If you are in immediate need of cash to achieve your financial goals, you might consider selling your structured settlement. There are a number of reasons why structured settlement owners would consider selling, and they include the following:
- Putting down a down payment for a home
- Paying medical bills
- Reaching a divorce settlement
- Taking advantage of a new investment opportunity
- Paying tuition for a child in college
In order to sell a structured settlement to a prospective buyer, a structured settlement owner will need to appear before a judge who will rule whether or not the transaction can go through. This is done for the protection of the structured settlement owner to ensure his or her financial wellbeing. Also, it’s important to know that the structured settlement owner will bare most of the burden of the legal process.
When Does It Make Sense to Do a Partial Sale of a Structured Settlement?
Did you know that you don’t have to sell your entire structured settlement if you don’t want to? Firms that purchase structured settlements will often offer to customize a sale, so the owner of a structured settlement can still receive payments and sell off a portion of the structured settlement.
Let’s say, for example, you have a structured settlement that is worth $200,000 and you need $25,000 for a down payment on a home. You don’t want to sell your entire structured settlement for a lump sum of cash because you don’t need that much money. Instead of selling your entire structured settlement, you can do a partial sale, so you can get the money you need and still receive payments in the future from your policy. In addition to that, a judge may look more favorably on a partial sale and approve the transaction.
If the idea of a partial sale of your structured settlement sounds good to you, we encourage you to contact us today. At Sell Any Annuity, we guarantee we will help you find buyers who can offer you the highest buyout bid – many of which can even provide cash advances to qualifying candidates. We only partner with structured settlement buyers who do not engage in high pressure tactics, and our partners make the entire process as transparent as possible.
We encourage you to contact us today at 855-895-7394 to discuss your options and learn how you could get paid. You could receive cash for your structured settlement before you even know it.