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How Do I Sell my Structured Settlement Payments?



Selling all or part of your structured settlement payments may seem like an intimidating task. There are a number of steps to consider, and most of them require some form of legal knowledge. There’s paperwork to fill out, court dates to make, and lots and lots of waiting. Here, we break down the steps for you and hopefully make selling your settlement payments a little easier.

Step 1: Give us a call or send us an email. We can’t get this ball rolling without you. Once you contact us, we’ll be able to find the ideal buyer for you and offer you a quote. Keep in mind that these quotes are all offered without any obligation. You don’t HAVE to sell to us, or to the buyers we suggest. That being said though, all of our quotes are based on current market value and that is subject to change at any time. While you are not obligated to sell, the value of your quote will not be the same if you wait too long.

Step 2: Paperwork. Yes, we know. Filling out paperwork is tedious and time consuming, but in this case, it’s necessary. You’ll have one of our trained and professional team members with you to facilitate the process and get all of the paperwork ready to be sent off.

Step 3: Consideration. Almost all states have a mandated consideration period after the paperwork has been signed. This is to allow you to truly think about your decision and to determine if selling your settlement payments is the right choice for you. Depending on the state, this ‘cool down’ period can last from 3-10 days. This is not a decision to be made lightly, and we encourage you to take all the time you need to consider it. You can change your mind about the sale at any time during this period.

Step 4: Going to Court. All settlement payment sales have to be approved by the courts of whatever state the seller resides in. This is designed to make sure that the sale is in your best interest and that you are getting the best deal possible. These judges have every right to deny the sale if they feel that it could potentially cause you problems in the long run, or that you are not selling your settlement for the right reasons. If the court denies the sale, you stop here and continue to receive your settlement payments as scheduled.

Step 5: Payment! If the sale is approved, all you need to do is sit back and wait for the money to start rolling in. If all goes well, you will receive your payment within 6-8 weeks from the date of acceptance. This can be delivered as a paper check to your mailbox, or as a direct wire transfer.

It’s really as simple as that. One of our trained team members will be with you every step of the way to make sure that your settlement sale goes smoothly and your entire experience is one to remember.