REASONS TO SELL A STRUCTURED SETTLEMENT?
Should You Sell Structured Settlement?
The decision to sell a structured settlement should not be made lightly, and never without first acquiring the proper knowledge about the process and your options. While there are a myriad of practical reasons for selling a structured settlement, “because I want to,” shouldn’t be one of them. Unfortunately, the structured settlement buying industry is rife with structured settlement buyers whose only objective is to close a deal, steering customers in the wrong direct.
How to avoid selling your structured settlement when it isn’t in your best interest?
In this section, you will learn about all the different opportunities available to sellers of structured settlements as well as how to avoid selling your structured settlement when it isn’t in your best interest.
The thought of selling a structured settlement is a great option – who wouldn’t want a cash infusion in his or her life? But if that money were to be allocated in ways that wouldn’t provide a long-term benefit to the seller, then the seller would have been better off keeping their originally scheduled payments. There are many great reasons for people to sell structured settlements; however, whether or not any of those reasons are in your best interest depends entirely on your particular situation.
This is why it is so crucial to ensure you choose a reputable buyer for your structured settlement. A good structured settlement buyer will walk you through the process, evaluate your individual situation, and provide you with the information you need to make the decision that is best for you.
Why Should I sell my structured settlement?
At RSL Funding, we’ve helped customers sell their structured settlements for a variety of reasons that have shaped their futures in ways structured payments simply could not. The following are examples of how past customers have sold structured settlements in order to better their lives:
1-Gone back to school to train for a different or more lucrative career
2-Made a down payment on a new home
3-Paid off nagging debt that had been crippling household finances
4-Started a not-for-profit to help others in need
5-Invested in a business venture
6-Paid off medical bills from an unexpected illness
7-Pursued a lifelong dream of starting a business
If one or several of these examples reminds you of your own situation, sit down with a qualified structured settlement buyer and discuss what options are available to you. If none of the reasons above particularly resonate with why you want to sell your structured settlement, it doesn’t mean your reason isn’t valid; it all depends on your personal circumstances and it is still worthwhile to discuss your options with a professional structured settlement buyer, like RSL Funding.
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