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  2. By submitting this form, I am providing Structured Settlement Quotes with express written consent to contact me regarding product offerings by SMS/text messages or by using an auto dialer (or automated means) at the phone number(s) provided and such consent is not a condition of a purchase. I also consent and agree to Structured Settlement Quotes’s Privacy Policy and/or Terms of Use.

 
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    1 - Enter General Information:
    I have a:
    Structured Settlement Lottery Payments Other Annuity Worker's Compensation
    Name of Insurance Company That Pays Me
    2 - Describe each Payment Stream you want to Sell (one payment stream at a time):
    Would you like to enter another payment stream?
    YES
    NO
    Guaranteed
    Life Contingent
    Cost of Living Increase
    Your Payment Streams
    # Frequency Next Payment Amount Last Payment Guaranteed COLA Increase On Date Delete
    3 - Tell us about your highest offer so far, if any, then Click on "Finished":
    Have you received offers from other companies?

How Long Does The Structured Settlement Factoring Process Take?



The structured settlement factoring process takes between 6-8 weeks from the initial quote to when the annuitant receives their lump sum check. This process is many times advertised to be much shorter by unscrupulous structured settlement factoring companies.

Much of this time is allotted to securing a court date in the state the annuitant resides in. This time in most cases is universal from one factoring company to another.  For this reason the approval process takes 6- 8 weeks.

The factoring company who is purchasing your structured settlement also needs to take care of other legal aspects of the transfer process including the following:

  • approval from the insurance company
  • completing legal documents
  • securing an attorney in both the state the case was settled in and the state the annuitant resides in
  • drafting documents for the private investor who is funding the deal
  • other underwriting procedures

If you have other questions on this matter feel free to contact us.

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