Sell Your Structured Settlement Payments in Pennsylvania
What are structured settlements?
When you win a personal injury, medical malpractice, or wrongful death claim, a judge may award you a structured settlement. This compensation consists of regularly scheduled payments sent to you from the defendant’s insurance company. The frequency and amount of the payments depend on terms decided upon during the resolution of your claim.
Once the terms of the settlement are finalized in court, they cannot be altered. Although the periodic payments from a settlement can provide a reliable source of income, you may find that your financial goals would be better served by a lump sum of cash. Fortunately, you can sell some or all of your payments to J.G. Wentworth and receive a lump sum in return!
Why would I sell my payments?
- Life Expenses - The money you receive could help bolster your funds when you are faced with major life milestones like the birth of a child or a wedding. Your lump sum could also go towards large expenses like a down payment on your first home or renovations on your current home.
- Debt Solutions - When you have multiple monthly loan payments, the money you pay towards interest can begin to pile up. A large lump sum can allow you to consolidate or even pay off your debts, giving you more financial freedom.
- Business Endeavors - Starting your own business is a thrilling but potentially expensive prospect. The lump sum you get in return for your future payments can help you finance a new entrepreneurial endeavor.
If you’re ready to sell your future payments, it’s easy to get started.
Process of Selling Structured Settlement Payments in Pennsylvania
We have streamlined the process of selling your payments to make it as convenient as possible for you.
Step 1: Contact Us
You can give us a call, start a live chat, or request a quote online. When you speak with a representative, they will get all the relevant information about your settlement and prepare a quote for you.
Step 2: Receive a Quote
When you receive your quote, it will typically have multiple options to get you the lump sum you’re looking for. You can sell a portion of each payment, payments within a set timeframe, or all of your remaining payments.
Step 3: Select Your Option
Once you’ve decided which option you’d like to move forward with, you will receive a contract to sign. A representative will also help you get any paperwork you need.
Step 4: Get Approval from the Court
In Pennsylvania and most other states, you’ll need to receive approval from a judge in order to move forward with the sale.
Step 5: Receive Your Cash
After the transaction has been approved in court, you will receive a lump sum of cash.
Why choose J.G. Wentworth?
J.G. Wentworth’s commitment to customer service has helped thousands of customers meet their financial goals. Our dedication to our customer’s satisfaction has earned us an A+ rating with the Better Business Bureau and cemented our status as theleader in our industry. To learn more about how we purchase structured settlement payments in Pennsylvania, visit our website or contact us today.
J.G. Wentworth is a purchaser of assets and does not offer legal, tax, or financial advice. Please contact independent professionals for those services.