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.
The process may seem somewhat overwhelming, so it is important to find a company that you can trust. Look for companies that offer exceptional customer service, such as DRB Capital. Should you choose DRB Capital, you will be assigned a designated representative that will work with you every step of the way! They help to make a complicated process easier.
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 speak with your designated DRB representative, you will be able to find out if you can sell your payments. The company’s representative will ask you 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 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 your future payments. Your designated representative will work with you through the entire process.
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).
Call DRB Capital today at 877-894-4541 to speak with one of our experienced representatives. We know that you may have a lot of questions, and we’re here for you! Our customer service is the best in the industry and we will help you every step of the way.