Choose a company with an excellent reputation for delivering competitive fees and prompt payments in full. The structured settlement industry has its fair share of fraudulent companies taking advantage of people who need the cash from their lawsuit win right away. Check online reviews and get references to avoid fraudulent companies.
Full Answer
Can I Sell my structured settlement payments?
In most cases, when someone has decided to sell, or transfer the rights to, their structured settlement payments, it is because they need money immediately. But the process of selling structured settlement payments is not quick. This puts the seller in an unfortunate position, unless they can get a cash advance from the buyer.
Can I get a cash advance on structured settlement payments?
But the process of selling structured settlement payments is not quick. This puts the seller in an unfortunate position, unless they can get a cash advance from the buyer. Many factoring companies offer cash advances under specific circumstances.
Who pays the structured settlement funding amount in a QSF case?
The Defendant/Insurer or QSF Trustee pays the Structured Settlement Funding Amount to the Qualified Assignment Company. T he Qualified Assignment Company assumes the obligation to make the assignee assumes this obligation. The plaintiff agrees to look to the assignee as the obligor for the promised future periodic payments.
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