Hope this post works in this section.... Hi I received an immediate 19 year annuity that pays $9,000 per year in May of each year (next payment 2010--total of payments $171,000) written by Genworth Insurance. The Present Value in May was calculated at $113,000. I am trying to sell this annuity at a fair discount so I can receive a lump sum, and whoever buys it can get it much cheaper then if they buy an annuity directly from the Insurance Company. Arizona Law allows transfers of Annuities so that would present no problems (and the insurance contract allows for them). After research I have discovered the following: 1) There are many firms the will buy these annuities (and structured settlements, lottery winnings, etc), but they are an extreme rip-off and are basically stealing from people who do not know better 2) I have tried contacting many banks for a loan using the annuity as collateral. Almost all will not even entertain, although banks used to make these loans at one time. I do have one bank considering at the moment. If anyone has any ideas that I have overlooked I would appreciate it!!!! I am thinking of advertising in classified ads in financial newspapers or websites...but if anyone has an idea which would be best I thank you in advance.