Monday, March 17, 2008

Woodbridge Investments to Offer Foreclosure Assistance to Homeowners Receiving Structured Settlement Payments

Woodbridge Investments, LLC. , a structured settlement factoring company, today announced a new program to aid homeowners facing foreclosure.

The Woodbridge Home Owner Relief Program allows homeowners who are receiving structured settlement, annuity, lottery payments to instantly borrow up to $20,000 against their settlements to reinstate or pay delinquent mortgage payments.

Heading up the innovative new program is Sofia Ekberg, who has an extensive background in debt negotiation with banks nationwide. Sofia stated, "My experience with homeowner relief programs acted as the catalyst for the idea to offer loans to homeowners receiving structured settlements."

Ms. Ekberg further added, "Management at Woodbridge Investments was thrilled with the idea and has set aside a fund to immediately begin making loans."

To qualify, an individual must own a home and at the same time be receiving a structured settlement, annuity or lottery payment.

Woodbridge Investments and its predecessor companies have been purchasing Lottery Payments, Structured Settlements and other cash flows since 1993. Over a thousand individuals and families have relied on Woodbridge to realize a large lump sum from the sale of their long term payments.

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