Not everyone who has a structured settlement or annuity realizes that they may be able to sell it.
Most state legislatures have enacted laws that allow the sale of structured settlements and annuities.
Whatever your reason for needing cash, first you need to decide if you are selling all or part of your settlement or annuity. Do you want all of your cash now, or would you like to still have periodic payments coming in? You need to think about what is best for your particular situation. What will help you balance your immediate needs with your long-term plans?
Next, you need to be aware this transaction requires paperwork and court approval. This is so that your interests are protected. You will need to have a court hearing on your request to sell.
You will need to gather information to get the process going. Your original paperwork should show:
- The amount of your settlement
- What your periodic payments are
- The due date of your payments
- The number of payments you are still entitled to receive
Now you need to find a reputable company with experience to guide you through the selling process, as there is a lot of paperwork involved and a court hearing you may have to attend. They can help you understand all the steps involved and what documents and filled-out paperwork you will need to present to the court.
If you are required to go to court, you may need to explain why you are selling your structured settlement payments. The court may want to know that this change is in the best interests of you and your family, and will not put your finances in an unstable situation.
Here at Client First, we can guide you through the selling process. And Client First pays for all of the court costs and legal fees associated with obtaining the court approval.
As soon as you contact us, we will appoint an experienced representative to work with you to make the process as easy for you as possible.
Why not call today for a free, no-obligation consultation at 888-594-1195.
Call Client First Now, or Fill Out The Free Quote Form to the left.
A personal representative is waiting to help you learn about selling your structured settlement.