10 Structured Settlement PLR Articles

Steps For Selling A Structured Settlement Part 2

You have chosen a buyer for your structured settlement and you are wondering what the rest of the steps are. Now well take you through the rest of the process so
that you know what you should do to make the process as easy as possible.

1. Once you have chosen your buyer, you will need to provide the buyer with some information. The quicker you gather the information, the less time it will
take, but the process can last anywhere from two to fourteen days.

The things that you may need to provide are the following:

Release/court judgment/settlement agreement The contract from the payment provider or insurance company/Annuity policy Bank statement or stub to verify payment Your own personal information, which could include a state issued ID or drivers license. Copy of divorce decree or marriage license (if it applies) Any documents discharging a bankruptcy (if it applies) Information about your lawyer

2. After everything is in the buyers hands, this is a good time to ask them what about the underwriting process and how it works. Beware if the buyer says it
will be a short processing time.

3. Once the underwriting process is done, the buyer will give it to a judge to review. Ask your attorney if you should appear, and if its in your best interests. Find out from the buyer what the costs are and who will be responsible to pay them.

4. If your request is approved, the buyer will give you the money.

Remember this is just a set of guidelines, and each situation is unique.