Maximizing Flexibility: Selling a Portion of Your Structured Settlement

Most people opt to sell a certain portion of their future structured settlement payments. Doing this means they will resume receiving payments in the future.

Structured settlements offer a reliable source of income for individuals who have received a financial settlement, typically as a result of a personal injury or other legal cases. While structured settlements provide stability, some individuals find themselves in situations where they require immediate cash or desire increased financial flexibility. In such cases, selling a portion of their structured settlement payments can be a viable option.

You are not required to sell the entirety of your structured settlement. Depending on how much money you anticipate you will need, you can sell a single future payment or multiple. Whether you sell a portion, or the entirety, of your structured settlement payment stream, you transfer your payment rights to the purchasing entity in exchange for a lump sum payment.

Here are the steps you need to take:

1. Call District Settlement Finance for a free evaluation When you call us and provide us with how much money you need, our representatives will check to see whether you qualify to sell and provide you with a competitive quote.

2. Accept our offer, then submit your contract You will be required to sign and return a contract to us after you accept a quote that details the details of your agreement. Our team will then take care of any paperwork required to finish the transaction, including setting up a court date for you to get a judge's approval.

3. Attend your court date. Your payment rights cannot be transferred without the court's approval. Depending on the process, it may take six to 10 weeks. The judge will ensure that the transaction is in your best interest and that you understand the terms. Don't worry, we'll explain everything to you before your court date so you'll know what to anticipate.

4. Receive your lump sum. Depending on your preference, we can pay you via wire transfer, direct deposit, or check. Yes, it is that simple.

Selling a portion of structured settlement payments can give individuals the necessary financial flexibility without compromising their entire settlement, whether it's for addressing immediate financial needs or adapting to changing circumstances. To ensure the best outcome for your unique situation, it is important to carefully weigh all the factors involved, seek professional advice, and work with a reputable structured settlement buyer.