Reasons to Sell Your Settlements

REASONS TO SELL YOUR SETTLEMENTS UNPAID MEDICAL BILLS 32 - OVER Over 35 million American MILLION adults (ages 19-64) were AMERICANS contacted by collections agencies for unpaid H medical bills in 2013. AGE O 10 20 3O 40 50 60 70 62% A study done at Harvard University indicates that medical debt is the biggest cause of bankruptcy, representing 62% of all personal bankruptcies. DIVORCE A TYPICAL DIVORCE COSTS $4,000 + $15,800 Divorcees who go to trial on FOR ATTORNEY FEES any issue in their case reported spending an average of $19,600 in cos $19,800 including $15,800 for attorney's fees. TOTAL UNEMPLOYMENT - MORE THAN - 5.2 As of April 2012, more than 5.2 million Americans had been unemployed for six months or longer. MILLION AMERICANS PAYING RENT 10 About 10 million Americans were unable to pay for necessities such MILLION as rent, food and utilities because AMERICANS of medical bills in 2013. CREDIT CARD DEBT 3421 2548 45 67 $15,609 The average indebted U.S. household credit card debt stands at $15,609. STUDENT LOANS 40 MILLION Up to 40 million Americans now have at least one outstanding student loan, according to new analysis from credit bureau Experian. CLASS OF 2014 AVERAGE STUDENT DEBT LOAN: According to a government data analysis by financial aid experts at Edvisors, the class of 2014 graduated with an average $33,000 student loan debt of $33,000. BUYING A HOME $188,900 In 2014, the median price of a home was $188,900. STARTING A BUSINESS OPEN In 2009, the Kauffmann AVERAGE START-UP COST: Foundation estimated that $30,000 the average start-up cost was approximately $30,000. SOURCES: nerdwallet.com/blog/health/2014/03/26/medical-bankruptcy nolo.com/legal-encyclopedia/ctp/cost-of-divorce.html investopedia.com/financial-edge/0310/top-5-reasons-people-go-bankrupt.aspx money.usnews.com/money/personal-finance/articles/2012/05/14/5-bankruptcy-myths-debunked nerdwallet.com/blog/credit-card-data/average-credit-card-debt-household money.cnn.com/2014/09/10/pf/college/student-loans college.usatoday.com/2014/08/26/how-much-student-loan-debt-is-too-much-2 huffingtonpost.com/2014/03/13/median-home-price-2014_n_4957604.html Brought to you by: STRUCTURED ASSET SERVICES www.structuredassetservices.com STLON GAMSIS AMERICANS