It’s Not All Or Nothing
There are a few myths circulating around out there that if you want to take advantage of the lump sum option with your structured settlement that you have to sell your rights to all of your future payments. This just isn’t true.
The lump sum option gives you the opportunity to sell the rights to as few or as many future payments as you wish. In fact, many structured settlement holders choose to only sell a portion of their future payments because they want the security of knowing they’ll continue to receive payments in the future. They get some cash now, and the reassurance of future payments as well. Now that’s a pretty good deal.
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