Tuesday, January 4, 2011

Sell Structured Settlements


People who are looking to sell structured settlements do so because they are in desperate need of a lump sum of money now as opposed to getting paid monthly or annually over a certain amount of time.

The funds that are being paid to the holder of the settlement comes from some type of lawsuit such as car accidents, personal injury, slip and falls etc.

The amount that is settled is agreed by both the defendant and the plaintiff of the court case to be paid in installments instead of one lump sum.

When this type of settlement is agreed on, it usually is done so because the person receiving the structured settlement did not see a future need for the funds and thought it would be sufficient for them to receive it in small quantities.

However, due to some unforeseen issues like foreclosures, loss of job, sudden illness, etc, it is now necessary for these people to seek how to sell structured settlements in order for them to obtain the remainder of the money now.

There are different ways for you to sell structured settlements.

You can use a broker, or you can go directly to a company that specializes in purchasing structured settlements.

Whichever way you decide, make sure you investigate to make sure when you sell your structured settlement, you are getting the best deal for yourself. If you do not do this, you may find yourself in a horrible situation.

Not saying the deal may be fraudulent but it may be written to be more lucrative to the buyer instead of you, the seller. Make sure you read the contract diligently and make sure not to skip over any fine print.

This will help you sell structured settlements with ease.

1 comment:

  1. You can use a broker, or you can go directly to a company that specializes in purchasing structured settlements. lump sum settlements

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