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?
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.
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
