How I Get Cash For Structured Settlements
You’ve seen the commercials on TV and are now seriously considering selling your future structured settlement payments for a single lump sum of cash now. But you have questions—LOTS of questions. This is because you’ve never done this before and do not know how the process of converting future payments to cash works. This article will teach you the basics of structured settlement payment conversions and answer the basic questions that first-time sellers of structured settlement annuities have.
A conversion is the process of transferring you future payments to another entity, in exchange for a lump sum of cash. In its most basic terms, you sell/transfer/assign your right to receive your future structured settlement payments to another person, and in exchange for this, you receive a purchase price of cash—a single lump sum of cash. So if you need cash now, and you cannot wait for your future payments, which often times are years away, then getting cash for structured settlements may be a good option that you have available to you.
Now that you know what a conversion is and how it works on a very basic level, it’s time to discuss the specifics of a transfer. Because these conversions are a legal process which involves court approval and strict adherence to state regulations, most if not all conversions are handled by the structured settlement buyer. A purchaser of structured settlements is a company that is in the business of buying these structured settlements and has the knowledge necessary to assist you in the conversion process. Here at Catalina Structured Funding, we have conducted many many conversions and our knowledgeable and friendly staff has the experience and understanding necessary to provide professional assistance in nearly any conversion process.
Your next move is to choose a buyer of structured settlements that operates to buy structured settlements in your state. Catalina Structured Funding is a regular buyer of structured settlements in almost every state. You need to make sure that this buyer is a savvy buyer that can guide you through the conversion process. As mentioned before, our staff is experienced and capable of providing the finest professional assistance and customer service to you when it counts. You also need to make sure that the buyer is HONEST People sell to us because they trust us and rely on our honesty and helpfulness in the conversion process- our staff will always deliver what it promises. Call us today to find out why!
Once you pick your buyer, the next step is to call. Once you call us, our professionals will take over and guide you through the rest of the process. As always, we make sure that the rest of the process is as easy on you as possible. And just like that, before you know it, you will have completed your first conversion!
Get Cash For Structured Settlement – Secrets Revealed
It may come as a surprise to many people looking for cash for structured settlement that different companies offer different amounts of money in exchange for the purchase of structured settlement payments. It is also sometimes a novel concept to first timers seeking cash for a structured settlement that the effective rates and amounts paid for future annuity payments can often be differentiated by the type of structured settlement payments being sold and the company offering to buy structured settlements for cash.
While a mortgage company or lender may publish rates for specific types of mortgages: like 10 year, 20 year or 30 year mortgages or mortgages that are interest only, etc., structured settlement buyers generally price cash for structured settlement the procuring company is willing to pay based on a variety of factors. In this regard, it definitely makes sense for the cash for structured settlement shopper to ask the annuity buyer what is the rate that is being utilized to determine the lump sum the structured settlement buyer is willing to pay. As part of this discourse you will want to make sure that the rate and amounts being discussed with you in exchange for cash for structured settlement are indeed the “net” amount you will walk away with and not the gross amount before fees, costs, or whatever else is deducted.
You will as part of the cash for structured settlement equation and evaluation want to consider whether getting a cash advance on a structured settlement transfer assignment acquisition is of import to you. Some customers find it a welcome feature to procure some advancement on the lump sum cash for structured settlement prior to the final funding where they are to receive the full purchase price agreed to with the structured settlement buyer. Obviously, any advance on the structured settlement cash will be deducted from the purchase price at the time of final funding but getting some immediate money could be beneficial while you wait for this to occur. Other customers do not want any cash advance on the structured settlement cash payout.
In the event you will to procure money in advance of the final cash for structured settlement funding, it is important that you clarify prior to signing contract what you will qualify to receive from the structured settlement annuity buyer. You do not want to wait until after you contract to sell structured settlement payments to discuss cash advances. This may lead to you and the buyer having a disagreement over how much you want and how much they are willing to pay you in advance.
Call Catalina Structured Funding for Cash for Structured Settlement. National leader with honest staff and impeccable service.
Structured Settlement Cash Advance – The Confusing Phrase
We frequently get contacted by folks looking to get Pre Settlement Funding or a Cash Advance on a structured settlement. Cash advances seem to be fairly common these days in other realms. For example, many websites and for that matter store fronts are dedicated to things like: Title loan cash advances, payday loan cash advances and other forms of getting money immediately for some asset or a right to payment in the future. While there are companies that offer structured settlement cash advances, the nature of these advances are dramatically different than ones you find, for example, if you look to get an advance on your car title.
On a very simple level, a car title cash advances works to allow you to receive some amount of money today in exchange for putting up your automobile’s title so that the entity giving you the cash today has an asset it can collect against should you fail to pay back the money within the agreed period of time. That is to say, if you take out a $500 car title cash advance it is more akin to a “loan” in that the company will look to take possession of your car in the event you fail to pay the money back… with interest. “Structured settlement cash advances” however do not work in this fashion.
In order to truly get cash for a structured settlement, you as the annuitant, generally have two choices (although variations of these two choices exist). The first choice, and the most prudent if you are not in need, is simply to wait for the structured settlement payments to come in on the predetermined schedule. As you know, structured settlements are set up to provide some degree of economic protection. As the annuity issuers and owners are generally well established companies, you can rest assured that in most cases, you will receive your payments as scheduled.
If you find yourself in a bad spot however, and you have explored other options for raising money, one thing you may consider is selling your structured settlement for cash. This option however has clear downside including what rate the purchaser uses to discount your payments for calculating a lump sum. If you determine this is your best option, you may also want to discuss the type of cash advance a company will provide you as the transaction moves through the system and you wait for a court to either approve or disapprove of the sale of your structured settlement. While the availability of a cash advance on structured settlement sale is definitely important to many customers, it is only one of a host of other factors you may want to consider. Call Us at 800-317-3769 to discuss various options that we can provide.
Types of Calls We Receive For Getting Cash For Structured Settlement Payments
The calls regularly come in from people looking to get cash for structured settlement payments. The inquires generally fall into one of three categories – each of which our knowledgeable professionals can easily assist people with. You will see from the opening call we do things differently here at Catalina Structured Funding.
Call Type #1: Customer calls us asking “i’m looking to get cash for my structured settlement payments can you explain what is involved”. This general is from a person that is just starting to look into getting cash for structured settlement payments. We are especially well equipped to handle these types of calls. Our professionals have experience throughout the country helping people get cash for structured settlement payments. So whether the person calling us about selling structured settlement payments lives in Alaska or Florida, New York or Texas, Illinois or Nevada, we can explain exactly what is involved if he or she decides to go forward with getting cash for structured settlement payments. After you learn what is involved, we are more than happy to provide you with a quote for structured settlement payments.
Call #2: “I would like a quote to get cash for my structured settlement payments” This type of call is from someone that is already familiar with the process of “getting cash for structured settlement payments.” When this is the case, we can go right to running the numbers to provide you with structured settlement cash out options. All you need to tell us is the structured settlement annuity issuer, the state you live in, the amount of your structured settlement payments, and when the structured settlement payments you are looking to sell are due and payable from the structured settlement issuer. With just this information we can provide you with one or more structured settlement cash out alternatives. Of course, our quotes are easy to understand, contain no hidden fees, and can be emailed or mailed to you so you have them in writing.
Call #3: “I want to see if you can pay me more cash for my structured settlement payments”. This type of call comes from a person shopping their structured settlement payments to various structured settlement buyers. We will beat the quote for structured settlement payments you currently have. All you need to do in this situation is provide us with the exact structured settlement payments the other structured settlement buyer has proposed to pay you and the amount they have proposed to pay you for those structured settlement payments.
In any of these situations, our team of experts at Catalina Structured Funding is a great group to speak to you prior to moving forward with getting cash for structured settlement payments from another structured settlement buyer.
Your Best Choice For Getting Cash For Structured Settlement Payments
Your situation may have changed leaving you to wonder how much cash for structured settlement payments you can get. We talk to people everyday in this very situation and assist them by providing lump sum cash for structured settlement payments alternatives. While the process and getting underway may seem daunting, we are confident that from the moment you call us for the first time until the day you received the lump sum of cash for structured settlement payments from us, you will see that when you work with a structured settlement buyer with top service, the transaction can be smooth and easy.
You may have read some things on blogs or commentaries in different places on the Internet that suggest the process of getting cash for structured settlements payments can be difficult. When we see those same things we are definitely sorry that the people selling structured settlement payments for cash had a difficult time getting the lump sum they needed. With Catalina Structured Funding, every step a long the way has been carefully constructed to avoid any of those unfortunate experiences that others looking to cash out structured settlement payments dealt with.
On the initial call with us you can get a free quote of cash for structured settlement payments. This immediate quote for structured settlement payments will allow you to determine if moving forward even makes economic sense for you. In providing you a quote to cash out structured settlement payments you will see we do not play any of the games you might be concerned about. Our cash for structured settlement payments quotes are completely obligation free and transparent. The quotes NEVER contain hidden fees or anything of the like. Instead with Catalina Structured Funding you know the amount you are told by us you will receive over the phone is the lump sum of cash for structured settlement payments you will receive at funding.
Here is how it works: You can call us with the structured settlement payments you are considering selling. Based on the amount and timing of the structured settlement payments, we will provide you options on getting cash for structured settlement payments. Once you have obtained our proposal to cash out structured settlement, you can then figure out whether under the circumstances you would like to move forward. It is important to us that you believe that obtaining cash for structured settlement payments is in your top interest. If you decide otherwise, that is fine – as we appreciate it is best decision you can make if you want to keep your structured settlement payments instead of getting cash now.
How to Buy Structured Settlement Payments For Novice
The first real thing to know about buying structured settlement payments is that it takes a lot of know how and experience. While setting up a website claiming that you buy structured settlement payment may be a matter of a few hundred dollars and some creative writing, the actual network you need to move a person calling in or submitting an email submission to get cash for structured settlement actually is a whole different matter.
Part of what it takes is knowledge of the legal framework that surrounds the process of converting a structured settlement to a lump sum. If the structured settlement seller leaves in California, do you know the specific laws that control. What goes into a disclosure statement, who has to receive notice of the structured settlement sale proposed, as well as how much time they must receive it in advance of the structured settlement hearing before a judge, is all very specific to where the seller lives. In this example, a person living in California looking to get cash for structured settlement.
After that you need to have the network of financial relationships to actually follow through with the commitments you make to get people cash for structured settlement payments. Its one thing to talk to a person, even sign a contract to buy structured annuity payments, but its an entirely different thing to go ahead and follow through with your contractual obligations. If a structured settlement company does not have a PROVEN track record of getting customers cash for structured settlement payments, how do you know they will be able to actually do for you what they are telling you they will.
Structured settlement buyers come and go for a host of reasons but the good ones stay around, assisting people across the country working for customers to get them the lump sum of cash that they need to improve their conditions. The variety of ways people utilize the lump sum to better their situation really varies as distinctly and uniquely as the folks that call us on a daily basis looking for our structured settlement annuity buyers to get them a quote to get cash for structured settlement. Whether you are a first time seller or someone that has already sold part of structured settlement for cash, please give us a ring and shot to help you get the money you are looking for.
Cash for Structured Settlements – Dos, Don’ts and Maybes
Thanks for visiting us today. Today’s article will give you general advice on getting cash for structured Settlements structured settlement and what to expect. Although there are lots of ways to handle the sale of your structured settlement, following these simple DOs and DON’Ts will help you be prepared and knowledgeable throughout the process.
• DO research on the process and your state laws. Understanding the process and the laws that govern your transaction will educate you and prepare you for closing the deal. You will have a much easier time conducting the sale of your structured settlement if you’re “in the know.”
• DON’T believe everything you hear. Some structured settlements buyers or their representatives may tell you whatever they need to tell you to close the deal and have you sign with them. However, once it’s time to perform, you’ll only hear excuses on top of excuses. Some companies will promises deals that they can’t possibly deliver. Others will exaggerate how fast they can get you cash for structured settlement or how much in advances they can deliver. This is why it’s important to be leery of such lavish promises and to stick with a reputable company that is known for its customer service and integrity.
• DO ask questions. It is very important to be informed (see tip #1). It is also true that selling your structured settlement can be confusing or difficult to understand, especially if it is your first transaction. Therefore, it is highly recommended that you ask questions if you are not sure of something. We are known for our customer service. Our knowledgeable and experienced staff will guide you through the entire process and answer any questions you may have. All our information is free because we believe you should be informed and have all the necessary tools at your fingertips.
• DON’T just go with that big company because you’ve seen their commercials on TV. It might be tempting to just call the first number you see or go with the first company that pops up on Google, but you could be setting yourself up for failure. The best thing to do is RESEARCH! (See tip #1). It is very important to consider all your options, and not just the first one you hear about on TV. This is why researching us is a step in the right direction!
• DO your role in transferring your structured settlement payments. Once you pick a company to do business with, you want to be hands-on and participate as much as you can by providing whatever information that company needs and complying with their requests. This way, the process can be fast and smooth, thereby giving you the cash you need sooner than later.
We hope these tips come in handy as you plan the sale of your structured settlement. Remember, the most important tip is to be informed and understand the process. Call us today if you have any questions!
How Much Cash Can I Get For My Structured Settlement
The financial world changes every day – whether it is stock market increasing or decreasing in value or interest rates falling or rising. These global and national events may impact the value of your structured settlement on the secondary market. In order to determine if a willing buyer of structured settlements may be able to pay you more cash for structured settlements it makes sense to give the experts at Catalina Structured Funding, Inc. a phone call to get a free appraisal.
What CSF may be willing to pay in terms of cash for structured settlements is impacted by a host of issues including an element of supply or demand of the particular type of structured settlement you are looking to convert to cash. While supply and demand may impact the value of cash for structured settlements, there are various other factors that have a greater impact on “what your structured settlement is worth.” The most obvious of this is what the size of your structured settlement payments are and the timing of the when in fact the payments are payable on a structured settlement. Probably need to not even note that a $125,000 lump sum payment due in 2015 is worth more cash for structured settlements than a payment in the same precise amount due in 2020- if all other things are equal.
In order to assess the what CSF, as a willing and able structured settlement buyer, would pay you for your settlement annuity payments, you can take a minute and contact us by email or telephone. Based on the information you provide we will provide you with a firm quote for your structured settlement. By this we mean, the exact amount we will pay you in a lump sum of cash immediately to convert your future structured settlement (in full or in part) to cash in your hand. Keep in mind that at the time of funding it is completely up to you how the lump sum of cash for structured settlements will be paid. You can chose between us sending you a check overnight so you receive the money immediately in your account or whether you want us to wire the cash for structured settlements into a bank account. We have customers that select between the options set forth above based exclusively on their preference and their particular financial situation.
The first step is to give us a call or contact us. From there, and our no pressure discussion, you can decide what you want to do in terms of your structured settlement.
Companies That Cash Out Structured Settlements – Nationwide Experts
Nowadays websites are relatively cheap and easy to set up. A good looking website merely shows a skill in designing and creating a website. What is the point? The point is do not get pulled into working with a company to cash out structured settlement payments simply because there website looks professional. Its more important that you go with a company that buys structured settlement payments WITH EXPERIENCE.
At Catalina Structured Funding, we have brought together an incredibly experienced collection of professionals with diverse backgrounds in the industry of cashing out structured settlements. You simply want to avoid companies that do not have the requisite skill and knowledge in cashing out structured settlements. Why? Inexperience can lead to you receive less options when it comes to cashing out structured settlements, significant delays in getting your lump sum for structured settlement payments, and potentially even the transaction not being processed properly and consequently a judge denying sale of structured settlement payments for a lump sum.
With thousands of transactions cashing out structured settlements either being reviewed, processed and/or originated by our team, there can be no doubt that we can assist you in getting lump sum for structured settlement payments you are looking for. We can assist you in getting that lump sum regardless of where you live in the country. We consider ourselves the best company that buys structured settlements based on this experience and the feedback we receive from our happy customers every day. Keep in mind that many of customers have previously worked with other companies that to sell structured settlement, in part, prior to finding us, and decided to work with us instead of working with the initial structured settlement buyer they worked with again.
If you are are looking for a company that can cash out structured settlements in Florida, Georgia, Maryland, California, Texas, Nevada, Illinois, Missouri or in any other state in the country, we are the right choice for you. Not only will you get individualized personal attention but with Catalina you will never receive pressure to move forward with a structured settlement cash out until you are ready and are confident that it is in your best interest. Want to know how much your structured settlement payments are worth, how long it will take to cash out structured settlement payments in your State, or how much of an IMMEDIATE cash advance we can provide you? Contact us at 1-800-317-3769.