Reviews and Ratings of Woodbridge Structured Funding
Boca Raton, Florida-based Woodbrige Stuctured Funding LLC hails itself as “a trusted structured settlement company since 1993 … [offering] cash for structured settlements & annuities".
Should I Sell My Structured Settlement to Woodbridge Structured Funding?
Over the past twenty years, Woodbridge has purchased more than $2 billion in structured settlements.
Structured settlements pay out in a structured payment form – usually over some years or even decades. When awarding compensatory and punitive damages in a civil lawsuit, judges have the option to award a “lump-sum” payout which provides the plaintiff with a large amount of immediate, in-hand cash. Or, they can opt for the structured settlement which provides the plaintiff with a steady income, acting very similarly to the monthly salary that one receives from their job. Judges in civil cases have intimate knowledge of the plaintiff’s current employment, family and financial situation and consider each of these factors when deciding whether a settlement in the form of a long-term steady stream of income is more beneficial or whether a large 1-time payout would be more appropriate.