Although no one ever wants to be the victim of a car accident, medical malpractice, or wrongful termination, the one advantage is that if you win your lawsuit you qualify for a structured settlement. Typically, these settlements are paid out over the course of several months or years and the money can be used to pay for your medical bills or legal fees.
Unfortunately, not everyone has this much time to wait around for their payments to come in. That’s why many end up selling their annuities to structured settlement companies using a hassle-free process.
What Is a Structured Settlement?
As mentioned previously, structured settlements are large personal injury settlements, either settled between the parties or awarded through the courts against a company or individual and are often paid out as an annuity or structured settlement.
In other words, the settlement is paid out in smaller payments rather than in one lump sum. If you don’t want to wait to get all your money and want it up front, you always have the option to sell to structured settlement companies for money right away.
The Process
Before you can sell your settlement, it must first get approved by the court. This usually takes around 60 days. After the process is approved, the structured settlement company will transfer the lump sum to your account within a few business days after court approval. Then you are free to do whatever you like with your cash.
View the contact information for We Pay More Funding LLC can help you get cash now.