10 Responses to “ Has anyone ever heard of "cashing in" your va benefits that are paid monthly, for a lump sum payment? ”

1. razzy on December 5th, 2010 9:40 am

   I’ve never heard of Lump Sum payments for VA benefits, however I have seen and paid out Lump Sum payments of retirement money.
   It’s called the CSB/Redux Retirement plan.
   It’s not exactly "cashing in" your retirement payments, it’s getting a lump sum of the payment at your 15 year mark of service which you payback over time after you retire out of your retirement checks. It’s like a loan without the huge APR’s. This might be what the person who told your husband that were talking about.

2. fangtaiyang on December 5th, 2010 9:40 am

   I have been receiving VA benefits for over forty years and have never heard of such a thing.

3. Marine5 on December 5th, 2010 9:40 am

   It is a scam…

4. Bill on December 5th, 2010 9:40 am

   I’ve heard of lump sum payments when someone passes away, but not for living members. The place to check would be here:

   http://www.vba.va.gov/bln/21/index.htm

   Good luck

5. Yggdrasil on December 5th, 2010 9:40 am

   Sounds like B U L L S H I T to me.

   100% Rated VA Disability Dude

6. VA on December 5th, 2010 9:40 am

   You cannot do this. VA pension benefits are based on income which means that they fluctuate based on your household income and compensation depends on his disabilities which can always change.

7. Sarge502 on July 28th, 2011 7:06 pm

   VA Disability compensation cannot be sold due to a law passed by congress in 2003. Predatory lending companies were taking advantage of veterans receiving these benefits and ruined the practice for everyone! At the time there were a FEW reputable firms buying portions of your VA Disability compensation at a fair rate. It only takes a few idiots to ruin it for everyone. I have bad credit due to divorce while serving in the Army and needed a loan for a home and missed the “cut-off” because of this new law by three months.

   Secondly, VA Disability Compensation does NOT “fluctuate” according to income levels. This is true with the “old” system but the current VA Compensation system pays a set amount per service member and per dependent until that dependent turns 18. It will not change unless a dependent turns 18 or your rating percentage changes.

8. John on August 3rd, 2011 9:59 pm

   I believe it would help. If I could cash in 10Yrs for 80% it would allow me to prosper in the current economy (I’m moving to all cash versus timed payments etc) and It would also help the economic scenario facing the government and the people now.

   Unfortunately, It would not work for everyone (those who need baby sitting or have poor management skills. In addition the amount of Political BS that would mount up to make a simple decision would be Cost prohibitive

9. Aydin Hamouni on August 23rd, 2011 7:26 pm

   Hello John. There are NO laws against cashing in your VA benefit. My company does just that and we do 100s of these per month.. We also fund VA pensions and disabilities with no credit consideration. Go to our website, get a quote and see what you are entitled to. If you have any questions, please feel free to give me a call. My direct number is 760-681-1954 and our website is http://www.webuymilitarypensions.com

   Good luck sir

10. Aydin Hamouni on September 12th, 2011 11:47 pm

    Here is an update on my previous post. Since we have answered this question on this blog our website has received over 4000 hits through this blog based on Google analytics. Since the launch of our company, we have been receiving an overwhelming number of requests from our VA Benefit recipients customers. We have launched our all new sister company http://www.VeteransBenefitLeverage.com which is dedicated exclusively to our veterans.
    we have continuously made changes and upgrades to better serve our disabled veterans. Our new system has expedited funding time to just three weeks. We have improved our customer service to better serve the overwhelming number of requests we have been receiving. We take pride in knowing that we do our very best while keeping in mind that we are virtually the only company in the world offering such service to those who gave everything.

    Sincerely,
    Aydin Hamouni
    Veterans Benefit Leverage
    aydin@veteransbenefitleverage.com

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