Structured Settlement Tips
The Process of Selling Structured Settlement Payments
The process of selling your structured settlement payments may seem complicated, but if you work with an experienced structured settlement transfer company they will do the majority of the work for you. The process is simplified to make your transaction easy.
The exact process can vary from state to state but the following are typical steps to selling some or all of your future payments.
- Speak to a structured settlement transfer company like Stone Street Capital to learn about your options and determine how much your payments are worth.
- Determine how many payments you want to sell. When selling your settlement payments you have the flexibility to sell some or all of your future payments for cash. In fact, the majority of people sell only a portion of their payments to meet their immediate cash needs.
- A representative will overnight you a formal contract that includes all the details of the transaction for you to review and approve.
- Once you have reviewed the contract, you will sign it and return it with any supporting documentation needed regarding your settlement.
- Your settlement transfer company will set a court date at earliest available date.
- In most cases you will need to attend a court hearing to receive a judge’s approval for the settlement transfer. Typically you will not be required to bring your own attorney (but you can if you want to) and your settlement company will have experienced legal counsel present at the hearing.
- Once your request has been approved you will receive your funds via wire transfer or an overnight check depending on your preference.
For more information, call us to speak to a Structured Settlement Expert at:
800-LUMP-SUM 800-586-7786
