It’s fair to say there are few things that can cause those who receive structured settlements more consternation than trying to figure out how to sell them. Structured settlements can be great for receiving certain amounts of payments over longer periods of time. However, if you need money now, you might be wondering, “Is it possible to sell my structured settlement?”
The answer is yes – under certain conditions, and if you have a good settlement team on your side.
Selling Your Structured Settlement?
In many cases, you cannot sell your structured settlement. After all, it’s intended as a long-term payout. However, if you can convince a judge that you have ample reason (for example, if you have immediate need due to health costs), you may be able to get one. This approval is often given within 60 days or less.
If you can persuade a judge, you’ll want to contact structured settlement experts to get as much as you can in the deal.
What Are the Payout Options?
You may well be wondering, “How much will I get if I sell my structured settlement?”
This, again, will depend on your case, as well as several other factors. These include when future payouts in the existing settlement are due, the rating of the insurance company, and any outstanding fees for which you and your team may need to account for a settlement to be reached.
These calculations can be complex, but a qualified structured settlement team can help you every step of the way.
Visit WePayMore Funding LLC for more information.