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It is not at all uncommon for the recipient of a structured settlement to eventually come to the conclusion that the regularly scheduled payments are simply not enough to cover the ever-increasing costs of living expenses. Settlement funding companies have recognized the significance of this financial dilemma and have made every effort to provide the structured settlement recipient with an option to obtain more money. The structured settlement funding companies will purchase the recipient’s structured settlement payment rights and provide a lump sum of money.
When you have made the very sensitive and educated decision to sell all or part of your structured settlement, there are some very important factors to keep in mind. Before even contacting a structured settlement funding company for a quote, it would certainly be considered beneficial to look into the company’s business and customer experience histories. Completing a simple online search should provide you with an overwhelming amount of information regarding both consumer reviews and general business relations.
It is regularly recommended by experienced financial and legal professionals that the recipient of a structured settlement interested in selling obtain multiple quotes from several reputable funding companies. Often, the recipient is able to obtain the most accurate quote from a company when they do not inform the company of any previously calculated competitor estimates. Often, you can get a glimpse of the honesty level of the company by carefully analyzing the first quote they provide. If the company is relatively straightforward and honest, you can expect a competitive quote right from the start. However, a really low offer can alert you to look for a financial solution elsewhere.
The extreme levels of care and attention professionally recommended in the interest of the recipient of structured settlements should provide a relatively straightforward message conveying that altering this process in any way is a very serious financial decision. If you are the recipient of a structured settlement and are struggling with making the important decision about your most beneficial course of action, feel free to contact Genex Capital at 1-800-257-3110 FREE. Immediately, an experienced and professional financial planner will be available to help you discuss your individual situation and determine the best course of action for your unique needs.