If you are considering selling your structured settlement for instant cash but do not know the right and proper ways to go through the process, then read on and learn the basic steps in selling your settlement funds.

Step 1

You need to make sure that selling your settlement is the most logical option for you. There is stability in keeping your funds the way they are, but if your in need of immediate money it is by far more important than the stability of keeping the annuity, then it is better to sell it.

Step 2

How much are you willing to sell? If your funds are hefty enough do not sell the entire amount, then opt to leave certain amount of your settlement to maintain the periodic payment coming in for a few more years to come. But if the whole amount of your settlement is the answer to your financial dilemma, then sell all of your annuity.

Step 3

Look for various companies and ask for their quotes, it is best to have at least three quotations. It would be best to consult with their agents to know the options, their offers and the terms and conditions of their company. The internet is the best tool for you in searching for these structured settlement companies.

Step 4

Compare the many companies out there, considering on the rates, reputation, after sales services and just about anything you look for in a structured settlement. You need to be wise in your decision, as not all structured settlement companies are the same, so make sure that you discern very well for the best company to buy your annuity for your sake.

Step 5

If the intricacies of the process overwhelm you, then you can consult this situation with your lawyer. He can give you insights on what your expectations will be. He will also be the guide in ensuring to gain the best result out of the procedure that will benefit you.