How Does Selling a Structured Settlement Work?

If you have a Structured Settlement payment from a lawsuit or insurance company, you probably have thought about getting a lump sum for it. Many companies these days are offering lump sums in exchange for settlements, but how does it work?

Structured-settlement

Well, when you sell your structured settlement, you are basically selling off the rights to receive a monthly or annual payment to another company who will then give you a lump sum of money.

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Of course, nothing’s for free so the company may charge you a flat fee or a percentage for giving you a lump sum for your annuity.For more information : Cash for structured settlement