Settlement is a reward that a defendant gets when a lawsuit has been won. The term structured settlements means splitting this amount of reward into specific periodic payments. This settlement allows the payee to receive a certain fixed amount of money for over a specific period of time which can range from few years to decades.
Reasons for selling Structured Settlements
People end up selling their structured settlements as a result of mainly financial problems. They generally find themselves in the following conditions where they opt to either sacrifice part of their structured settlement or whole of it.
- Medical problems
In this article, we have gathered a list of top 10 structured settlement companies that have a high repute in the market.
This company is based in Boynton Beach, Florida. This firm acts as a mediatory between connecting people who want to sell their structured settlements, lottery winnings or pensions. The company also deals in providing services related to Personal Injury lawsuits.
2. J.G. Wentworth
This company certainly stands tall at any list of top structured settlement buyer companies. With its 20 years of experience in providing leading and diversified Consumer financial services, this company has maintained its ranking as the number one Structured Settlement buying company in the States. The company deals in purchase of structured settlements, mortgage lending, personal and business loans and prepaid cards. The company has the A+ score with BBB and four star rating from Trust Pilot. This company is based in Pennsylvania since its founding back in 1991.
3. Peachtree Financial Solutions
This is a Pennsylvania based company founded back in 1996 which helps the seller of structured settlements, annuities, lottery winnings as well as other stem lined payment holders. With its enriched history and broad experience in the market, company has helped over tens of thousands of customers across the country. This company also ahs A+ with BBB.
4. ANFED (Annuities Federal bank)
This company also offers best structured settlement purchasing offers to its customers. This company in actuality is a division of the Bofl Federal bank which is a publicly insured company. The bank deals in purchase of either partial or full structured settlements or lottery winning since 1999. The company also offers arioso other banking services.
This company was founded back in 2013 and is an online educational portal resource for selling structured settlements. The company is also partner with CBS settlement funding. This company provides tools and articles of sale and purchase of structured settlements and annuity payments. After getting the respective knowledge you can get free quotes from their affiliate company. Their affiliate company; CBS Settlement Funding was founded back in 2008 and holds A+ from BBB.
6. Liberty Settlement Funding
This is a Florida based company founded back in 2001 but with its successful purchase record ahs made it on to list of top 10 structured settlement buyer companies. The main focus of this company’s business is for purchase of structured settlements and other income sources for providing fair lump sum cash value. The company also deals in purchasing lottery winnings as well as annuity payments.
7. Oasis Financial
This company is incorporated in Rosemont, Illinois and is engaged in business of purchasing either whole structured settlements or portions of them. This firm also specializes in pre settlement funding for the clients who are waiting for verdicts in their favor for claims of Personal Injury cases.