More than 25 years ago, J.G. Wentworth began providing customers with lump sums in exchange for their future payments. Since then, we’ve purchased more than $2.9 billion of future payments, making us the largest purchaser of structured settlements in the United States.
J.G. Wentworth’s extensive experience in purchasing structured settlement payments means that we can get you your money as soon as possible. We’re committed to offering industry-leading customer service, which is why we’re proud of our A+ rating from the Better Business Bureau.
Chapter 1. How Much Can I Get?
Depending on the details of your settlement, you might be able to sell some or all of your future payments for a cash lump sum. When you speak to one of our representatives, they’ll let you know how much of your structured settlement payments you’ll have to sell to get the cash you need.
How much you get for your payments depends on the terms of your structured settlement and the determined payment schedule. You won’t be able to exchange those future payments today for their face value because the value of money changes over time. This is due to something known as the Net Present Value, or NPV for short.
Unless you spend a lot of time thinking about investments and financial markets, you might find the idea of Net Present Value a little confusing, so we tried to explain it for you in this video:
We have more than 25 years of experience in purchasing these future payments and our representatives take pride in helping you get the largest lump sum for your structured settlement payments.
Chapter 3. selling my structured settlement
Many people think that if you choose to sell your structured settlement payments, you have to sell them all. While some do make the decision to do this, most people find that they only need to sell some of their future payments to get the lump sum they need.
When you speak to one of our representatives, we’ll try to give you a few options for how to sell your future payments to us. You can then choose the option that makes the most sense for your situation.
Depending on how much cash you need, you may be able to sell a limited number of payments to get your lump sum. How this option works is that you’ll sell payments that you’d be scheduled to receive over a specified period of time in exchange for a lump sum. All your other payments outside of that set period will remain the same.
If you don’t like the idea of having your structured settlement payments end early, you can choose to sell a portion of each payment instead. If you choose this option, you’ll end up getting a little less on each settlement check, however you’ll still receive something in regular settlement payments.
If you want a larger lump sum, you might have the option of selling your entire structured settlement payment stream. You’ll stop receiving regular payments completely, but you’ll have more cash to work with after completing your sale.
Every sale is unique, and what option works best for you depends on how much cash you need now, what your payments look like, and what makes sense for your personal budget and situation. To learn more about the options you have for selling your structured settlement payments, you can read more about it , or give us a call and we’ll try to give you the answers you need.