Cash for structured settlement payments
About us
What is a structured settlement?
Structured settlements are contractual arrangements where a claimant is compensated for damages with a series of payments over time. The most common types of structured settlements result from personal injury, medical malpractice, or wrongful death cases. Structured settlements typically have a set schedule of payments that outlines how often and in what amount an annuitant will receive payments. There are approximately $1 million structured settlements at a value of $140 billion.
Can I sell my structured settlement?
In most cases, yes. If your bills are higher than your monthly payments, we can help you access cash by selling your future payments. Many of our customers who sell structured settlements use the cash for:
Debt/credit card consolidation
Home repair/improvement
Education
Car purchase/repair
Medical
It’s your money – you decide
How selling your payments works
You can sell all or part of your future payments for a lump sum payment.
1. Speak with a structured settlement expert
Tell us how much cash you need. We will ask a few questions about your payments, provide a quote if you are eligible, and answer any questions.
2. Accept quote and sign contract
When you are ready, sign the contract. My Payment Source takes care of all the paperwork including scheduling a court date in 6-10 weeks.
3. Obtain approval at court
Court approval ensures you receive a fair deal for your payments. Judges want to make sure you understand the contract and are making the right decision.
4. Receive cash
Once the court approves your transaction, you receive the lump sum payment.
Only need a little cash?
Payment loans do not require a court date and you may be able to receive cash the same day. Good credit is not required as loan payments are automatically deducted from your future payments.