When you receive a structured settlement, you typically receive periodic payments over a set period of time. But what if you need a lump sum of cash now?
That’s where structured settlement companies come in. These companies will purchase your structured settlement payments in exchange for a lump sum of cash.
But with so many companies out there, how do you know which one is the best-structured settlement company for you?
In this article, we’ll take a deep dive into the 10 best-structured settlement companies and their advantages.
1. J.G. Wentworth
J.G. Wentworth is one of the most well-known structured settlement companies in the industry. They offer a wide range of financial services, including structured settlement payment purchasing. J.G. Wentworth’s advantage is its flexibility in payment options. Customers can choose to sell some or all of their structured settlement payments, and they offer both lump sum and partial payment options. They also offer a “best price guarantee,” meaning they will match or beat any competitor’s offer.
2. Fairfield Funding
Fairfield Funding is another top player in the structured settlement industry. Their advantage is their commitment to customer service. They have a team of experienced professionals who will work with customers to ensure they receive the best deal possible. Fairfield Funding also offers a “fast track” option for customers who need their lump sum of cash quickly.
3. Stone Street Capital
Stone Street Capital has been in the structured settlement business for over 30 years. They offer competitive pricing and a variety of payment options, including partial purchases. They also have a reputation for excellent customer service, with a team of experienced professionals to help guide customers through the process.
4. DRB Capital
DRB Capital is known for its fast and efficient service. They offer both lump sum and partial payment options, and their process can be completed in as little as three weeks. DRB Capital also has a reputation for transparency and honesty, ensuring customers fully understand the terms of their purchase.
5. Peachtree Financial Solutions
Peachtree Financial Solutions is one of the largest structured settlement companies in the industry. They offer both lump sum and partial payment options, and they have a reputation for offering some of the highest payouts in the industry. They also have a team of experienced professionals to guide customers through the process.
6. AnFed Bank
AnFed Bank is a lesser-known structured settlement company, but they offer some unique advantages. They offer a variety of payment options, including partial purchases and customized payment plans. They also offer a “price match guarantee,” ensuring customers receive the best deal possible.
7. Woodbridge Structured Funding
Woodbridge Structured Funding is known for its quick and efficient service. They offer both lump sum and partial payment options, and their process can be completed in as little as three days. They also have a team of experienced professionals to guide customers through the process.
8. SenecaOne
SenecaOne is another large structured settlement company. They offer both lump sum and partial payment options, and they have a reputation for excellent customer service. They also offer a “cash bonus” program for customers who refer others to their services.
9. CBC Settlement Funding
CBC Settlement Funding has been in the structured settlement business for over 40 years. They offer competitive pricing and a variety of payment options, including partial purchases. They also have a team of experienced professionals to help guide customers through the process.
10. Novation Settlement Solutions
Novation Settlement Solutions is known for its transparent and ethical business practices. They offer both lump sum and partial payment options, and they have a reputation for offering some of the highest payouts in the industry. They also have a team of experienced professionals to guide customers through the process.
Conclusion
In conclusion, the best-structured settlement companies offer a variety of payment options, competitive pricing, and excellent customer service. Many also offer unique advantages, such as fast processing times, customized payment plans, and cash bonuses. It’s important to do your research and compare multiple companies before choosing the one that’s right for you. Make sure to read reviews, check the company’s reputation, and understand the terms of the sale before making a decision.
Selling your structured settlement payments can be a big decision, so it’s important to choose a reputable and trustworthy company to work with. The 10 best-structured settlement companies listed above are all known for their excellent service and customer satisfaction. By choosing one of these companies, you can feel confident that you’re getting the best deal possible.
In summary, the 10 best-structured settlement companies are J.G. Wentworth, Fairfield Funding, Stone Street Capital, DRB Capital, Peachtree Financial Solutions, AnFed Bank, Woodbridge Structured Funding, SenecaOne, CBC Settlement Funding, and Novation Settlement Solutions.
Each company has its own advantages and unique selling points, so it’s important to do your research and compare multiple companies before making a decision. With the right structured settlement company, you can receive a lump sum of cash that can help you achieve your financial goals.
Question and Answer
Q: What is a structured settlement company?
A: A structured settlement company is a financial services company that purchases structured settlements from individuals in exchange for a lump sum of cash.
Q: Why would someone want to sell their structured settlement payments?
A: There are several reasons why someone might want to sell their structured settlement payments. They may need a lump sum of cash for an emergency or to make a large purchase, or they may want to invest the money in a more profitable way.
Q: How do structured settlement companies determine the amount of money they offer for structured settlement payments?
A: Structured settlement companies typically offer a percentage of the total value of the structured settlement payments. The percentage offered can vary depending on factors such as the amount and frequency of the payments, the length of the payment term, and the financial strength of the issuing company.
Q: Are there any risks involved in selling structured settlement payments?
A: Yes, there are risks involved in selling structured settlement payments. It’s important to choose a reputable and trustworthy company to work with, as some companies may offer lowball offers or charge high fees. Additionally, selling structured settlement payments may have tax implications and can impact eligibility for government benefits.
Q: How can someone choose the best-structured settlement company for their needs?
A: To choose the best-structured settlement company, it’s important to do research and compare multiple companies. Look for companies with a good reputation, competitive pricing, and excellent customer service. It’s also important to understand the terms of the sale and any potential tax implications before making a decision.
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