Selling Structured Settlement: Why and How

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Sell Structured Settlement

Structured Settlement: What It Is

A structured settlement is a nontaxable payment from health insurance companies. Personal injury victims get this over a period of time. It is a sequence of fixed payments that support these victims with medical expenses and basic financial requirements.

When Should You Sell It?

After a while, you may get tired of the little monthly payments that isn’t enough. Then you can sell it to get a big amount of money in return. The purpose to sell it will be different from people to people. Some people will choose to buy a new house while others may choose to buy a new station wagon.

Other causes might include like-

  1. Need to pay their kids’ college costs.
  2. To get rid of a debt.
  3. Investing in a good business or stock.

Who Will Buy?

There are many organizations that will purchase the structured settlements from you. It’s similar to an investment for them where they offer a lot of cash at first. Then they receive a sequence of payments with profit from it later.

How To Sell?

If you are 100% sure to sell it, then decide to do it soon. That’s the initial step. Later you can search for the place with low interest rate. A low interest rate will decrease your lump sum (agreed discount rate).

Sell Structured Settlement

Selecting The Right Company

Usually, a company will propose you around 10-15% of discount rate. That’s only one of the reasons to consider. Go for the company that has skill and a trustworthy image.

What Will A Company Do?

It’s their responsibility to please a client. So they will ease up your process in a court of law for you. All you will have to do is fill-out a claim form, and stand before a judge in the conclusion to validate your need of money. Meanwhile you can sit back and keep calm while they confirm all the documents and do all the process.

If the judge approves your claim, you are all set to have what’s lawfully yours. Normally, it takes around 40 days to get you the cash.

One more important thing to remember is that the Tax Relief Act of 2001 declares that “the lump sum payment that a separate payment to meet accidental financial needs.” So, it is let off from tax.

Finally, when you get the cash, don’t over expense it. In its place, invest some of it in a decent bank. Because remember that Benjamin Franklin said, “A Penny Saved is a Penny Earned.”


Author: John Kane (@ your disposal in case you want to Sell Structured Settlement)


  1. Jere X

    July 2, 2015 at 3:15 pm

    Many state bar organizations offer referral services to help people find attorneys. Usually, any member of the organization can list with its referral service, and you can’t know just from the referral that the lawyer is truly qualified to handle your case.


      July 25, 2015 at 3:43 pm

      Personal injury lawyers almost always accept cases on a contingent fee (or “contingency fee”) basis, meaning that they if they win they receive a percentage of the award as their fee. If they lose, they do not receive an attorney fee. (Please note that attorney fees are different from costs, and you may be responsible for certain costs associated with your case, such as the filing fee for your lawsuit, even if you lose. While this is rarely an issue, as most civil litigation settles short of trial, you may wish to clarify the issue of costs with your lawyer.)

  2. Madison

    July 3, 2015 at 5:47 am

    The amount of this fee can be significant – it is usually about a quarter to a third of the fee received by the personal injury lawyer who handles your case. This gives the attorney an incentive to refer you to a good personal injury lawyer – but if this possibility makes you at all uncomfortable you shouldn’t hesitate to ask if the attorney referring your case expects a referral fee.

  3. Lester Lambson

    July 4, 2015 at 2:19 pm

    You should note within this context that attorneys frequently receive “referral fees” when they send personal injury cases to other lawyers or law firms.

  4. Nicholass F

    July 5, 2015 at 7:38 pm

    One of the best ways to find personal injury lawyer is to consult an attorney you trust. If you do not know any attorneys, ask your friends for names of attorneys they trust. It is not important that they give you the name of a lawyer who can handle your case – what is important is that the attorney is likely to comprehend the issues of your case, and is well-positioned to know which attorneys in your community have the skills to handle your case. Even if the attorney cannot personally take your case, he will often be able to refer you to a lawyer who can.

  5. structured settlement calculator

    July 5, 2015 at 10:06 pm

    If you have any sort of income in excess of
    your statutory exemption you will have to contend with taxes.

  6. Nicholass F

    July 6, 2015 at 11:27 am

    They know that they are often able to recover substantially more money for their clients than attorneys with lesser skills, resulting in a greater award to you regardless of the percentage taken by the attorney.

  7. Adrian P

    July 7, 2015 at 4:15 pm

    If your case is potentially worth a lot of money, you may be able to negotiate a reduction of the attorney’s contingent fee – however, the best personal injury lawyers are usually not willing to negotiate their fees.

  8. Trenton trew

    July 8, 2015 at 1:14 pm

    The amount of the contingent fee your lawyer will charge will vary somewhat from state to state. In most states, the attorney fee will be between one third and 40% of a personal injury award. Attorney fees for workers’ compensation cases are more tightly regulated, and are typically lower than for regular personal injury matters.

  9. Raine T

    July 9, 2015 at 3:21 pm

    A lawyer is in a good position to help you obtain a favorable settlement that, even with the attorney fee deducted, significantly exceeds what you can obtain on your own.

  10. DanialHSchill

    July 13, 2015 at 8:30 pm

    My blog is in the Cashing out Structured Settlements info as yours and my users would certainly benefit from some of the information you present here.
    Please let me know if is alright to quote from your articles. Cheers!

  11. BobbieZSvrcek

    July 19, 2015 at 7:47 pm

    Your website provided us with useful information. Entire community shall be thankful to you.


      July 25, 2015 at 12:26 pm

      Thank you. Please stay with us regularly.

  12. Roland

    November 19, 2015 at 1:36 am

    Unfortunately, that rarely happens. Many people will not take responsibility for their actions, and insurance companies profit from undercompensating injury victims. Insurance companies and their lawyers also know the governing law backwards and forwards, and they know that most non-lawyers have no idea what legal rights and remedies they possess.

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