Structured Settlement Annuity Companies and Reviews

Structured Settlement Buyers

Structured Settlement Buyers

 


There are many companies that will advertise about them being the best in purchasing your structured settlement. But whenever you choose to sell your structured settlement you must first do your research and look at the companies with some of the best track records.

The role of  a structured settlement company is for creating the agreement, getting your court approval and liaising with the payer. The more experienced and balanced structured settlement companies will help you get through these processes smoothly while giving you the most in your lump some payment. There are some mediocre structured settlement companies who campaign big but deliver small on providing your with the best deal when selling and drags out the process much longer than general time it takes for all processes to complete.

Here are some simple things that you must look at when picking a company to handle your structured settlement.

• Company Stance or Strength. How reputable is this company, how long have they been in business and how do they deliver their products.
• Website functionality and Service. The company website must provide you with very specif detail and step by step processes with clear and precise instructions. 
• Customer Service. Is always key, you will be engaging with the company and therefore you will need all your queries answered in a professional and timely manner. Staff must be courteous and not acting as if they are doing you a a favor.

Total Cash for Your Structured Settlement

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TopConsumerReviews.com  has done several reviews and has rated these companies as top in structured settlement.

Stone Street Capital Cash Cow

1. STONE STREET CAPITAL

You may recognize Stone Street Capital from their "Cash Now from the Cash Cow" commercials. In business since 1989, Stone Street Capital, headquartered in Maryland, is a pioneer of the structured settlement funding service providers. They lead the way in top quality customer service, which is reflected in their A+ Better Business Bureau rating and numerous satisfied clients.

The Stone Street Capital structured settlement website exceeded our expectations in information and education. We were able to browse through a number of helpful articles and information that helped us understand the structured settlement buyer, press releases about Stone Street over the past several years, structured settlement tips, and more.

The process at Stone Street is very straightforward. Here's what you can expect:

• You first identify how much money you need, and when you'll need it.
• You call or email Stone Street to discuss your options.
• Necessary paperwork is overnighted to you for signatures and a notary if you accept their offer.
• You return the documents back in a pre-paid envelope.
• Stone Street works with the payer to verify the payments and establishes a court date with an attorney in your local area.
• Stone Street will send a wire transfer or check upon court approval.
• Average turnaround is based on the state you reside in, but you can anticipate 45 to 90 days from start to finish.
• You will work with one Stone Street representative through the entire process.

We found the customer service team to be top notch at this company. The representatives are very informative and offer no pushy sales pitch on why you should choose them. We felt most comfortable dealing with Stone Street Capital and really appreciated their no pressure approach.

In summary, Stone Street Capital provides the highest level of service among structured settlement providers. Their informative website added a lot of value in our search effort. Stone Street offers a long history of strong performance and an excellent BBB rating. If you are looking for a structured settlement company, Stone Street Capital should be your first stop.

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2. SETTLEMENT CAPITAL CORPORATION 

Settlement Capital Corporation is a financing company that provides lump sum payments to recipients of structured settlements, annuities, and lottery winnings. They offer the flexibility of both partial and full payment purchases along with guaranteed and life contingent purchases depending on your situation. Settlement Capital does require a minimum funding amount of $10,000 to do business with them.

Formed in 1989, this Dallas based company currently holds an A+ Better Business Bureau rating and offers customers an informative website. Despite a lot of moving parts and colors we found their website to be quite helpful. We especially appreciated the clear explanation of the legalities of selling a structured settlement and how Settlement Capital Corporation will assist throughout the process.

The process at Settlement Capital Funding is pretty straightforward:

• Start by submitting your name, email and contact information in their online form or call them directly.
• Settlement Capital will evaluate the structured settlement and help you choose a plan.
• Once you identify the plan they will send necessary contracts for you to sign and have notarized.
• Once the forms are signed and returned Settlement Cap will verify your payments with the insurance company and work to apply for a court date.
• The exact settlement length can vary depending on the seller's state and the insurance company but ranges between 45 to 90 days.
• The seller will receive funds 5 to 10 working days from the time the order is approved.

We spoke with Jason at Settlement Capital Corporation and he was happy to assist with our questions. He clearly explained the process, and as the website states, provided no aggressive sales pitch that made us feel uncomfortable or pressured.

In summary, Settlement Capital Corporation has a strong BBB rating and years of experience. In working with their customer service representative, we were impressed with their clear explanations to our questions and professional demeanor. If you’re looking for a solid structured settlement company that is customer friendly, Settlement Capital Corporation is worth a look.

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3. JG WENTWORTH

G Wentworth has been in business since 1992. They reside in Pennsylvania and currently hold an A+ rating with the Better Business Bureau. JG Wentworth is one of the largest structured settlement companies in business and you may have seen one of their many TV commercials. They have a good overall reputation and their website is informative and provides helpful information.

The process of establishing a structured settlement payment with JG Wentworth includes:

• Call or submit your request on line to JG Wentworth. A customer service rep will ask that you complete necessary paperwork to move forward.
• Client returns signed docs to company.
• Upon receiving the paperwork and analyzing the client's structured settlement JG Wentworth will make a lump sum offer in exchange for a portion or all of the future settlement payments.
• JG Wentworth sends documents to their attorney to file for court approval.
• Upon court approval, approximately 4-6 weeks in most states, client receives check.

Our customer service experience was average with the two representatives we encountered at JG Wentworth. The first was unable to answer both of our questions but was friendly. The 2nd seemed rushed and a little pushy. We were disappointed that each time we called JG Wentworth we had to speak to a new contact

Overall, JG Wentworth is a strong company with a good reputation. We would have liked to have seen more knowledgeable customer service representatives. Despite their less customer friendly approach we appreciate the strong reputation at JG Wentworth and find it's worth your time for a quote.

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4.CBC SETTLEMENT FUNDING

 

Founded in 2004 CBC Settlement Funding is a Pennsylvania based company. They currently hold an A rating with the Better Business Bureau. CBC is a member of the National Structured Settlements Trade Association and their top executives worked historically for some of the largest structured settlement firms. Since then they've built a well run business with a strong focus on customer service.

The website at CBC Settlement was very informative with state specific regulation information, numerous resources to help you understand CBC Settlement Funding. While in business shorter than those higher ranked the innovative and informative website was the best of the bunch. We appreciated their level of professionalism.

The process of starting a structured settlement payment at CBC Settlement Funding includes:

• Contact CBC to discuss options.
• Necessary paperwork is sent for signatures and a notary.
• Return the documents back to CBC Settlement.
• CBC works with the insurance company to verify the payments and establish a court date with an attorney in your local area.
• CBC will expedite a wire transfer or check upon court approval.
• Stated 3 to 6 week average turn around based on the state you live in.

The customer service team at CBC Settlement was knowledgeable and courteous. We were able to get all of our questions answered in our first call.

If you are looking for a lump sum payment from a structured settlement CBC Settlement Funding is a company worth requesting a quote from.

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5.WOODBRIDGE SETTLEMENT FUNDING

A California based company, Woodbridge Structured Funding has been in business since 1993 and currently holds an A+ Better Business Bureau rating. Our first impression of Woodbridge was concerning. We felt their website lacked the professionalism we expected. We saw more of a sales pitch then valuable information. When you're making a decision worth thousands of dollars you don't want to see "free" gimmicks at every corner.

While the Woodbridge process wasn't laid out on the website we were able to identify the standard protocol:

• Start by calling and talking to a representative.
• They will evaluate the structured settlement and offer you a quote.
• If you agree with their quote, they will send via overnight package forms to complete.
• Once you complete and have notarized the documents you return in their pre-paid overnight envelope.
• Woodbridge will verify your payments with the insurance company.
• Once verified they will apply for a court date in your area and hire an attorney. Depending on the state and delays in establishing court dates, most customers can anticipate 45 days for their settlement check.

Customer Service was very good. We spoke with a very knowledgeable customer service representative who was not pushy or in a rush. He answered all of our questions in detail and then provided his direct extension.

Instead of providing an informative website, Woodbridge Structured Funding focuses on driving customers via gimmicks and promises. While we appreciated their strong BBB rating and customer service, we would have liked more information to help make a decision. In the end, Woodbridge is probably worth getting a free structured settlement quote, but don't get hung up on big promises or gas cards.

Understand Structured settlement even more before you sell.

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Selling Annuity Payments Or Keeping Annnuity For Retirement

 Selling Your Annuity To Cover Unforeseen Expenses

Selling Your Annuity

In simple terms, an annuity is a fixed some of money paid to someone yearly. This is why it is called an annuity, comes from annual which means yearly. Many people across USA and Europe use annuity payments to plan for their retirement. There are basically two types of annuity; differed and immediate.

• With differed annuity, an investor makes his lump investment and that is invested for a specific time period stipulated until the investor is ready to receive his payments. 
• With Immediate Annuity, you will start  receiving payments soon after you make your initial investment.

But there are many of us who probably need cash now to cover some sort of heavy expense and we simply cannot find the immediate cash to cover those expenses. Situations do arise, and some of them are not so fortunate. Money is a very needed commodity and if it is possible to finance your expense without taking out a loan, it is much better to do so. One option many people look at when needing immediate cash to cover expenses is to sell their annuity payments.  You can easily send your annuity payment and get cash in your hands while still maintain a portion of that annuity to receive for retirement purposes. So what are the steps in selling your annuity, it is quite simple, lets take a look.

Decide how much annuity you will sell

• Take a look at your expense which you need the money for, take a look at your annuity payment and then decide how much of your annuity you wish to sell.

Speak to a Lawyer

• When doing transactions like these, it is always good to get the help of prefessional people. Speak with your lawyer and let him guide the process of selling your annuity.

Review the company you are selling to

• Don't just say i have a lawyer and he is working on it. You need to ensure that the company you are doing business with is reputable, meaning, they will not sucker you out of your money. Remember selling your annuity is receiving a lesser amount of money for the value of your money! Yes, companies are buying annuities to make a profit, not as good Samaritans to help you in your financial disasters.

Remember that selling your annuity is a financial transaction and all supporting documents must be verified and approved. It may take a couple of days or weeks for the transaction to be fully completed. One everything is smooth, you can expect to receive your sale from annuity in your bank account or check in the mail.

Here are some companies which may buy your annuity

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The ABC's of Selling Structured Settlement

Selling Structured Settlement

Many people i have met are still unsure or skeptical of selling their structured settlement for lump-sum cash. When i ask them what is the fear in selling their structured settlement they reply; they have little knowledge of what is proper compensation for selling their settlement and that they need to know the most trustworthy and reliable company who provides good customer service and does not hide any hidden clause deep within those fine lines. So before i advise them on what to do to sell their settlement i ask them a few questions;

1. Why do you need to sell your settlement?
Almost 99% of the people seeking to sell settlement gives me the same set of answers, which tells me life is similar everywhere and many people from many different countries are going through the same financial ordeals. The number one reason why people are willing to sell their settlement is to actually pay a large bill. That large bill could range from a medical bill, tuition or mortgage. The second reason i get is that they are going to make an expensive purchase which is best done by one large cash payment. This expensive purchase can be the buying of a home or car. The third reason is that they are starting a business and need start-up cash or they have discovered a more lucrative investment and need cash to invest. There are many more reason but these three are the major ones. So they need cash and they need it now.

What to know before Selling Your Settlement
You cannot just dive in blind on some advertisement that pops up on television about easy selling settlement. You need to know the value of your settlement and actually weigh in on the feasibility of selling your settlement. Sometimes selling may not be the best option for you. It is in your best interest to know the value of your settlement say in the next 10 years and compare that value to the offered lump sum to see how big a lost you will be taking. The reason why i say loss is that when you engage a company in selling your settlement, the company buys that settlement from you to resell in order to make a profit and to make an attractive offer to the second party buyer. So you see why it is good to know the true value of your settlement so that when an offer is made you will know if it is a fair one or a complete rip off.

Getting Lump Sum For Cash Settlement

Selling Part of the Settlement
Because you need lump sum and need cash now means that you need to sell all of your settlement. Companies are willing to buy part of your structured settlement once it is substantial enough. So say you have a payment of $100, 000 dollars in settlements. You can actually engage the company in selling them half of that settlement and continue to receive structured payments for the other half. You have to remember that once you sell a portion of your settlement, adjustments will have to be made in your structured monthly payments.

So it is really quite simple, just follow the three step approach and you will be getting a good deal when selling your settlement.

1. Calculate The true Value of your settlement
2. Find the best and most reputable company to sell your settlement to
3. Sell all or part of your settlement.

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Have You Been Awarded a Structured Settlement Annuity?

Sell Structured Settlement Annuity

Many times people are awarded a structured settlement annuity and not even know what it is. A structured settlement annuity is payments that come from legal action or a law suit.

  People are far from perfect, and many get involved in minor incidents such as a wreck or other legal action resolving from not paying bills or other reasons. Once the judge reaches his verdict the person or company having to pay the money may not have all the money at once to pay so they will settle on a structured settlement annuity.

There are a lot of insurance companies that specialize in annuity policies which allow for them to talk with the other insurance company involved and they will change the monthly payments into a lump sum which will allow the person to pay the insurance company back instead of the person that the money is owed too. The insurance company will act like a bank for the person that is owed the money.

There are many different reasons that one may choose to sell their structured settlement annuity such as needing money to make the bills, a down payment on a house or a car. The reasons may vary but at least there is cash for structured settlements.

There a few different steps involved when you want to sell the annuity such as following the written guidelines and disclosures to a T. Then once the amount has been reached the parties involved must mutually agree then it has to be brought before a judge who will approve or disapprove on the plan. If the judge approves then the money can be settled and everyone can move on.

As with anything there are always pros and cons with a structured settlement annuity. A pro is having the extra income especially if you have been laid off or have no income due to an accident. This can also be turned into a con because people rely on the the money and when it stops flowing they are once again struggling. Anytime you have questions regarding a structured settlement annuity consult with a broker or your attorney.

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Useful Tips To Sell Your Annuity

 

Sell Annuity

Do you have an annuity to sell? To sell annuity requires some research and information so that you can make the best decision. It takes some time to go through the entire sell process. Here are some tips to give you an idea about selling your financial annuity.


If you are in desperate need of cash and you have an annuity, you might as well sell your annuity. An annuity is a financial contract that may have been issued to you by another individual, company, or company as a result of favorable verdict of a lawsuit.

Generally, the annuity is payable in many ways. However, instead of receiving outright one-time cash as compensation of a lawsuit or from an insurance company, the payments are made in increments.  It can be paid twice a year for a number of years or it can be paid 4 times a year for a number of years. Either way, the good thing about annuity is your privilege to arrange the terms of payment.

Now, in some ways the annuity is beneficial as it can be a good source of financial resources for you for a certain period of time. You can use the money to finance a college education for your children and more. Nonetheless, on the other side, it can be a source of disappointment especially if you have anticipated so much for this lump sum to finance a new car or house.

If such is the case, then you can sell your annuity. You have to understand that even before you have been rewarded with an annuity, there were already several companies wooing you to sell your annuity. Of course, not everyone is interested in selling, as it can provide an effective financial security.

If you have been approached by a financial company or want to approach one, you have to know several things. First of all, the amount of lump sum payable to you is lower than the one you would have received should you not consider selling. This is how the business goes and this is how those companies earn their share of profit.

Some companies charge high interest or deductions while others have reasonable rates. Regardless, you would find it beneficial to shop around to compare rates, before you decide which service you will use. Also, the company’s legitimacy is a very important consideration. It is your obligation to find out whether a company is legitimate or legal to operate. Proliferating anywhere-on the internet and in the physical world-are individuals and companies that scam the public. It is significant that the company you wish to employ its services is reputable.

Once you have found the best company for you, gather all the necessary documents to expedite your quote. Fill out the necessary application form and choose the best option for you. Depending on the company policy, there are some that respond to their clients within 24 or 48 hours. The first response will be about providing the required documents. After evaluation, you may receive another response from them to inform you how to receive your cash. This part of the process may take some time between 4 and 12 weeks depending on the company processing the selling of your annuity.

Financial contracts such as an annuity are regarded as a valuable possession. Hence, if you sell annuity, you should have weighed in all other options including their benefits and drawbacks. For deeper  information, you may wish to discuss your concerns with an expert.

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