Structured Settlement

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Questions to ask structured settlement buyer

When you are considering the sale of a structured settlement, there are some questions that you will want to have handy to ask the person who will be buying your settlement. These questions will help you to make certain that the person you are selling your settlement to will do what is best in your interests.

1. How long has the person or company been in business?

2. Are you able to verify their business and contact information?

3. Do they have proof that they are insured and bonded?

4. What is their rating with the Better Business Bureau?

5. How will they be taking care of your particular kind of structured settlement?

6. What is the number of structured settlements that they purchase annually?

7. What will be the price of the structured settlement?

8. Can they offer you a timetable as to how long the structured settlement process will take?

9. Is their company a broker or a principal?

10. Will they keep your information private?

Something that you want to do before you make a decision on selling your structured settlement is to consult with a lawyer, or someone else that is professional and knowledgeable about financial decisions.

Be certain that whoever you choose can show you credentials and is familiar with the process of the courts before making a final decision.

It’s also good to talk to other people who have gone through the process and find out their experiences. You can learn a lot from the experiences of others.

 

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