A Good Buyer of Your Structured Settlement

To find a structured settlement buyer for your annuity payments, you should first ask the potential buyer some important questions. The first question you need to ask the potential buyer is what are the terms they offer. Naturally, settlement annuity buyers offer a lump sum of cash for your settlement annuity payments. So before signing any contract, you need to have the terms in writing such as the percentage the settlement buyer will charge from the whole amount of your structured settlement annuity payment. The process usually lasts from four to eight weeks after the process started. Of course, the completion of which varies since no two settlements are totally the same.

A reputable structured settlement buyer will suggest or the least encourage you to get the advice of your lawyer before you sign any re-assignment or a contract. A lawyer can review the draft of the agreement. Because you’re dealing with huge amount of money, it is always prudent and of your best interest to avail of legal advice on this type of contracts and transactions. The settlement annuity buyer should also be in this type of business for several years already and have a good track record in this business. You can also check on their credentials and past records how they have handled similar transactions.