Jan. 20

Lottery Annuity Payments

As far as private investments are concerned allowances are assets that provide a definite payment cycle in the future in exchange for an immediate enormous sum of cash. They could either be the fixed rate kind or the variable type of investment and will be bought or given as a gift or bought as an [...]

Dec. 31

Chapter 13 Payments and Personal Bankruptcy

Chapter 13 payments are used when debt is restructured through bankruptcy. Debtors must abide by the repayment plan for two to five years. During the restructured debt period, debtors are prohibited from incurring new debt unless approved through the court.
Chapter 13 payments are usually paid to a bankruptcy Trustee and dispersed to creditors on a [...]

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