Legal Question in Wills and Trusts in California
Can I restructure my annuity payments I recieve monthly from a insurance company? I get $48,000.00 divided in monthly payments till 2014 but I need a lump sum of $5,000.00.
Annuity Loan companies charge a arm and a leg to loan on my annuity and they have to go through the courts first.
Can I do it myself through the courts to restructure and get the $5,000.00?
Thank You, John Wexler
Asked on 4/28/10, 1:09 pm
1 Answer from Attorneys
Anthony Roach
Law Office of Anthony A. Roach
You're willing to give up $48,000 in payments for $5,000? That's crazy.
Answered on 5/03/10, 1:38 pm