Questions To Ask A Structured Settlement Buyer
Before you sell your Structured Settlement payments you need to know that you are dealing with a reputable buyer of structured settlements. Below we've listed questions you should ask prior to selling your structured settlement payments.
- How long have they been in business?
- Is their contact and business information verifiable?
- Are they bonded or insured?
- What is their underwriting criteria?
- How is their Better Business Bureau rating?
- Do they handle your type of structured settlement?
- How many structured settlement purchases do they do a year?
- Are they familiar with your local courts and state practices?
- What is their success rate in obtaining structure settlement requests in your state?
- How will they price your structured settlement?
- What discount rate did they use in the quote?
- Can they provide a time table for the process?
- Do they use multiple financing sources for your quote?
- Are they a principal or a broker?
- Are they associated or member of a larger corporation?
- Do they have a privacy policy?
- Are they members of trade and professional organizations?
- Are they professional in all communications and business presence?
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