Tuesday, March 1, 2011

Structured Settlement Company

Questions To Ask Structured Settlement Company

As you are going through the process of evaluating companies, there are some key questions you want to make sure you ask. Getting the answers to these questions will help you in your decision making process. These questions will help you to make certain that the company you are selling your settlement to will do what is best in your interests.

1. What is the length of time the company has been in the business of purchasing structured insurance settlements?
2. Are you able to verify their business and contact information?
3. Do they have proof that they are insured and bonded?
4. What is their rating with the Better Business Bureau?
5. How will they be taking care of your particular kind of structured insurance settlement?
6. What is the number of structured settlements that they purchase annually?
7. What is their rate structure? What are their fees?
8. What is the company's time frame for completing the transaction?
9. Is the structured settlement company operates as a broker or "go between" or are they the actual purchase of the settlement?
10. Will they keep your information private?

Something that you want to do before you make a decision on selling your structured settlement is to consult with a lawyer, or someone else that is professional and knowledgeable about financial decisions.

Be certain that whoever you choose can show you credentials and is familiar with the process of the courts before making a final decision.

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