After a long and tiring civil lawsuit, you may have been awarded money. This money is to pay you for their wrongdoing. For example, maybe a doctor mistreated you, or your family member was a victim of malpractice. After a draining legal battle, you have finally won. You may have been out of work and need the money fast, but the judge declared the money is to be paid in increments. This is where companies that buy structured settlements can help you.
Understanding a Structured Settlement
To understand how companies that buy structured settlements work, you must first understand what a structured settlement is. A structured settlement is when a company or person is paying money to the other party to right a wrong. Many civil suits end in structured settlements. The judge will declare how the structured settlement will be paid. For example, it could be paid in increments over time or one lump sum. Typically, and especially in cases where the awarded party is issued a large amount of money, the judge declares the money to be paid in increments. This helps protect the injured party from spending it all at once.
Get Your Money Fast
There are times when you need money fast. Have you been out of work? Do you have bills to pay? Are you looking to buy a new house? Companies that buy structured settlements such as We Pay More Funding are easy to work with and will get you your money fast. You can arrange different types of payments with them. You have the option of selling your entire structured settlement or only a few payments. The choice is yours.
