Hi folks, J.G. Wentworth here. Every day, from all around the country, people call J.G. Wentworth looking to sell their future annuity payments for cash. And every day, our amazingly helpful account executives hear the same question: How does it work? What needs to be done to get money out of my future annuity payments and into my pocket sooner?
With that in mind, today we’d like to provide our occasional review of how to sell future annuity payments for cash. So without further ado, here is our breakdown of the five step process of getting cash now out of future annuity payments.
1) Call J.G. Wentworth
Your first step is to call J.G. Wentworth for a free discussion of both your future annuity payments and your current financial situation. Our trained customer service representatives will take whatever time is necessary to understand your specific financial needs, and if you qualify, we will then offer you a verbal quote for your future annuity payments – one you are under no obligation to accept. But if you do, we then proceed to step two:
2) Send us the official documentation relating to your original annuity contract
We need this mailed to us so we can get all the specific financial details of your annuity, and can reach out to the company responsible for distributing your money. The faster we get it, the faster we proceed!
3) Review our written offer, sign the contract, and return it to us
Once we send you our official paperwork, we encourage you to review it carefully and ask us any questions you may have about it. We can be reached at 877-227-4713; call us any time!
4) A final review
Once we’ve received your signed contract (and you never have to pay for postage, by the way) we then reach out to the company that originally issued your annuity and make a formal request that they change the terms of your annuity contract. You’ll probably get one more round of documents in the mail; sign them and send them back into the mail quickly so we can happily move you to step five:
5) Get your cash!
In as little as 30 days, your original contract will be modified, our underwriting team will do its final approval of the transaction, and you’ll get your cash!
Have questions about anything we’ve written here, or about any other aspect of the annuity payment selling process? Call us today at 877-227-4713. We can’t wait to get started!