Selling Process
Selling structured settlement payments process
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Selling structured settlement payments is a simple and fairly quick process
- Annuitant contacts few factoring companies to get a competitive quote
- A structured settlement expert contacts the annuitant (seller) to understand the annuitant current and future needs.
- Annuitant (seller) accepts a quote received from the structured settlement experts
- Copies of disclosures and contracts are sent to the annuitant (Seller) to be signed.
- Factoring company will send the signed documents to their attorney located in the annuitant’s state to be filed with the annuitant’s local court.
- A hearing date is scheduled by the annuitant’s local court.
- The judge may want to have the annuitant appear in front of them to determine if the transfer is in the best interest of the annuitant.
- The judge has to approve and sign the order.
- The approved order is then sent to the insurance company for their acknowledgment.
- The annuitant is funded by the factoring company.
Please call us should you have any questions or inquiries about any selling your structured settlement payments and the process involved 1-866-256-0088
