Selling A Structured Settlement Annuity
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. Tapping into your structured settlement without. This is transfer is called a structural settlement factoring transaction. There are no exceptions. There are only a few basic steps in the whole process of selling a structured settlement.
This does not mean that it is illegal to sell them. With the right buyer the process is streamlined and includes the following steps. Research companies and choose a credible buyer like drb capital. This is called secondary market annuities.
Basically you sell your structured settlement payments at a heavy discount via a settlement transfer in exchange for a lump sum of cash. You can sell your annuity or structured settlement payments for cash now. Once terms are finalized there s little you can do to alter them if they do not meet your needs. Selling your structured settlement is perfectly legal when a judge approves the sale.
Call the company to get a free quote. Annuities can be sold in portions or in entirety. Selling a structured settlement is a money loser 100 of the time. Find out more about secondary market annuities.
Funds are not immediately accessible in case of an emergency and the recipient cannot place a lump sum payout in other.