Docstoc

purchase structured settlement

Document Sample
purchase structured settlement Powered By Docstoc
					==== ====

for more info about structured settlement
http://purchasestructuredsettlements6.blogspot.com/

==== ====
Step By Step Procedure For Structured Settlement

The structured settlement procedure entails a negotiation where the parties come to an agreement
on a schedule of benefits to match needs of Claimant and Insurance carrier. Structured
settlements have gained popularity over the lump sum amount of money. They are the new
alternative payment system to a lump sum cash settlement where you get the payments over the
period of time. If you already have structured settlement annuities, and are looking for ways to sell
your structured settlement, then here is a brief procedure.

If you are interested in selling structured settlements then before that you need to get a court
order. To sell structured settlement USA, in different there are different federal and state laws.
Hence, you need to hire a lawyer and structured settlement advisors, who can help you to get
cash for structured settlement payment.

Once your petition is filed in the court, then the court will legally examine the financial need of the
claimant and review the transactions. Then in the court, the legal advisor will present the
arguments in the favor of sale of annuity. On your part, you have to show court your interest and
say how immediate lump sum of cash will prove beneficial for you. This will help you to meet your
immediate medical expenses, and family needs well.

The complete factoring can take approximately 6-8 weeks. Usually it is recommended to take the
help of a structured settlement company. They will take care of different legal aspects of the
transfer. This includes
* Completing legal documents and formalities
* Getting approval from insurance company for selling the settlement
* Hiring a legal advisor
* Drafting of documents
* And taking care of other underwriting procedures

To read the detailed step by step procedure for structured settlement, visit prosperitypartners.com



==== ====

for more info about structured settlement
http://purchasestructuredsettlements6.blogspot.com/

==== ====