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Who Buys Structured Settlement Payments?

Posted on September 27, 2021June 9, 2022 by Aileen Agnew
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If you have won a civil lawsuit, you deserve to get the settlement in full. But unfortunately, defendants can opt to pay the settlements over time. As a result, you will get a small amount either every month or every quarter. It can be a problem if you need the money to pay your medical bills or to make life-changing purchases.

Fortunately, you can get the money by selling your structured settlement payments. If you are wondering who buys structured settlements payments, there are a lot of options you can consider.

Companies

The first option you will find when you ask the internet who buys structured settlement payments is financial companies. There are plenty of such companies that offer a lump sum payment in exchange for your structured settlement. Each company has its own rules when it comes to buying structured settlement payments. You can get the quote and the disclosure statement and then go over them with your attorney to find out which company is best.

Independent Buyers

One of the answers to who buys structured settlements payments will be independent buyers. But there is a lot of risk involved with this option. Independent buyers may not offer you a contract. As a result, you can’t be certain that they will pay you the promised amount after buying your structured settlement. Companies with an established name are more trustworthy than independent buyers who have nothing to show for their name. So, it is much better to go with a reliable company if you want to sell your structured settlements.

Contact We Pay More Funding LLC for more information.

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