What is a structured settlement?


A structured settlement is a financial agreement that allows court-awarded payments to

be paid in periodic installments over time (whether over a fixed period of time or continuously during the recipient’s lifetime), rather than being paid in a lump sum.

Do I have to sell my complete structured settlement payments? Or, can I sell a portion of my structured settlement payments?

You do not have to sell your entire structured settlement payment funds. You are able to

sell a portion of the structured settlement payment funds instead. We will be there to advise you, based on your needs only, on the appropriate course of action to take when deciding the amount of your structured settlement payment funds to sell.

What are the benefits of selling my structured settlement? Should I sell my structured settlement?

If you are considering selling your structured settlement, it is typically because you need

cash now - rather than over a long period of time - for one reason or another. By working with We Pay More Funding, we will make sure that you feel comfortable with the plan set in place to take care of your immediate needs while looking out for your future financially as well.

What are some types of financial needs that are considered a reason to sell payments?

There are many valid reasons for the need to sell your structured settlement for a lump

sum of cash. Some of these include paying off a large debt, providing medical care for

you or a loved one, purchasing a new home, purchasing a reliable car, pursuing a higher education, and many more.

What does the process entail when selling a structured settlement?

At We Pay More Funding, we want your process of selling a structured settlement to be

simple and without stress. When you enter a contract with us, we have complete open communication and go through the process with you step-by-step so that you feel as if you can trust us and have confidence in our abilities. Once you enter the contract, we will get a court order on your behalf (with no cost to you) and have your payments assigned to us once you have received your lump sum of cash.

How much money should I expect to receive?

The amount of money you will receive from selling a structured settlement depends on a

few factors. Luckily, by working with We Pay More Funding, we work to get you the highest possible amount in the fastest possible time.

Does my insurance company play a role in selling my structured settlement?

Basically, the answer is no because the choice to sell your structured settlement is your

decision. We will be the ones handling communication with your insurance company to ensure a smooth transaction.

How long does it take to receive my money?

At We Pay More Funding, we aim to get you your money as fast as possible. The process typically takes anywhere from 45-90 days depending on the state’s laws and provided the judge signs the court order. However, there have been times where we have been able to get a client’s money within 2-5 days.

Will I be required to appear in court?

Yes, all transfers do typically require court approval, and most districts will require you to

appear in court in order to follow best practices and to protect the individual so that he or she understands the sale process and that the transfer is in his or her best interest.

Are there any tax penalties from selling my structured payouts?

As we are not entitled to offer tax advice, we can say that the IRS did issue a prior ruling

confirming that the sale of a structured payout would not create tax penalties. You should be able avoid any tax penalties as long as the transfer complies with federal and state laws. It is noted that the government has concurred that any money coming from a pain and suffering settlement is tax exempt. We do recommend to speak with a professional tax advisor regarding any potential tax implications for your best interest.

Are there any additional expenses that I will have to pay to sell my structured settlement?

Absolutely not. At We Pay More Funding, we do not have any hidden fees. We take care

of all costs that are associated with the transaction process.

How will I be paid?

You can receive payment whichever way you prefer. We can send you a check, or we

can send a wire directly into your bank account.