Structured SettlementsCourt awarded structured settlements and annuities are future payments paid by a life insurance company to compensate an injured person as a result of a personal injury lawsuit, wrongful death, medical liability and other types of court ordered settlements. Plaintiffs are often awarded large judgments but must receive them over monthly payments. You can sell all of this future payment stream for all cash. Or sell an agreed number of payments. Some companies will also buy work related settlements, some won't. This is typical of the information a structured settlement buyer will need to know: Name of insurance company paying the settlement ......................... State you live in ................ What type of settlement....................... (car accident / personal injury / wrongful death / work related / other ) Have you sold payments before .............. If yes, to what company, what payments ................... How are the payments made ................... monthly / quarterly / annual Payment amount ....................... On what day ........................ Do payments increase in the future ..... Yes or No. If yes, date and amount of increase ................... If you receive lump sum payments, when are you scheduled to received them and how much are they ........................ How many payments would you like to sell.......................... How much do you want for them .......................... |
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