Frank Azar – Injured Parties Turn to 123 Lump Sum For Fast Money

The latest blog post from Frank Azar:

The latest blog post from Frank Azar:

A growing number of injured parties are looking for ways to collect money from a structured settlement resulting from personal injury lawsuit. In southern Florida, one of the companies attempting to expand this type of transaction is 123 Lump Sum, according to the Sun Sentinel.

Often the process of attempting to gain compensation due to an injury can be lengthy, and plaintiffs can see their financial needs grow exponentially during that time. Companies like 123 Lump Sum buy up settlements and provide victims with the quick infusion of cash that they may need.

According to president, Andrew Savysky, 123 Lump Sum does not simply buy out entire annuities on a whim. “We try to understand our customers current financial needs and design a transaction that fit those needs.” he says.

Many financial analysts argue that structured settlements are usually best for the injured party, and that a settlement purchase should be only a last resort to address pressing needs. The state of Florida requires a judge to approve of all structured settlement purchases in order to ensure that they are in the best interests of the consumer. 123 Lump Sum has actually been an industry leader in promoting just these sort of consumer protections, and were proponents of a 2001 law that enforced consumer protections.

123 Lump Sum has seen a jump in business in recent years. They are seeing revenues of $30 million annually and they employ 100 people. Much of their success rests on their approach of catering their transactions to the particular needs of their customer.

To read more about the purchasing of structured settlements from personal injury cases, read the original article at the Sun Sentinel.

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Frank Azar – Charity Golf Event To Assist Veterans’ Employment Programs

The latest blog post from Frank Azar:

The latest blog post from Frank Azar:

Earlier in the month, Agility announced on BusinessWire that it would host the seventh annual Paralyzed Veterans Golf Open, which raises funds for Paralyzed Veterans of America’s employment assistance program, Operation PAVE (Paving Access for Veterans Employment). The unique event pairs disabled military to play golf alongside veterans, military officials, corporate sponsors and other supporters of Operation PAVE’s mission to help veterans overcome employment challenges.

(Image: National President Bill Lawson at the 2012 Paralyzed Veterans Golf Open, source PVA)

This year, the charity event will feature an adaptable Golf Clinic for veterans with disabilities, let by Anthony Netto, PGA golf pro and founder of the Stand Up and Play Foundation. In addition, the event will include a showcase of adaptive golf cart technology that lifts players into a standing position, allowing them to play even if they are paralyzed.

Since its start in 2008, the annual Paralyzed Veterans Golf Open has raised $2.2 million for Operation PAVE and helped open rehabilitation centers in Chicago, Tampa, and San Antonio. The vocational rehab centers address the high unemployment rates for veterans by providing free one-on-one job counseling and placement assistance for veterans, their families, and their caregivers. They also specialize in assisting disabled veterans on their path to re-enter the workforce.

The charity event will take place on June 9, 2014, and will serve as a beacon of hope for veterans seeking assistance nationwide.

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