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Who Can Buy My Structured Settlement Payments

Sell Structured Settlement Payments

Structured settlement payments are awarded to people from various types of lawsuits ranging from automobile accidents, wrongful deaths, products liability, or medical malpractice.  These types of settlement annuities provide people with periodic payments that are for a set term or even for the life of the annuitant.  These periodic payments can be monthly payments, quarterly, semi-annual payments, annual payments or periodic lump sum payments.  These annuity payments are typically issued by a highly rated life insurance company.

 

It is very common for recipients of these types of annuities to have a change in circumstances and they would rather have a large lump sum payment rather than receive their payments in the future.  The only problem is that the underlying structured settlement agreement will not allow the annuitant to change the payment dates or amount of the settlement annuity.  The only way that a claimant will be able to receive a lump sum cash payment at this point is to sell their rights to collect the future settlement annuity payments to a buyer of structured settlement payments.

 

There are a variety of settlement annuity buyers out there.  For example, there are some annuity companies that buy your future payments, there are finance companies, and there are brokers who also buy future settlement annuity payments.

 

Some annuity companies purchase settlement payments from their structured settlement annuity customers.  These companies will usually provide lower offers to their customers than finance companies or even brokers.  Be very leery of offers from an insurance company; try shopping around to find the best rates for your annuity payments.

 

There are also specialty finance companies that purchase settlement annuity payments.  These companies value annuities by using their present day value of the future payments that are being purchased.  For example, a gallon of gas 10 years ago cost a lot less than a gallon of gas today.  These companies can figure out how much your future payments are worth today and they use these calculations to provide you with money today rather than 10 or 20 years in the future.  These companies provide you with options that best suit your current financial need.

 

There are also brokers that buy future settlement payments. They basically act as a middleman for specialty companies or direct buyers of annuity payments.  Be careful of brokers as they may not provide you with the highest or best option that suites your needs. 

 

In Conclusion, when you want to sell your future structured settlement payments, please speak with a financial specialist, consider all of your selling payment options, only sell your payments if you must, work with a company that you feel comfortable with, and read your state required Disclosures, and be familiar with your statutes (Click here for state statutes http://www.sellmyannuitydirect.com/learning-center/state-statutes.php)

 

U.S. Settlement Funding, LLC is a direct purchaser of Structured Settlement Payments and Lottery Prize Payments.  It is our core competency to provide you with the Most Money for your Future Structured Settlement Payments and Future Lottery Prize Payments.  Our financial specialist will help you create a financial plan that meets your goals.  If you have any questions please call us at 888-697-6446 or fill in the Instant Free Quote Form to the right.