What exactly is a pre settlement loan? Pre settlement is the space of time after a claim has been filed but before the case has been resolved or the verdict has been rendered. Now, knowing that, I can better explain what a pre settlement loan is. It is a cash advance given to the person …
One of the biggest retailers in the United States, J.C. Penney Co. Inc., announced earlier this month they have reduced their pension obligations by offering over 50,000 former employees the option between an annuity settlement and cash for annuity payments. In doing so they were able to cut their pension obligations by about $5 billion, …
JC Penney Offers Retirees Annuity or Cash for Annuity Payments Read More »