This is called secondary market annuities.
Selling a structured settlement annuity.
You can sell your annuity or structured settlement payments for cash now.
Selling your structured settlement is perfectly legal when a judge approves the sale.
Find out more about secondary market annuities.
This is transfer is called a structural settlement factoring transaction.
Once terms are finalized there s little you can do to alter them if they do not meet your needs.
Annuities can be sold in portions or in entirety.
There are no exceptions.
Despite the best laid plans life situations might change and what made sense when a structured settlement was created may become derailed by an unanticipated occurrence or living beyond your means.
Selling a structured settlement is a money loser 100 of the time.
Unlike commercially available annuities structured settlement annuities are always subject to court approval.
Call the company to get a free quote.
Yes a judge must approve the sale of your structured settlement.
Research companies and choose a credible buyer like drb capital.
If your financial needs have changed recently selling the rights to these payments in exchange for a lump sum payout from a company that specializes in buying annuities can give you some financial flexibility.
Basically you sell your structured settlement payments at a heavy discount via a settlement transfer in exchange for a lump sum of cash.
There are only a few basic steps in the whole process of selling a structured settlement.
Funds are not immediately accessible in case of an emergency and the recipient cannot place a lump sum payout in other.