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Wednesday, January 18, 2012

Sell a Structured Insurance Settlement - How Going to 3 Places Can Increase Your Lump Sum

Everyone that is looking to sell a structured insurance settlement has the benefit of knowing when they want to do so which puts them at an advantage when it comes to determining the size of their lump sum. Making the decision to prepare ahead of time will make sure that any cash that is received will be the highest amount possible. When it comes to ensuring a large payment from the buying company, there are three places that you can visit to make sure that cash you get is all the cash you deserve.


The first place you need to visit to ensure you'll get the maximum value for your payment stream is the place where you keep your important documents. This could be a room in your home, a storage facility, or a relative's place of residence. The reason you want to go where you keep your important documents is to retrieve the documents that pertain to your case. You want to find those pieces of paperwork that give all the specific details of your awarded cash flow. Having this paperwork handy before you sell a structured insurance settlement will certainly speed up the process which in essence will get you your money faster and in more abundance.


The second place you need to visit is an attorney's office. Having an attorney in place before you make any moves will ensure that you don't get taken advantage of when you do business with the buying company. An attorney will be able to help you wade through all the legal jargon that accompanies such a business transaction. Any organization that would be interested in purchasing your payment stream will certainly have attorneys on their side so it would only be in your best interest to have one on your side when you sell a structured insurance settlement. If paying for an attorney frightens you, an inexpensive way to go would be to sign up for a prepaid legal service just long enough to have your business completed.


The third place you should visit in order to increase the size of your lump sum is a place where you can use a computer and fax machine. This could be a room in your home or at a friend's house, the local library, or at a business such as Kinko's. Having access to a computer and fax machine when you sell a structured insurance settlement will help you find potential cash flow buyers faster via the internet. The fax machine will allow you to send and receive documents pertaining to your case much faster too.


In a business where the passing of time could mean less money in your pocket, it is essential that you try to move as rapidly and productively as possible when looking to sell your cash flow. In terms of a lump sum, your payment stream looses value with each passing day because of the time value of money. So when you sell a structured insurance settlement, make sure you visit these three places and you will be assured of a larger lump sum.


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