Proven Track Record of Distribution of Cash for Structured Settlement

Proven Track Record of Distribution of Cash for Structured Settlement

Somewhere in the United States someone is waking up this morning and facing a situation that at least contemplates them looking to get cash for structured settlement.  They may ponder whether to call their lawyer for advice, speak to their financial adviser or maybe even reach out to someone at the local bank.  These are not bad places to start in the search.

You may even have in the back of your mind those constant commercials on television for “cash now” and think about calling that company. If you are reading this post, you have decided to do a little homework before moving forward with one of the paths referenced above or you might have already done one of these things and are still looking for more information or direction or alternatives.  At CSF we pride ourselves on our proven track record of exchanging cash for structured settlements, in whole or in part.

The process of doing so is not simple- even if we make it seem that way to our customer. In order to get a lump sum of cash for a structured settlement, the company, the structured settlement buyer, must comply with a series of federal and state regulations that say how and when a buyout can occur.  Compliance with these laws is not for the novice or inexperienced and any company not familiar with the laws can lead down a long and windy process that delays the receipt of the lump sum they promise.

At CSF, our goal is to make the process as smooth and quick as possible but at the same time rigorously comply with the laws of both where you live and the nationally enacted law.  In doing so, we will explain to you the various steps and elements that are required so you do not only know what is going on but you understand.  Whether you are selling a large structured settlement for cash or small annuity payments you received from a lawsuit settlement, we are here to provide you with fair, honest quotes and general/specific explanations of what is required of you to get cash.

Contact our team- ask your questions- and learn why we are the structured settlement buyer to chose when competency and experience matters.

We look forward to speaking with you:  800-317-2769

Presenting Sale of Structured Settlement to Court

Presenting Sale of Structured Settlement to Court

With the passage of federal and state laws, the sale of a structured settlement for a lump sum must be approved by a judge.  Sounds strange?  It can feel that way if you are looking to sell structured settlement payments for the first time.  In order to get permission to cash for your settlement, a judge must determine among other things, whether or not it is in your best interest to convert your future asset to an immediate lump sum.  This can only seem more confusing if you are familiar with those tv commercials from a structured settlement that offer “cash now”.

Cash now is all relative.  If you have structured settlement payments due in 5 to 10 to 20 years, “cash now” refers to not waiting that period of time that the periodic payment stream under the settlement agreed to.  So how does a court decide whether you should get “cash now”?

There is no black and white answer to it.  Whether you are 80 years old or 18 years old, an annuitant- the person receiving the structured settlement- can not go about getting cash for structured settlement in form of a lump sum, without the company buying the payments getting approval.  If the company fails to get approval or doesnt get a court order in compliance with the law, there can be serious tax consequences.

So what is the best way to get a court to approve the sale of the structured settlement?  The answer is “preparation”.  While that may sound corny, presenting the judge with a compelling reason why you need to sell your structured settlement or it is in your best interest to do so is critical.  The more you can document or detail your reason, the better.

Avoid Having a Judge Deny Your Sale of a Structured Settlement

Avoid Having a Judge Deny Your Sale of a Structured Settlement

 After all, the Judge only wants to what is right and if you show him or her, that you have thought it through and your life will be better to move forward with the sale of structured settlement as opposed to keep them, that will go a long way.

An experienced structured settlement buyer is also helpful to work with.  They will likely have better documents, more experience preparing people for court, and maybe better relationships with local lawyers.  At CSF, we take pride in how are customers are prepared for court and how the matter is presented to the judge.  While others may cut corners in this regard, we focus time and energy to make sure your experience is the best one possible

Call Today and Let Us Answer Any Questions You May Have

800-317-3769

How to Compare Offers You Get for Cash for Structured Settlement to Buyers

How to Compare Offers You Get for Cash for Structured Settlement to Buyers

We frequently see two two of “structured settlement” shoppers.  The first shopper calls us with offers to buy his/her structured settlement that they have received from other companies.  It is a straightforward approach:  ”I have already spoken to multiple structured settlement buyers and want to know if you can beat the best offer i have to purchase my structured settlement.”  Proceeding in this fashion, allows the customer to get apple for apple quotes.

How to Compare Your Best Structured Settlement Buyout Offer

How to Compare Your Best Structured Settlement Buyout Offer

The second type of shopper operates slightly differently.  Instead of telling us the best offer they have, they want us to give them our offer to purchase structured settlement payments.  Although this type of seller acknowledges that he/she has spoken to many companies, they want to know what our offer will be without reference to existing buyout proposals they have received.  We appreciate this tact and will comply but in many cases and situations this is not the best way for the seller to proceed.

Here is why:  not all offers or buyout proposals are the same.  For example, some companies charge fees that deducted from the purchase price.  We do not know every company and the policies about charging fees but if you disclose to us who the other companies are we can tell you if we are aware that they do or do not charge fees (or have in the past) and could also help you look on the documents to see.

Another reason to disclose offers from other companies when you speak to us is that your offer may be for different payments than you tell us and we can often tell if the amount you are quoted is much different.  For example, say you get $1500 per month from Metlife as part of a structured settlement.  You call a company, tell them this.  You tell them that you are looking to sell $500 of the $1500 per month, however.  Notwithstanding what you request, and maybe completely by accident, they run a quote to buy the full $1500 per month.  Obviously, buying $1500 per month would allow them to provide you more cash for a structured settlement  when compared to a purchase price on only a partial sale of monthly structured settlement payment.

The same theory holds true when it comes to length of time.  An offer to buy $500 per month for 10 years would be for less, in generally, then an offer to buy $500 per month for 20 years.  Of course, other factors and considerations go into all structured settlement buyout proposals.

Call Us Whether You Want to Reveal Your Other Structured Settlement Buyout Offers or Not.  We will Provide You an Honest, Quick Quote Every Time:  800-317-3769.

Tips on How to Sell Structured Settlement for Most Money in California

Tips on How to Sell Structured Settlement for Most Money in California

There was a time when a person in California did not know if it was legal to sell structured settlement payments for a lump sum.  That all changed with the passage of a certain law that set forth how and when a person could access cash for structured settlement by selling all or a portion to a structured settlement buyer. Now that the law is clear about the circumstances and procedure for selling a structured settlement, the next inquiry that comes to a lot of people’s mind is how to pick a structured settlement buyer to provide them with a lump sum.

First, knowing the background of the structured settlement buyer is a good place to start.  While a fancy website that says all the right things may be a temptation, what is behind that website.  Does the person or group of people or company behind the website have the right blend of experience and background to fulfill the promises, to back up the sales talk on the website and over the phone.  Do not assume that is the case.  You will find some reviews of structured settlement buyers throughout the internet– some actual and worthwhile and others simply more attempts to divert your attention.  It should be clear to  you once you speak to a company and ask the questions you want answered, whether the structured settlement buyer has the right experience and level of honesty.  The best structured settlement buyers will stand out- Clearly.

After you chose one or two of the top structured settlement buyers, get disclosure statements.  Disclosure statements when selling structured settlement payments in California and elsewhere contain some key financial terms that you may consider important for purposes of determining whether to move forward.  You can take your time once you have the disclosure statements from the structured settlement buyer and even take the documents to a lawyer, accountant, or other financial advisor if you so chose.

One Call to Reach Best Structured Settlement Buyers: 800-317-3769.

When you are ready to get some straightforward answers along with quotes to buy structured settlement payments, give our team a call.  We believe we are the best structured settlement buyer in California– and to be honest, we think we are the best NATIONWIDE structured settlement buyers.  We think if you ask our customers you will see we are not alone with this opinion.  From New York to Florida, From California to Georgia, our customers have found a competent, honest structured settlement buyer in Catalina Structured Funding.

800-317-3769