Click me
Transcribed

Tips on how to find the right company to buy your structured settlement

TIPS ON FINDING THE RIGHT COMPANY ( TO BUY YOUR STRUCTURED SETTLEMENT People interested in selling annuities and structured settlement payments turn to structured settlement companies in what is known as a secondary market. The secondary market started about 25 years ago and has grown dramatically as it has developed into a competitive and regulated industry. 1 ASK FOR A QUOTE Most structured settlement companies can get you a quote in just a few minutes with the right information. WORK WITH A COMPANY THAT HAS 2 EXPERIENCE BUYING ANNUITIES IN AS MANY STATES AS POSSIBLE. Why? The laws can be very different. Forty-eight states have some sort of Structured Settlement Protection Act (SSPA), but exact legal requirements and procedures vary by state. Wisconsin New Hampshire Washington D.C. I DOES NOT HAVE STUCTURED HAS STUCTURED SETTLEMENT PROTECTION ACTS SETTLEMENT PROTECTION ACTS Today, only New Hampshire, Wisconsin and Washington, D.C., do not have Structured Settlement Protection Acts. ASK ABOUT DOCUMENTATION AND PROCESSING TIMES. Depending on your state and how quickly you gather required documentation, you will receive funds within 30 to 90 days. 4 IS IMMEDIATE CASH AN OPTION? 24 You don't always have to wait 30 days. Most companies offer cash advances or immediate cash. ASK WHAT KIND OF DOCUMENTATION WILL YOU NEED? This may depend on the state and company you go through, but generally you will need two forms of identification, one being a valid picture ID. A copy of your settlement and release document (a document about three to 10 pages long). A copy of your structured settlement/annuity policy (two to three pages with the original dates of your payments and the term of your structured settlement agreement). READ COMPANY REVIEWS 85% 9/10 of consumers claim to read people put the same amount online customer reviews for of trust in reviews on the local businesses. internet as much as personal recommendations. WHAT DOES THEIR WEBSITE LOOK LIKE? IS IT INFORMATIVE? CAN YOU EASILY FIND WHAT YOU NEED TO KNOW? of consumers use the Internet 85% for research before making a purchasing decision. SOURCES: annuity.org/selling-payments/buyers annulty.org/process/state-differences jgwentworth.com/en/resources/structured-settlement-faqs annuity.org/process/documents komarketingassociates.com/industry-news/9-10-people-trust-online-reviews-much-personal-recommendations-1502 blog.reputationx.com/online-reputation-management-statistics Brought to you by: (123 LUMP SUM ***********++*+************** www.123lumpsum.com

Tips on how to find the right company to buy your structured settlement

shared by lumpsum on Oct 26
20 views
0 shares
0 comments
There are plenty of reasons why people look for ways to get out of a structured settlement — and the majority of reasons focus on the fact that it can take years, or even decades, for the recipient ...

Category

Economy
Did you work on this visual? Claim credit!

Get a Quote

Embed Code

For hosted site:

Click the code to copy

For wordpress.com:

Click the code to copy
Customize size