This is transfer is called a structural settlement factoring transaction.
Selling a structured settlement annuity.
There are no exceptions.
If your financial needs have changed recently selling the rights to these payments in exchange for a lump sum payout from a company that specializes in buying annuities can give you some financial flexibility.
There are only a few basic steps in the whole process of selling a structured settlement.
Basically you sell your structured settlement payments at a heavy discount via a settlement transfer in exchange for a lump sum of cash.
Call the company to get a free quote.
This is called secondary market annuities.
This does not mean that it is illegal to sell them.
Research companies and choose a credible buyer like drb capital.
Find out more about secondary market annuities.
Tapping into your structured settlement without.
Despite the best laid plans life situations might change and what made sense when a structured settlement was created may become derailed by an unanticipated occurrence or living beyond your means.
Annuities can be sold in portions or in entirety.
Funds are not immediately accessible in case of an emergency and the recipient cannot place a lump sum payout in other.
Yes a judge must approve the sale of your structured settlement.
Selling your structured settlement is perfectly legal when a judge approves the sale.
Selling a structured settlement is a money loser 100 of the time.
Once terms are finalized there s little you can do to alter them if they do not meet your needs.