to buy or not to buy a house
On 7/22/2017 10:23 PM, Wayne Boatwright wrote:
> On Sat 22 Jul 2017 07:00:36p, Alex told us...
>
>> Ed Pawlowski wrote:
>>> On 7/21/2017 9:57 PM, Alex wrote:
>>>
>>>>
>>>> That would depend on the language of the trust. Some have no
>>>> timeline. What you are referring to is often the case for
>>>> children so they don't blow it all at once.
>>>
>>> Sure you can. Ever see the ads "I need cash now" call J G
>>> Wentworth.
>>>
>>> They take structured settlements and annuities and give you cash.
>>> Probably 89% interest. Sleazy thieves.
>>
>>
>> That's just bad economics.
>>
>>
>
> But I like the jingle! :-)
>
The ads are like a music video with young twentysomethings singing and
dancing. Seem geared to the uneducated with an insurance settlement
paid over time. They get the cash now and will be claiming disability
in a few years when the money is gone and they need the medical
treatment. Seems unethical.
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