SHREWSBURY MA 01545-3476

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    Kindly fill out our online quote request to sell annuity payments or simply pick up the phone and call Factor Financial today at +1 (781) 242-4000. Our Account Managers are friendly, knowledgeable and will treat you with respect. We’d love to hear from you!

    Structured Settlement | Frequently Asked Questions

    How long does it take to sell structured settlement annuity payments?

    Generally it takes 45-60 days to sell structured settlement annuity payments. It depends on the jurisdiction or county where the Payee lives and whether or not the annuity payments are life contingent.

    Can I sell life contingent structured settlement annuity payments?

    We are experts at buying life contingent annuity payments. Although we can’t guarantee the Payee will qualify for life insurance we know exactly how to proceed with each case.

    Will I receive a check or a bank wire if I decide to sell my annuity payments?

    We prefer to wire your funding check directly into your bank account. We’ll ask that you fill out a Funding Instructions form that you’ll have notarized. We cannot send closing funds to a third party.

    Do I have to go to a court hearing in order to sell structured settlement annuity payments?

    Generally yes, however there are a few states that don’t require your physical appearance. In those states your Affidavit is used to help the judge decide if the transaction is in your best interest. Hearings normally only last a few minutes.

    What are the chances my request to sell structured settlement payments gets approved?

    The majority of structured settlement annuity transfers are approved. The petition to transfer your payment rights must be found to be in your best interest. Occasionally transfer requests are denied due to poor reasoning or complete lack of other sources of income.

    How can I get a quote to sell my annuity payments?

    Simply fill out the quote request form in the upper right corner of our site or pick up the phone and call us to get a quote for your annuity payments. Call +1 (781) 242-4000.

    Can I sell just a portion of my annuity or do I have to sell the whole thing?

    If your annuity payments are large enough, then yes, you can sell just a portion of your annuity. If they’re very small then it may not be possible due to legal costs involved.

    What documents do you need from me if I want to sell structured settlement annuity payments?

    Generally, we’ll need a copy of your Annuity Contract, Bankruptcy Discharge (if bankruptcy was filed), Child Support Payoff (if past due child support is owed), Divorce Decree (if divorced), Driver’s License or State ID, Release & Settlement Agreement (we can help you get it) and your Social Security Card.