“The readiness is all.” – Hamlet, Act 5, Scene 2
Hi folks, J.G. Wentworth here with a quick guide on how to best prepare to sell your structured settlement payments for cash now.
Most people looking to sell structured settlement payments are fairly new to the process, and may even be anxious about what to expect. With that in mind, we’ve put together a list of 4 great questions to ask yourself before getting started.
1) Do you understand the details of your original structured settlement agreement?
For instance, do you know how much money you are scheduled to receive, when that money is scheduled to be paid to you, and when your payment period finally ends? This is information J.G. Wentworth will need so we can make you the most complete offer for your payments.
2) Have you sat down and made a budget that accounts for both your current and future financial needs?
If you are looking to sell a structured settlement, you most likely are looking for a lump sum of cash to remedy a specific financial situation. You should therefore attempt to fully account for how much cash you need and when you need it, so our company can best help you. You should also consider whether selling your structured settlement payments now is in your best interests or if you should keep at least a portion of these payments coming to you at later dates.
3) Are you responding too quickly to whatever financial pressure you are under?
One of the unique aspects of working with J.G. Wentworth is how seriously we consider your financial interests, and what works best for you. We urge you not to rush into any financial transaction unless you believe it will truly benefit you – including the transaction we will do together!
4) Do you understand the process and timeline of selling structured settlement payments for cash?
When it comes to your financial security, no question is silly. We encourage you to ask our J.G. Wentworth representative any question you want – and as many times as you want – until you know what to expect from the transaction. For instance, one thing you need to know about the structured settlement buyout process is that it may generally take anywhere from 8 to 12 weeks, and that this money cannot simply be mailed to you the day after you contact us.
Our bottom line: sell a structured settlement only when you are ready! And when you are, turn to J.G. Wentworth – the largest purchaser of future structured settlement and annuity payments in this country. For more information, please call us anytime at 877-227-4713.