FAQS

Table of Contents

1. When will I get my money?
2. How much will I get?
3. Is my information confidential?
4. Will I have to pay taxes on my payout?
5. How do I begin?
6. Are all structured settlements eligible?
7. Do you accept partial assignments?
8. What type of property notes do you buy?
9. Are there any fees involved?
10. Do I have to sell the whole settlement?

Answers

1. When will I get my money?
   
   Usually, it takes about 3-4 weeks to complete the transaction depending on receipt of the proper documentation
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2. How much will I get?
   
   The amount you receive depends on various factors.
   
   • Total value of the account.
   • Term of the account and number of payments left.
   • What agency is involved in the payout to you.
   • Assignability of the payments.
   • Quality of the note.
   Most awards are based on "present value" which is how much the note/account is worth today. We will be happy to give you a quote when you submit the questionaire  Form. We may need to call you for additional information, as well.
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3. Is my information confidential?
   
   Absolutely. We do not share any personal information unless we receive your permission to do so. See our privacy policy.  Privacy Policy
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4. Will I have to pay taxes on my payout??
   
   On June 10, 1999, the IRS issued Private Letter Ruling 119273-97, which confirmed that an individual's sale of their structured settlement payments would not create a tax liability to that individual. However: we suggest you consult a tax professional or attorney. We are not licensed to advise you on tax matters.
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5. How do I begin?
   
   The first thing you should do is fill out and submit the questionaire on the form page  Form or call us at the number on the contact page  Contact. Be sure to have all the pertinent details available when you call.
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6. Are all structured settlements eligible?
   
   Most are, but a few are not. We do not buy second position notes. Some awards or annuities may be "non-assignable". We will need to evaluate them on a case by case basis. We do not buy notes on mobile homes without land. We do not purchase workman's compensation awards, Social Security payments, divorce court judgements or retirement plans/IRA's. Please note, we do not buy real estate properties.
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7. Do you accept partial assignments?
   
   Yes. Inquire by phone for details or the types of notes/accounts we accept. Also see #10 below.
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8. What type of property notes do you buy?


The following properties are eligible:

• Single family residences
• Duplexes
• Condos
• Town houses
• Apartment buildings
• Commercial buildings
• Land either unimproved or improved
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9. Are there any fees involved?
   
   Absolutely not. Your payment is the quoted price.
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10. Do I have to sell the whole settlement?


No. Just the amount of future payments you wish to sell, though a minimum may apply.
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