People receive Structured Settlement payments as the result of legal action. If one party sues another, there might be a settlement and the defendant might agree to make payment over time. The defendant, in conjunction with an insurance company, purchases an annuity policy from another insurance company. The annuity policy makes payment now and in the future to the original lawsuit�s plaintiff.

These payments, flowing from an insurance company according to the terms of the annuity contract, may be exchanged at some time in the future for a cash lump sum. Whatever the reason, a structured settlement payment stream is a personal financial asset that can be exchanged for cash today.

Structured settlement transactions must be accomplished according to strict legal guidelines. A Transfer and Assignment Agreement is executed with the seller following full disclosure of the price and other contractual terms. The sale is announced to all interested parties (payment beneficiaries, insurance companies) and then must be approved by a judge.

If you interested in selling your structured settlement, it is important to find a buyer understands what is required to purchase a structured settlement . There are many companies with years of experience in the business, and who understand what it takes to provide outstanding customer service. If you want to sell your structured settlement payments, you deserve and need an experienced, caring partner to push the deal through to court approval. Inexperience or lack of knowledge might result in a judge denying the sale of structured settlement payment.