Is it Possible to Sell Annuity and Structured Settlement Payment for Cash?
It is possible to sell annuity and structured settlement payment for cash. You should be aware of the fact that structured settlement is specifically designed to meet your financial obligations over a period of time. However, if you are facing a situation where you are in need of lump sum of cash, then you can sell your annuity or your structured settlement. This arrangement helps in meeting your immediate financial needs. A noteworthy point is you can sell either a part of your annuity/settlement structure or all of it. You should also be aware of the fact, you can sell your structured settlement to pay your annuity. Selling structured settlement to pay off annuity is a complex process. It is advisable to get an assistance of a structured settlement specialist. When you are selling your structured settlement to a private lending institution, it is advisable to do a background check on that financial institution. This is an important step to be taken before you actually start the proce