Why should I sell my structured settlement?

Majority of our customers sell their structured settlement payments to meet financial needs and goals. This process is use to benefit or improve their lives. Whether it is raising money to purchase a home, start a business or pay off debt, We will listen to your needs and help you determine a plan that’s right for you.

Do I need to speak to an attorney before selling my payments?

Some states require that you speak to License Financial Advisor before you proceed with a transaction, but many do not. In any transaction that affects your structured settlement annuity, you always have the option to obtain independent legal advice regarding your decision to sell payments.

I am only interested in selling a portion of my payments. Is that OK?

Yes. You can sell a portion or all of your payments. You are in charge of the transaction from start to finish! You will be the one that makes the choice. We are only here to help and will work with you to guide you through the process. We make sure that you understand the options as well as how they can impact you.

What are the documents I need?

We will need a copy of your settlement agreement, annuity policy/contract, and a copy of your driver’s license (or other form of personal identification) to start your transaction. If do not have access to your documents, you can usually contact the annuity company that is making your payments to you and ask them to provide you with a copy.

Is selling a structured settlement payment legal?

Yes. All transfers must be approved by a judge and must follow the laws as outlined by the applicable Structured Settlement Protection Act. This Act protects you so that this transaction is always in your best interest

Do I have to pay taxes on the lump sum I receive from selling my annuity payments?

Remember to keep your wording friendly, approachable and easy to understand… you are writing this for lots of different types of people to read and you want to appeal to them all.

How long does it take for me to receive my lump sum payment?

Generally, it takes 45-90 days to go through the process from beginning to end. We do recognize that receiving your money fast is important to you, so in most cases we can provide you with some cash upfront while you wait for your court approval. We work diligently to complete every transaction in the shortest legal amount of time possible.

How much are my structured settlement payments worth?

The value of your Structured Settlement payments depends on present time value, which includes how far in the future the payments you want to sell come due. Call us today for a free consultation with any of our experienced representatives to customize a plan that works for you.

Can I use the money from my lump sum payment however I would like to?

Yes. While there are no restrictions on how you use your money, a judge must find that accessing your money now is in your best interest. Some people use the money to pay for college, pay off debt, buy a new home or car, pay medical expenses, emergencies, etc.

Is the structured settlement transfer considered a loan?

No. Transferring all or a portion of your structured settlement to us is not considered a loan. Please contact one of our representatives for more information on selling a portion of your structured settlement payments.

How old do I have to be to in order to sell my Structured Settlement payments?

In majority of the states, you must be at least 18 years of age to sell your Structured Settlement payments. In Alabama, you must be at least 19 years of age.

Can I sell my settlement payments if I have bad credit?

Yes. Good credit is not required this is not the same as getting a loan. We will work with you regardless of your credit history.