How to Sell Structured Payments
In order to sell your structrued income stream, and to get the most value out of it, it is essential to consult with a professional who is highly experienced in properly assessing the true value of your structured settlement, and well versed in the entire process involved.
Selling of structured payment revenue stream is considered to be a significantly complex process. It is important, therefore, to hire a structured settlement professional well versed in all the financial and legal processes involved.
It is imperative to ascertain that the professional that you are going to retain to help you with the annuity Transfers is has:
- years of experience in structured settlement /annuity transfer transactions,
- been in the business for several years,
- knows the entire process -especially the legalities involved,
- successfully concluded several structured payment/settlement transactions through to court system,
- a good track record, and
- a list of references (recent clients) that you can independently check out.
Why it is important to retain a structured payments professional?
The consequences of not having a true professional handle the selling of your structured payments could be devastating -ranging from you not receiving the best value, to having a judge denying the sale of your structured settlement payments in its entirety.
How long does a typical process of structured payments reassignment/selling take?
Most cases take between 60 to 90 days from the day you retain a structured payments professional to help you with the selling of your structured payments revenue stream. Some times, it takes even longer before a judge approves the transfer of your structured payment rights to the buyer.