Steps for selling a structured settlement part 1

You were awarded a structured settlement, and after a
few years you have decided to sell it and exchange it
for one lump sum. What do you do now? Well, the
following are some steps that you should take so that
you make the best decision. This will take you through
the first part in selling your structured settlement.

1. The first thing you will want to do is to figure
out what your financial needs now, present and future.
You will want to talk to an attorney or a financial
advisor.

2. The next thing to do will be to get in touch with
the provider of your payments, and find out the amount
left, the number of payments left, and your structured
settlement’s terms. Also get all of the contract
information so that you can give it to the buyer.

3. Figure out how much of your settlement you want to
sell. If you sell payments that will be coming shortly
after you sell, you will be offered more money than
those that are coming in the future.

4. Find a reputable structured settlement buyer and
make certain that you are comfortable with them.

5. Get quotes from different buyers, and weigh all
factors before making a final decision. These factors
include comfort level, experience, and reputation, to
name a few.

6. Finally, you will sign a contract with the buyer.
Make certain that you have your attorney read over the
contract before you sign anything.