We’re not just another structured settlement purchaser: At Strategic Capital we can work with you to ensure that your money is working its hardest. We do this through consultation and, perhaps, buying your structured settlement payments. But there are some things you should understand before you sell your payments.

What are Structured Settlement Payments?

Structured settlements are payments that come from personal injury claims. These settlements are arranged for the annuitant to receive regular payments from an insurance company over a set period of time. In short, if you get hurt and the court awards you money, it is likely that a payment structure will be set up.

Why would I want to Sell My Payments?

Regular payments are great and can offer security. However, there may be times when you suddenly need to sell some of your structured settlement payments because you have a need for a large amount of money now. You might need to pay for college tuition, to put a down payment on a house, to pay off debts, and so forth. Whatever the reason, if your life situation has changed since your payment schedule was designed, you may have options to get your money into your hands sooner by selling your structured settlement payments. An honest structured settlement purchaser, like Strategic, can help you make an informed decision.

Is it Legal to Sell My Payments?

It is legal to sell your payments throughout the entire United States. In fact, federal and state laws protect this right. Even if your structured settlement paperwork says that you cannot sell your settlement payments, you probably still can. Strategic Capital is a reputable structured settlement purchaser who can help you determine if you can sell your payments and if it is the best financial move for you.

Will I have to Pay Taxes if I Sell my Payments?

Most of the time you do not have to pay taxes on your lump sum cash out. This is because most personal injury payments are not taxable as income, whether the payment is in small amounts or a lump sum. On the other hand, lottery payments are usually taxable. Thus, it is important that you talk to a financial advisor or tax professional before you sell your payments. While Strategic Capital is knowledgeable about the process and can inform you in many areas, we are a structured settlement purchaser; we do not give tax advice and we recommend that you check with a tax professional.

Will it Cost Me Money to Sell my Payments?

Yes, it will cost you money to sell your payments. Certainly any structured settlement purchaser who will take your future payments in exchange for a lump sum of cash now will need to earn some money on the transaction. In some cases this charge could be very high and not in your best interests. However, with Strategic Capital we charge only reasonable rates, never gouging you, cheating you, or encouraging you to sell your payments when it is not good for you.

Call Strategic Capital and ask for a no-obligation structured settlement quote to find out how much your total future payments would be worth in a single lump sum now.