buying settlements, losses when selling a structured settlement

Structured settlement selling.

what is the usual loss percentage when you sell a structured settlement. I.e i have $150,000.00 in one til 2016, I recieve about$590.00 a month from its interest. If i sell it what does my end of the deal look like? Do I get cut 30%, someone please help me theses brokers are vultures and I can't get a straight answer.. Thanks

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4 Answers

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tiptopmanager Answered:

You will lose from 50 to 70 per cent of your settlement. I would advise that you visit this site and read all the articles and visit the FAQ page before you decide to sell. I have a feeling that once you read everything, you will not sell.

http://www.structured-settlements-guide.com/

Good luck and best wishes,

Tip

Posted 4 years ago
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Kimberlee Answered:

Thank you very much. I knew it was a big percentage but had no idea it was that much! We will definatly not be selling it. Kimberlee

Posted 4 years ago

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jequiline raise Answered:

Each and every company offers different percentage. you need to select the best among them. Sun-income taxes fully deductible on your money.

http://www.atlanticstructuredassets.com

Posted 2 years ago

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Anonymous Answer:

The reason why the brokers can't tell you is because they don't know what the lender will offer until they receive your paperwork. I think you should be able to get more than 30% out of it if you shopped it. I would recommend contacting LawLeaf. They are at http://www.lawleaf.com.

You may also want to contact a few other ones. Don't corner yourself into one company because you don't have to take an offer. If a company makes you sign an agreement not to shop it elsewhere, don't sign. That is a good indication they will charge you a high rate for your settlement.