OK, so you are willing to sell your payments to a structured settlement company, but - are they reliable? Can you trust them?
A structured settlement-company may be a company that is selling structured settlement annuities, thus annuities that are structured to be paid out over time in periodic payments.
Those preset payments can't be changed later, but the annuitant can still sell others the rights to receive the future structured settlement payments.
A secondary structured settlement buying company may buy out the rights to receive the long term payments that may be structured to many years. In return, the claimant will receive an immediate lump sum payment for use instead of waiting a long time to access the money of the structured settlement payments.
This information is about a structured settlement buying company that is buying out existing structured settlement payments, not an insurance company who is selling structured settlement annuity plans to plaintiffs.
Thus, if you are a claimant receiving structured settlement payments, and you are willing to sell payments, or part of your payments, and are looking for a structured settlement company to buy out payments from you and pay you a one time lumpsum in return, then a secondary structured settlement payout company is actually what you are in search for.
Your search for such a company will immediately bring up many results. Many companies are competing on cashing out your future payments. The trick is to sip through the information, submit Free Quote forms, review the terms, question the companies, ask for the details, read the small print. See what you are offered by each structured-settlement buyer company (including price, but also in terms of giving service and of course, reliability). Settle for the best one.
Here are some tips to use when you are considering to sell your lawsuit settlement payments for a structured-settlement company: