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Case Studies ::Example: Case #966 CONDITION: METASTATIC COLON CANCER FAMILY STATUS: MARRIED INSURANCE POLICY AMT: $250,000 PURCHASE AMOUNT: $175,000 The ViaSource Solution LITTLE SILVER, NEW JERSEY At the exhaustion of all liquid assets and having borrowed money from several relatives, selling his life insurance policy was the only way to generate enough money to prevent the mortgage company from foreclosing on the family home. In order to halt foreclosure prior to the closing of the policy sale, ViaSource pre-funded $10,000 to the mortgage company so as to stop the local sheriff from evicting the family from their home. The policy closed 24 hours later. |