You Have a Structured Settlement. Now What?
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August 14, 2017Get Money Selling Structured Settlement Payments
Structured settlement recipients are often comforted by the fact that they will receive regularly scheduled payments for a specified period. Then something comes up – unexpected home repairs, you need a new vehicle, unforeseen medical expenses strike, you want to pay off your loans, or further your education. You may be able to sell a portion or all your future payments for a lump sum of cash. Whatever your case may be, it is important to understand the process for getting money for structured settlements.
Cashing Out Money for Structured Settlement Payments
The process of cashing out your structured settlement payments may seem somewhat overwhelming, so it is important to find a company that you can trust. Look for companies that take exceptional care of sellers, such as DRB Capital. Should you choose DRB Capital, you will be assigned a designated representative that will work with you or your independent advisor every step of the way! They help to make a complicated process easier.
Qualifying Structured Settlements
Not all structured settlements allow for the owner to sell their future payments. There may be an agreement that only allows you to cash out under certain circumstances.
It’s important to work with a company that understands the sale of structured settlement payments. When you or your independent advisor speak with your designated DRB representative, you or your independent advisor will be able to find out if you can sell your payments. The company’s representative will ask you or your independent advisor several questions. They will confirm that your structured settlement does indeed qualify. If you have a structured settlement as a result of a lawsuit that is being paid by an insurance company, they can move forward in the process in most cases.
You or your independent advisor will also be asked why you are in need of the money, as this is a very important factor for a court to determine if you will be able to sell structured settlement payments. Your designated representative will work with you or your independent advisor through the entire process.
How Much Will You Receive?
The amount you will receive depends on a few things. Your dedicated representative will ask you if you are currently receiving payments under a structured settlement. If you are already receiving payments, they may need to know how much you are receiving and at what frequency (i.e. monthly, quarterly, annually).
Next Steps
Call DRB Capital today at 877-894-4541 to speak with one of our experienced representatives to see how you can get money for your structured settlements today. We know that you may have a lot of questions, and we’re here for you!
DRB Capital does not provide professional financial or legal advice and the Site is not intended as a substitute for professional financial or legal advice. Persons accessing this information assume full responsibility for the use of the information and understand and agree that DRB Capital is not responsible or liable for any claim, loss or damage arising from the use of the information. All content provided is for informational purposes only. DRB Capital makes no representations as to the accuracy, completeness, currentness, suitability, or validity of such content and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use.
