ANNUITY AND STRUCTURED SETTLEMENT FAQ
Q. Why should I work with JusticeFunds?
A. JusticeFunds has a competent and reliable team of professionals with over 85 years of combined experience helping individuals get maximum cash from lawsuit settlements, insurance settlements, and related situations. We can buy your structured settlement and pay cash fast. We understand your pressing cash flow needs in today’s economy and have created efficient, hassle-free ways to get you a larger lump sum of cash quickly.
JusticeFunds is well respected as the leading structured settlement cash provider in the institutional marketplace, and we have easy access to funds. We pay the most cash, faster in exchange for your structured settlement contract.
Q. What is a structured settlement?
A. It is a legally binding settlement where an individual agrees to accept a stream of payments over a period of time (usually many years), instead of receiving one lump sum payment in cash. This typically arises from a personal injury lawsuit where money is owed to the individual as part of settling the case.
For example, millions of people are injured in accidents each year. Often, an injured person opts for compensation through a structured settlement, paid and guaranteed by a large insurance company over a scheduled period of time.
JusticeFunds is a structured settlement purchaser. We provide our clients with a one-time lump sum cash payment based on the future value of the structured settlement’s payments. Because we have easy access to funds, we continually buy millions of dollars of structured settlements on a regular basis and guarantee the highest cash payment .
Q. Why do people sell their Structured Settlement payments?
A. Generally, the people who choose to sell some (or all) of their future payments do so because their life circumstances have changed since their original payment schedule was established. If you want the cash now rather than later, you are free to use your cash any way you like once you receive your lump sum cash settlement.
Q: What should I do with my lump-sum cash settlement?
A. Improve your quality of life! Put a down payment on a home, or pay for your child’s college education. Buy a new car, or pay off high-interest credit card debt. Having liquid cash assets give you financial freedom. People opt to sell their structured settlements and use the cash now instead of waiting to receive payments over time.
For example, consider the individual who is receives $10,000 a year from a structured settlement for the next 15 years, but needs more cash now to put a down payment on their first home. Selling the structured settlement provides the cash today needed to buy that house.
A. No. The settlement experts at JusticeFunds will work with you to carefully evaluate your needs and help tailor a program which best solves your issues. Sometimes, selling only part of your structured settlement is your best option… we can help you determine which choice provides you with the most flexibility to best meet your needs.
Q. How long does the structured settlement process take?
A. The process can take as little as four to six weeks once all completed forms are received. Initial underwriting and contract processing is completed quickly. We make the process as efficient and as seamless as possible, and we understand the importance of getting cash to you fast. We work diligently to steer you through this process quickly and hassle-free.
Q. Why do I need a judge's permission to sell remaining payments?
A. There are federal laws which impose large taxes on any entity who buys a settlement without a court’s advance approval. Around the country, state laws now require court approval as well. Generally, before anyone can sell (or transfer) the settlement payment rights, a court must find that the transaction is in your best interests. We will help you efficiently handle this process.
Q. How do I get started?
A. The first step is to call us at 1-800-705-1855 or to fill out the form on this page.
Still have a question? Call an experienced JusticeFunds professional at 1-800-705-1855 and we will be happy to help you.