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How Can I Not Repay Loan To Axa On Life Insurance Policy?

Posted July 5, 2009 – 8:53 am in: structured settlements FAQ

I have a life insurance policy and I owe $29,000 to the company (AXA)
An agent hs told me I can do a 1035 exchange and wipe-out the loan. How can it be that I would not have to repay the money? Would I have to pay it to the new insurance company?

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What Happens If You Get A Loan Under Life Insurance And Suddenly You Die?

Posted May 26, 2009 – 4:51 am in: structured settlements FAQ

Well…my father passed away a few years ago and now pretty surprisingly I still owe the money as one of the heirs.
Some lawyers advice me that this is illegal from the bank in cases of “life insurance” or the original borrower(my father, thus).
Thanks!

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Structured Settlements – Get your Cash Now!

Posted April 25, 2009 – 3:15 am in: sell structured settlements

Sometimes when a plaintiff settles a case for a large sum of money, the defendant, the plaintiff’s attorney, or a financial planner consulted in association with the settlement, will propose paying the settlement in installments over time rather than in a single lump sum. When a settlement is paid in this manner it is called [...]

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