Finding a Buyer of Structured Settlement from Among Many, Part II
- This was posted on October 12, 2008
In the last post I talked about how I found myself receiving a structured settlement payment – having gotten a financial award from a personal injury case in which I was involved; and how the payments served me well until I found that I needed cash on hand to make tuition payments to my son’s college.
After much research on getting cash for structured settlements, I determined that what I most needed was a reputable and experienced buyer of structured settlement annuity payments. Go online and you can quickly see that there are many such purchasing companies to be found. But they are most certainly not the same as the next.
I needed – quickly – to get a firm grasp on what made for a solid buyer of structured settlement annuity payments. What I found through my research was that a reputable buyer of structured settlement annuity displayed the following:
* A solid reputation in the industry. A reputable buyer of structured settlement annuity will have experience in the business and a reputation for treating clients respectfully and getting them what they need.
* Strong financial backing. A buyer of structured settlement annuity payments should have the money behind them to be able to offer sellers market price on their annuity payments.
* Competitive offers. Any buyer of structured settlement annuity should carefully walk sellers through the process of getting cash for structured settlements. Sellers are not necessarily selling all of their upcoming payments – and, in fact, should not be pressured into doing so – they are in most cases selling a portion of payments or a particular number of payments. The amount that they offer for payments should be according to market value.
I eventually found a really great buyer of structured settlement annuity payments and was able to get the money I needed to responsibly handle my son’s college tuition.
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