How to Purchase Structured Settlements
Are you looking to invest cash in structured settlements? (Photo by Christy Thompson)
- State and federal law may restrict the sale of structured settlements, and there are many legal complications that can arise. Since you'll be exchanging cash for the right to receive future payments, you'll want to make sure that you are protected.
- Work with an established broker.
- Look for a structured settlement financing company who is a member of the National Structured Settlements Trade Association who also places settlements with private investors.
- Get multiple quotes to ensure you get the best deal.
- Retain an attorney to review the agreement to ensure your interests are protected.
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