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FAQs

How long does the process take?

In most cases the industry-wide standard is a minimum of 90 days. Some companies will tell you they can get your deal processed in weeks. Unfortunately, courts do not operate that quickly. Most people want a set time frame and need the money right away. Some people will try to use that need against you. They will tell you what you want to hear, and then leave you waiting.

Why is a court order necessary?

Most states have passed a Model Act that requires annuitants to obtain a court order prior to reassigning their payments. In most cases a personal court appearance is not required.

How much do I get?

There are many variables involved. The financial rating of the insurance company making the payments, the size of your transaction and how far into the future the payments extend, all affect the amount you will receive. Our financing experts will be glad to discuss with you what your needs are and provide you with a quote.

Do I pay taxes on this?

No. On June 10, 1999, IRS issued Private Letter Ruling 119273-97, which confirmed that an individual's sale of their structured settlement payments would not create a tax liability to that individual.

Would you buy all or part of my future payments?

We can structure your deal in multiple ways. For example, we can buy all remaining payments, a partial number of payments or a percentage of your payments.

Do you charge any closing fees or other costs?

No. There are no hidden transaction costs; all fees are disclosed ahead of time.

What rate of discount do you typically use?

PPI Cash's purchase rates are the most competitive rates in the industry. Rates vary based upon the type and structure of the transaction.

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