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Lackey Financial Enterprise

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Welcome  to Lackey Financial Enterprise

The purpose of this website is to provide you with information about the different types of notes. Also to give those who want it an opportunity to get a quote on their note, and possibly sell it for a lump sum. There are Mortgage, Structured/Annuity, Lottery, and Business Notes. All of these types of notes can either have you on a payment plan or you can sell your note to a note broker. After the sell is complete you will receive a lump sum check. 

Selecting a financial service company is an important decision. You want an experienced company that's big enough to serve all your needs, yet can also provide individual attention and take the time to answer your questions.

Our office combines a wide range of financial services with a client-centered philosophy. On this site, we'll provide information about our note selling program  we offer. We hope you'll find the information you need, and we look forward to working with you.

Here are some general informational guidelines on various notes.  

MortgageNotes: 

Minimum Founding Amount: $20,000 

Maximum Founding Amount: $500,000

No Maximum for Commercial notes

First Position Notes only-- No Seconds

   Structured Court Settlements and Annuities

Minimum Founding Ammount: $20,000

Maximum Founding Ammount: No Maximum

No Workers Compensation Settlements

All Transactions require a Court Order

   Lottery Winnings

Minimum Founding Amount: $100,000

Maximum Founding Amount: No Maximum

Some states require court orders

Some states non assignable therefore most likely cannot purchase these

  Business Notes

Minimum Founding Amount: $20,000

Maximum Founding Amount: Case by case (usually $250,000)

Personal guarantee by payer and good credit

Minimum three(3) month seasoning

                     All guidelines are subject to change without notice.

   If your Annuity Note resulted from an on the job injury we cannot purchase this type of note from you. The reason being that state law prohibits us from purchasing a Workers Compensation Annuity. Also we cannot purchase the following: Soacial Security Payments, IRA's, Alimony Payments, Disability Payments, Judgements, or Retirement Plans.

                                                                                                       

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Lackey Financial Enterprise copyright 2005