3 Questions to Ask Before You Sell Your Structured Settlement for Cash

Selling your structured settlement is a big financial move for an annuitant to make. If you’re thinking of selling some or all of your future payments, here are a few questions to ask yourself -- and an expert -- before making the decision.

Sell Your Structured Settlement for Cash#1 Is it legal to sell my future structured settlement payments?

Federal and state law permits structured settlement annuitants to sell their future payments only if they really need the money. With the help of a financial expert, you can determine whether the holder is legally able to sell in the first place and if so, a financial expert can help you weigh the advantages and disadvantages of selling. We have a directory of applicable state laws on our website to help you research. You can also call us, and a member of our team will be able to help.

#2 Should I sell my structured settlement to get the cash I need?

Selling isn’t the answer for everyone, but there are some good reasons you might make the choice to sell your structured settlement. Sometimes, you might need a lump sum of money to:

  • Buy a home
  • Avoid foreclosure
  • Make a major home repair
  • Open a business
  • Pay for college
  • Cover medical bills
  • Pay off debt

But the thing is, a structured settlement is a valuable asset. It might be in your best interest to hang on to your future payments if there is another way for you to get the money you need. Our team at CrowFly would be happy to discuss your situation and help you make this decision with absolutely no obligation. It’s part of our mission to ensure people sell for the right reasons. We aim to educate each individual who comes to us for assistance.

#3 How much money can I get from selling my structured settlement?

It’s important to shop around for the best deal, so you can be sure you’ll get the most from your asset. Many people start by searching online for companies that buy structured settlements. But it’s important to know that the top three structured settlement factoring companies that will likely show up in your search results are all part of the same organization. And many of these “factoring” companies tell you that they guarantee giving you the best price when they buy your future payments. But really, most of them are owned by the same parent company, and their offer may not actually be the best around.

At CrowFly, it’s more important to us that sellers get the best deal than it is for us to make the sale. Of course, we want your business, but we want the move to be in your best interest and benefit you the most. To get a good idea of how much you can expect to receive for your structured settlement from CrowFly, try out our calculator to get a free estimate. You won’t have to give us any identifying information at all to use this tool. You can also get started online. 

If you would rather speak with a knowledgeable person before making a decision, we welcome you to call CrowFly at 833-CROWFLY to discuss your options.