Structured settlements are a type of annuity that provides a stream of periodic payments. These annuities are a viable option for plaintiffs in wrongful death or personal injury cases.
There are times when a structured settlement recipient may wish to sell some or all of their remaining periodic payments in exchange for a lump sum payment. Fortunately, there are companies who can help with this process.
SenecaOne
A structured settlement is an arrangement that guarantees a set amount of money to be paid out to the claimant over time. It’s a way to help people who have received an injury compensation payout to make sure they are protected.
While there are many companies that buy structured settlements, SenecaOne is one of the top-rated options. This company provides personalized service and helps clients to understand the financial implications of their sales. It is also BBB-accredited and offers A+ ratings.
This Texas-based company has been in business since 2003 and offers a wide range of services. Its employees have years of experience in the field and are ready to help you with all your structured settlement needs.
They offer a variety of loans, including annuity payment loans and prize payment loans. You can get a loan for up to $15,000. The interest rates are fixed, and you have up to 12 months to pay them back. You don’t need to have a credit score or sell any of your settlements to be eligible for a loan from SenecaOne.
You can find out more about their services by visiting their website. They also have a phone number for their customer support. They provide a free quote, so you can compare their different rates and compensation policies before you decide to go with them.
The company also offers pre-settlement funding, which is used to help individuals cover expenses until they receive a lump sum from their case. This can be a great option if you have received a wrongful death or personal injury settlement.
Their service professionals can walk you through the entire process and answer any questions you may have. This is a good way to help you understand the situation and avoid any potential scams.
It is important to research a company before making a decision, as you want to ensure that they are reputable. This will help you to protect your investment and prevent any unforeseen issues down the road.
Another issue to consider is whether a company will give you a quote and a dedicated representative to help you through the process of selling your structured settlement payments. This will reduce your stress and make the process easier for you.
A structured settlement is an agreement between the claimant and the insurance company that gives them fixed payments over a period of time. These payments can be used to meet many different financial goals, such as paying off debts or investing in your future.
Choosing the right structured settlement buyer can be a daunting task, but it is important to do your research to ensure you are choosing a reputable and safe company. This will help you to avoid scams and keep your settlement secure.
Stone Street Capital
The oldest and most well-known of all lump sum companies, Stone Street Capital helps people receive cash for their structured settlements, annuities, lottery payments, and other future payment streams. Founded in 1989, this company has a strong reputation for helping customers get the money they need without creating debt. They are headquartered in Bethesda, Maryland, and maintain an A+ rating with the Better Business Bureau.
They help clients sell their structured settlements and annuities, so that they can use the proceeds to pay their bills or buy something they want. They also work with their clients to make sure they are getting the best possible outcome for all involved.
Their customer service is excellent and they have a solid history of success in the industry. They are also a member of the National Association of Settlement Purchasers, so they adhere to industry standards and are committed to providing their clients with the best service possible.
Although there are some issues with their website and a lack of information, we found that their customer service representatives are incredibly friendly and informative. They will not give you a pushy sales pitch, but rather will calmly answer your questions and help you through the process.
We were impressed by the amount of experience that this firm has in buying structured settlements and annuities, as well as the level of expertise that they have within their staff. They also offer the ability to sell your settlement for cash, which is a great option for people who need a large lump sum quickly and don’t mind losing some of their payment to fees.
However, their site isn’t overly detailed, and the process of selling your structured settlement can take a bit longer than other providers. This is because they have to go through the proper channels and work with a judge.
This is why it’s important to choose a structured settlement company that has a good reputation and has been in the industry for a long time. Look for a firm that has a high customer satisfaction rate and an A+ rating with the BBB to ensure you’re making a good choice.
In addition, a structured settlement company should be able to explain all the legal details of the sale in an understandable and straightforward manner. They should also be able to provide you with a range of fees and interest rates, as well as an average timeframe for receiving the payouts.
RSL Funding
When a person receives a settlement from a car accident, personal injury or medical malpractice case, they often have the option to sell their payments. But the process can be complicated and time-consuming.
One way to avoid these setbacks is to shop around for a structured settlement purchasing company with local experience and knowledge of the laws in your area. These companies can save you time and money by providing accurate information, a fast turnaround and a great customer experience.
A reputable structured settlement company in california will provide you with an estimate and work with you throughout the entire process, including court approval. They’ll even offer a best price guarantee so you can know what you’re getting ahead of time.
RSL Funding has a proven track record of paying out millions in lump sums to customers nationwide. With a team of dedicated customer service representatives who are on your side from start to finish, you can rest assured that your transaction will go smoothly.
Daniel*, a California resident, was able to turn his structured settlement into cash when he called RSL Funding. He needed to use his cash for immediate needs, such as rent and student loans. His representative helped him create a plan to sell part of his settlement to get the money he needed.
Many people who have received a structured settlement from a car accident, personal injury case or medical malpractice case have found that their monthly payments aren’t enough to cover living expenses. They want to cash out their structured settlement payments so they can pay off debt or put money towards a new home or business.
Thankfully, there are several ways to sell your structured settlement for cash in California. Some people choose to sell all their payments, while others choose to sell a portion of their payments in exchange for a lump sum. This is a better choice for people who need a lot of cash but don’t have an immediate need for the full amount.
There are a few things you’ll need to consider when selling your structured settlement:
The Structured Settlement Purchasers Act of 1982 governs the sale of structured settlement payments, which are payments that a person receives after an injury or accident. The law was designed to prevent people from taking advantage of the resale market and to protect tort victims.
This law requires a court’s approval before the sale can be completed. It also limits the ability to sell a settlement to those who meet certain criteria, such as proving that the sale is in the victim’s best interest or protecting against financial harm.
RSL Funding is a structured settlement company that pays customers lump sums in return for their structured settlements, annuities and lottery winnings. They have a reputation for paying out huge amounts of cash to thousands of customers and have received positive reviews from the media and from customers themselves. Whether you need a lump sum to help you buy a home, pay your bills or start a business, RSL Funding has the cash for you.