Selling a structured settlement is not recommended under many circumstances, but it sometimes becomes necessary or helpful in certain situations. When it is necessary, there are several things to consider when selling your payments and in choosing a settlement buyer. The tips below can help you with the process of selling your structured settlement.
- Find out as much as you can about structured settlement buyers before you choose one. Research into structured settlement companies can be conducted online. Visit their websites to see what services are offered. Testimonials and other forms of customer feedback on a site can help you narrow down your choices.
- To get more insight into the legitimacy of the company, check the potential settlement buyer’s certifications and look into what they mean. A nationally recognized company is more likely to be legitimate.
- Contact the structured settlement company to get a feel for how helpful and courteous the staff is to potential customers. All interactions should be conducted professionally.
- Any offers should be put in writing to eliminate potential misunderstandings or disputes in the future. If you can’t get details of the proposed transaction in writing, then move on to another company.
In the end, there may be several good offers to buy your structured settlement. But all things being equal, choosing a settlement buyer should be based not just on the best offer but also on whether you feel confident a company will help you with any questions or problems in the future.
Remember, a company’s customer service ethic indicates the level of respect that it has for those it does business with. Excellent service is the trademark of a company that is not only experienced in what it does but also has confidence that its services actually benefit its customers.