Selling Settlement Payments

Selling structured settlement payments.

Selling settlement payments. For example you might receive 5 000 a month and decide to sell 1 000 of each payment for the next two years. What is the discount rate. The decision to sell your settlement payments is very important and should be made carefully. It usually takes 2 months or longer to complete this process.

Your right to sell your payments was made available on january 23 2002 by then us president george w. Selling future payments for upfront cash is a major life decision that we don t take lightly. Selling your structured settlement is a complicated process which has many moving parts. One of the first questions people have is how much cash they will receive when they sell their settlement.

Automatic payment or giro is a direct debit and credit facility which is available to all dbs posb bank account holders. Or you could decide to sell six months worth of payments. With the right information you can make a sound decision that will be in your financial interest. Our 97 success rate for court approvals on selling structured settlements is the product of our dedication to achieving the best for each and every customer.

In contrast to selling annuities purchased through insurance companies selling the rights to structured settlement payments is a legal process that requires court approval. It is the most convenient way to settle your trade. While structured settlements offer financial security over many years sometimes people run into situations that demand a large sum of cash immediately. Regardless of the parameters the frequency or size of the amounts you can still sell your settlement payments at any given moment.

Selling your settlement payments is a major decision and choosing the best buyer can make a huge difference in how much you benefit from the transaction and how quickly the process is completed. When you buy or sell shares online the payment will be directly debited from or credited to your designated bank account between 12 midnight and 7 00 am on due date 1. In addition to reading online reviews you should also be willing to reach out to the settlement buyer and receive some vital pieces of information. In a word the benefit of selling your structured settlement is liquidity.

We are experts in dealing with the sale of structured settlements and are here to help you make sure that a factoring company does not take advantage of you. Qualification for 100 gift card is contingent upon the annuity owner seller providing sufficient proof to the satisfaction of drb of a valid annuity or structured settlement with available payments and verifying full name address cellular and home phone numbers and current email address. The vast majority of people who sell structured settlement payments sell only a portion of those payments.