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.
Selling a structured settlement annuity.
Research companies and choose a credible buyer like drb capital.
Find out more about secondary market annuities.
Annuities can be sold in portions or in entirety.
This is transfer is called a structural settlement factoring transaction.
You can sell your annuity or structured settlement payments for cash now.
Call the company to get a free quote.
Funds are not immediately accessible in case of an emergency and the recipient cannot place a lump sum payout in other.
Selling a structured settlement is a money loser 100 of the time.
There are only a few basic steps in the whole process of selling a structured settlement.
Yes a judge must approve the sale of your structured settlement.
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.
This does not mean that it is illegal to sell them.
There are no exceptions.
Selling your structured settlement is perfectly legal when a judge approves the sale.
Basically you sell your structured settlement payments at a heavy discount via a settlement transfer in exchange for a lump sum of cash.
Tapping into your structured settlement without.
Unlike commercially available annuities structured settlement annuities are always subject to court approval.