Structured Settlement F.A.Q

Q: What If I Don’t Want To Sell My Entire Settlement?

A: This happens quite a bit. You may have a large lump sum, but only have a need for a small portion of the money now. That’s OK, explain how much money you need when you talk to our consultants; and we can talk about your options with regard to selling part of your settlement.

Q: Can I Take Time to Think About It?

A: We want to give you all the time in the world, and in all actuality, you have all the time in the world. However, when it comes to our quotes, there will be an expiration date. This is because market changes could change the value of your settlement before we purchase it if the quote is outdated. That being said, when you speak to your consultant, they’ll be able to explain how long your offer will last.

Q: Am I Obligated To Sell Once We Talk?

A: Absolutely not. All consultations are absolutely free with no obligation. If you get a quote and you like what we have to offer, we’d love to purchase your settlement. However, if you’re not happy with the offer, you are not obligated to sell by any means

Q: What If I Change My Mind After Signing?

A: In many cases, once you’ve had more time to think, you may decide you don’t want to sell your settlement. Most states have statutes that demand a cooling off period once a settlement is agreed to be sold. This period is generally between 3 and 10 days depending on the state. In some states, it may be longer. Look into your local statutes to learn more about cooling off periods.

Q: How Does The Process Work?

The process is fairly simple and straightforward. Here’s how it works…

Step 1: Accept Our Offer – Before anything happens, you will need to accept the offer we make.

Step 2: Sign Paperwork – As with any sale of an asset, there will need to be paperwork signed. Either we can send a notary to you or you can print, sign and have the paperwork notarized on your own. It’s up to you.

Step 3: Cool Off – At this point, before we can move forward, we have to wait for the cooling off period to go by. In this time, we ask that you really think about the decision you’re making and other options you may have. Once the cooling off period is over, we’ll move forward with step 4.

Step 4: Settlement Issuer Call – We will make a call to the issuer of the settlement to inform them of the plans and follow any procedures necessary.

Step 5: Court Attendance – To make sure that the sale of your settlement is in your best interest, you will need to attend court. The process is very simple. You will attend court; tell the judge why you plan to sell your settlement and the terms of the agreement. From there, the judge will make a decision as to whether or not selling is in your best interest.

Step 6: Funding – Once we get the OK from the courts to purchase your settlement, we will deposit the funds to your account via bank wire within 24 hours.

If you have any other questions, please contact us.