Sell Structured Settlement Payments for Lump Sum Cash

June 20, 2012 - PRLog -- When life’s financial crisis has a way of sneaking up on you, you often find yourself a bit desperate for a financial windfall or a real way out of your predicament. If you are fortunate enough to have a structured settlement from a past legal settlement or you have elected to accept a lottery win in payments over time then you just might have the cash you need in the structured settlement payments.

With a structured settlement there are a number of payments in increments payable over a long time that while they are beneficial they might not deliver a much needed amount during a financial crisis.

You can sell your structured settlement payments for lump sum cash and resolve your immediate need for a larger amount of money. The downside to selling your structured settlement payments is that the payments will obviously stop coming in the increments that they once did, and you will have to accept a less than total payout of the remaining balance in the structured settlement.

Whether the structured settlement is from an annuity, a legal resolution, or a lottery win is really irrelevant. The main thing is that you do have options available to get your hands on much needed cash quickly. Fortunately there are a number of financial institutions that will gladly pay you a lump sum amount for your structured settlement.

Some top names in the structured settlement companies are JG Wentworth, Peachtree Funding, Stone Street, just to name a few. What they do primarily is to look at your structured settlement portfolio and see just what the overall remaining payout will be and then calculate an offer to purchase your remaining structured settlement balance for a lump sum amount in cash that is less than the remaining balance.

This allows the structured settlement company to receive the long payment structure in full and at full face value. This will give back the monies they paid to you plus the bonus of receiving the entire payout balance as their profit for the transaction.

Knowing what to expect as far as an offer to purchase your structured settlement is a bonus, in getting the most money from your structured settlement. You obviously would not want to accept their first offer. They are in business to make money, period. They may sound concerned about your predicament, but trust that they merely are trying to buy money at a discount and nothing else. How well they act concerned is just years of practice on their part.

To learn how to negotiate and how to sell structured settlement payments for lump sum cash is well worth your time and investment dollars: http://wealthsmith.com/sell-structured-settlement-payment...