Guide to Selling Annuity Payments
Settlement Quotes (SQ) provides multiple lump-sum quotes from the top annuity funding companies in the industry in return for your future annuity payments.
1) The first step to selling annuity payments would be to figure out the exact amount of money that you need. Many people sell their annuity payments in order to pay off their debt, purchase a home, or send a child to college.
2) After figuring out the amount of money that you need, it is time to obtain all of your annuity payment details, including the insurance company and the exact dates and amounts of the payments you wish to sell.
3) The information that you gather will allow us to provide you with the present day value of your annuities. StructuredSettlement-Quotes.com offers customizable payment plans allowing you to keep part of your fixed income, only selling part of your annuity payments.
4) Next fill out the form to the left with your payment information. Include the amount of payments you wish to sell along with the total amount of payments you wish to sell. (Example 25 x $962) We will then call you to discuss your options over the phone or email.
5) After discussing the best payment options for your annuities we will match you up with the annuity buyer that provides us with the best quote for your future annuity payments.
6) SQ will then have the annuity buyer contact you at your best convenience.
7) The annuity buyer will then send documents to you which will need to be signed for the process to continue. This process takes at the minimum 3 to 10 days required by state law.
8) After the factoring company receives all of your documents, they will continue with their underwriting process. This takes between 3-5 weeks to complete.
9) After the underwriting takes place, the transaction will need to be approved by a judge to complete the transfer of payments.
The entire process takes between 4-6 weeks to complete. If you would like to receive your free quotes today, please complete the form to the left.