Article Categories
» Arts & Entertainment
» Automotive
» Business
» Careers & Jobs
» Education & Reference
» Finance
» Food & Drink
» Health & Fitness
» Home & Family
» Internet & Online Businesses
» Miscellaneous
» Self Improvement
» Shopping
» Society & News
» Sports & Recreation
» Technology
» Travel & Leisure
» Writing & Speaking

  Listed Article

  Category: Articles » Finance » Article
 

How to Sell a Structured Settlement Payment




By Joshua Shapiro

Structured settlement payments are not always the benefit they are made out to be. If you find yourself with a structured settlement but in need of a lump sum payment, you may be able to sell your structured settlement payments in exchange for the money you need now.


To sell your structured settlement payment, the first step is to find a buyer. There are many companies that specialize in purchasing structured settlements and annuities; you just have to decide which one to go with. You can begin your search on the internet but there may also be local companies you can utilize. Once you decide on a company, it is time to begin the paperwork for the transfer.


Most companies will want to see the contract and other paperwork setting up your structured settlement. These documents provide all the necessary information to evaluate the asset and to determine if it can be bought and transferred. There will also be other documents the company needs you to fill out in order to transfer the structured settlement to you in exchange for a lump sum of money. These documents will vary by company, but will usually not be too cumbersome. Most companies will at least have a basic contract for this purpose but others may very well have a mountain of paperwork to fill out and sign.


The final step in selling your structured settlement is receiving the lump sum payment. You may have the option between receiving a cashier's check for this transaction or to have it directly deposited into your bank account. Direct deposit is a good option to alleviate unnecessary hassle. It can also be done considerably quicker than cutting and mailing a check. However, all companies may not have this option available.
 
 
About the Author
To learn more about how to sell a structured settlement payment, Joshua Shapiro recommends Structured Settlement Sell. Please see http://www.structuredsettlementsell.com/articles/advice/only_sell_a_structured_settlem.html for more information.

Article Source: http://www.simplysearch4it.com/article/33664.html
 
If you wish to add the above article to your website or newsletters then please include the "Article Source: http://www.simplysearch4it.com/article/33664.html" as shown above and make it hyperlinked.



  Some other articles by Joshua Shapiro
Where Can I Get a Free Structured Settlement Quote?
Obtaining structured settlement quotes is key to getting the best price for your asset. You will never know how much you can really get unless you get out there and test the water. This is especially true ...

What is a Structured Settlement Quote?
When you first begin to venture into the unknown world of the structured settlement market, you may not have a clue what you are getting into. You may not know how much ...

The Lowdown on Structured Settlement Funding
Structured settlement funding is one of the many terms used to describe cashing in a structured settlement for a lump sum of cash. Structured settlements are basically payment plans which pay ...

The Lowdown on Structured Settlement Transfers
Everyone has seen the commercials – "Get cash now for your structured settlement payments!" Have you ever wondered what the real deal was with those companies and ...

You Need It Now: Get Cash Flow for a Structured Settlement
You probably did not have a crystal ball when you agreed to accept a structured settlement; you had no idea what the future held and how it would affect ...

The Lowdown on Structured Settlement Sales
A structured settlement is an arrangement in which an award, often from a lawsuit or claim, is paid out over time. This type of ...

  
  Recent Articles
Tenants With Poor Credit Even Enjoys Loan
by Turk Malloy

The UK Consumer's Guide to Shopping for Car Insurance Online
by Mary Simone

Are You Throwing Your Money Away?
by John Cranley

Easy personal loan to finance your desire!
by frank howard

Bad credit consumers can still find sources of financial assistance
by Martin McAllister

Setting up a Merchant Account
by John Tillman

Individual Voluntary Arrangement: How Does It Work?
by Martin McAllister

Stop Foreclosure - We buy houses
by Ron victor

Tax foreclosures property investment could be a nightmare investment
by mike

Spotting tax foreclosure property in USA
by mike

Making money online is virualy free
by Phill Evans

Online Criminal Background Checks: Importance & Ease
by Asel Retrac

Can't connect to database