When you choose to sell a structured settlement, you should ensure you obtain the best possible price. Your experience should be error-free and straightforward, and it should result in the highest potential value from the sale. Consider whether selling your payments is the best next move for you before selling your payments outright.
You Need a Lump Sum
In certain cases, you may have been given the option to choose a structured settlement, but in others, you may have been required to accept one because of the conditions of the settlement agreement. Although your structured settlement was intended to provide you with financial assistance over a lengthy time, your circumstances may change. You may want a lump sum to meet expenses or pay off debts immediately.
Having a lump sum available to spend now, rather than receiving assured payments over time, may be preferable when you have an emergency situation to address. It may be worthwhile to sell a structured settlement if you need a large sum of money right away.
Are There Any Catches to Selling?
When it comes to selling your settlement money, you might be wondering whether there’s a catch. In truth, after you’ve finalized the transfer of rights to a buyer, you’ll receive your cash straight from companies like We Pay More Funding, and that’s it.
When considering if selling your structured settlement payments is the best option for you, it may be useful for you to talk with a financial advisor. You should also examine the requirements of your spouse, children, or other family members who your financial decision may impact.
