury claims. While structured settlement emoluments are tax-free, recipients may electively sell them due to exigent financial duress, time-sensitive business pursuits, unforeseen medical expenditures, and educational requirements. CBC ameliorates consumers' prerequisites by considering the current market value, dependent on timing, vestige of structured settlements, and the creditworthiness of the insurance company. The company demonstrates the legal right of the seller to sell a portion or all of the structured settlement to a third party after a court proceeding. They stress the compulsion of evidence and personal identification to jump-start the transaction.
CBC is a reputable settlement buyer, taking care of all legal matters and necessary documentation for the covenant. Representatives obtain preliminary confirmations from inquirers regarding legal ownership and stipendary details at no obligatory charges. Most clients are advised against impetuous decisions, encouraged to seek advice from legal and financial advisors. Desirous sellers eventually choose CBC due to the company's reputability. The customer service representative at CBC takes about 48 hours for substructuring the necessary credentials and physically proffering the documents to the seller's doorstep. Complying with a signature, the customer returns the instrumented documents to CBC. The company provides immediate cash advances for part or total amounts upon receipt of customer assent. CBC's customized cash options conform to most customer requirements. CBC Settlement Funding is an 'A' rated BBB certified company and has the distinction of remarkable professionalism and flawless customer service. They are proud leaders of the secondary market for structured settlements and annuities. The capability of providing cash options for consumers with unique asset holdings and limited liquidity has been their specialty.
Backed by powerful Asta Funding Inc., CBC has experienced steady growth in the structured settlement segment, with whopping $97.3 million cash and securities holdings announced as of June 2015. CBC's total Receivables Balance for the period ended June 30, 2015, exceeded the previous period by over 100%. The fiscal year results announced were within six months of the acquisition of CBC by Asta Funding Inc., proving extremely positive for both companies and especially for CBC, recording about a 2% increase in income from personal injury claims compared to the previous period. No impairments were recorded during this three to six-month period. Throughout the three months until June 30, 2015, the number of cases funded by CBC increased by 93.5%, with a simultaneous increase in personal injury claims. The company recently announced the conclusion of its fifth private placement backed by structured settlement payments and fixed annuity. With impeccable customer service and professional procedural planning, CBC Settlement Funding is a proven expert in the field of structured settlements and annuities. They have, to date, purchased over $100 million in future payments, providing customers with reliable liquidities and assets backed with annuities. CBC is not averse to risks, with a non-recourse arrangement in pre-settlement funding transactions. CBC stands to reclaim the monetary benefits if the decision is ruled in favor of the seller. CBC's highly-customized cash options are definitely designed and destined to suit all immediate needs of the customer.