HOW CAN I SELL A STRUCTURED SETTLEMENT?

Let’s suppose you’ve been awarded damages based on a structured settlement plan (In due course, you’ll get to know how you could be a seller of structured  settlement without having to be a victim of an infringement first. So no harm is meant here). Since you wish to have a lump sum rather than the periodic ones, you need to find someone who is willing to buy the plan from you.

How to sell a structured settlement starts with how to find a willing buyer. Where are they and how can you find them? The truth is that there are hundreds and thousands of investors in the structured settlement market similar to what we have in real estate, money market and foreign exchange (forex). These investors are ready buyers of your structured settlement. There are also non-investor buyers. These people are usually looking for a secure periodic future earning. To sell a structured settlement therefore, simply watch out for any of the two groups mentioned: Investor buyers or non-investor buyers.

When you are on a business directory, on a classified page or such other online media, always watch out for such lines as ‘we buy structured settlement’, ‘Sell structured settlement in Chicago’ and more. Those might be investors who are more than ready to buy your structured settlement from you. So you contact them using their contact details. Ensure that you involve your attorney all the time.

Investor buyers are the snappiest way to get a structured settlement plan sold. But you should expect to sell it at a relatively low price since the investors are out to make profits. So if you are out to get every penny due to you, you might consider selling to non-investor buyers. There could be other ways to get non-investor buyers, but the easiest should be to hang around the office of an investor buyers (you already know how to get them). You could have handbills advertising your ware handy. Anyone who walks in and out of the office has 50% chances of being either a prospective buyer or seller. So, hand your bills to them until you get someone ready to strike a deal with you.