You have chosen a buyer for your structured settlement and you are wondering what the rest of the steps are. Now well take you through the rest of the process so that you know what you should do to make the process as easy as possible.
1. Once you have chosen your buyer, you will need to provide the buyer with some information. The quicker you gather the information, the less time it will take, but the process can last anywhere from two to fourteen days.
The things that you may need to provide are the following:
Release/court judgment/settlement agreement The contract from the payment provider or insurance company/Annuity policy Bank statement or stub to verify payment Your own personal information, which could include a state issued ID or drivers license. Copy of divorce decree or marriage license (if it applies) Any documents discharging a bankruptcy (if it applies) Information about your lawyer
2. After everything is in the buyers hands, this is a good time to ask them what about the underwriting process and how it works. Beware if the buyer says it will be a short processing time.
3. Once the underwriting process is done, the buyer will...
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