In these tough economic times when the national average for a gallon of gas is $3.85 and home foreclosures have still not ceased, there seems to be a great option is to sell structured settlement payments if you are lucky enough to have one. Especially in light of the fact that banks are still shy about lending money to businesses let alone to individuals. Individuals with structured settlements have the option to contact a company and sell them their right to receive future payments. But what kind of criteria should individuals be aware of? What kind of questions should you ask when trying to find that right company for you? Without a doubt, the best question to ask is whether or not you are really getting the money that is quoted to you. In almost every state, the laws say that before you sign a contract, you must receive a disclosure statement that disclosures to you, the consumer exactly what the terms of the transfer are. You must be able to see exactly what payments you are selling and exactly what price you are getting for those payments. Otherwise, you could be unclear that there are fees that are deducted from your purchase price. Another good question to ask is whether or not the company you are doing business with is experienced in the state you live in. The last thing you need is a company that has completed only a handful of structured settlement transfers in your state. Although your specific state statute gives the exact requirements for completing a transaction, nothing like an experienced attorney can bring your transfer from start to finish with ease. A company that is inexperienced in a state will not know what attorney to use and can really delay getting you your money. What’s worse is that if a company is not experienced in your state, they could even get your case denied. Therefore, you want to make sure that the company you are dealing with knows what they are doing. The best advice for someone that wants to complete a structured settlement transfer is to ask as many questions as you can and follow up with the company during the process to make sure that they are top of your case. One way to make sure that your file doesn’t get lost is to work with a company that is small but efficient and treats your case like it should be treated. With respect. If you have any questions and would like to find out more information about selling you structured settlement, contact Catalina Structured Funding.