Shopping for offers and Consulting a Lawyer

Shop Around For Offers

Remember, do not take up the first offer you receive for the sale of your structured settlement, if you are approached about it, or if you find yourself a buyer. Almost always, there is a benefit in consulting different brokers or buyers in regards to your settlement. Just be sure that you are working with a reliable lawyer who has an established reputation.

Consult A Lawyer

In regards to your structured settlement it is always wise to consult a reliable lawyer before agreeing to the sale. Doing this has a number of benefits, like ensuring that your rights are protected. The lawyer can also help when you are not in control of a situation, for example if a company which purchases your settlement is, for some reason, not able to collect the payments from the insurance company which issued the annuities in your settlement package. A lawyer will be able to tell you if the terms of the purchase agreement are reasonable, and may also be able to advise you as to whether the offer made for your settlement is adequate.