Looking for the right buyer of structured settlement annuity? Finding a buyer is no easy task however there are certain guidelines you can follow. When looking for the best buyer, ask yourself these important questions: What types of programs are offered? How much money will I get? How fast and reliable is the company buying my structured settlement annuity? Even if you are in desperate need of cash, you need to study the offers that come your way. In most cases you may not get the offer you need or the amount of money you want.
Who are Buyers of structured settlement annuity?
Structured settlement buyers, like iSettlements.com, are primarily businesses that pay a negotiated lump sum for a structured settlement or annuity. The seller turns monthly payments into a lump sum of cash that can be used for any purpose. A reputable buyer of structured settlement annuity payments encourages a seller to consider all the options before signing over any distributions. It is always a good idea to get a third parties’ advice on transactions and contracts. Do your homework and look at reports and reviews. Some Buyers of Annuity Structured Settlement have frightening reviews on the web, from people who have used their services. A reputable company should offer the seller with the following:
- Options: Depending on your needs, you can sell all or just a portion of your future payments for a lumpsum of cash.
- Expert Advice: The buyer should have a team of account executives that can assist and educate you on the process and answer any questions you may have. If you are not getting complete and satisfactory answers to your questions, if you feel the representative is being vague or you feel there is a lack of communication, look for another buyer.
- Fast Results: The typical timeline to convert your payments to cash is 60-90 days, depending on your state. Some companies can provide you with a cash advance while your transaction is processed.
Ask the buyer of structured settlement annuity to breakdown the costs and charges associated with the sale, the total of the settlement, the amount the seller would receive and any penalties that may apply. It is important to understand that when you sell, you don’t receive the full amount of money the settlement is worth. However, what you do get will help you out in a dire financial situation.