How To Sell Structured Settlement
Today it’s common for injury victims to accept a structured
settlement from an at fault party instead of automatically
accepting a lump sum payment.
However sometimes the injured party changes his or her mind
and decides to sell structured settlement. What they’re
basically doing is saying that they no longer like the idea
of a payment plan and would prefer to have all their money
in one lump sum.
A buyer of structured settlement is in it for the
investment. Many victims have been contacted by such a
settlement factoring company. Sometimes you may hear from
more than one company who is interesting in purchasing your
payments.
A settlement factoring company will offer to pay you a cash
lump sum in exchange for your total annuity payment. They in
turn collect your money and they give you a cash payment
that is usually 10 to 15% less than when what your total
annuity payment is worth.
Please know that if you want to sell annuity payment, a
buyer of structured settlement is only interested in it for
its investment value.
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