Direct answer
Yes, you can sell your payments, but it typically requires a court order where a judge must determine that the transaction is in your best interest. It depends on whether your state’s Structured Settlement Protection Act requirements are met, which often involve financial disclosures and legal representation.
State-specific Structured Settlement Protection Acts and court approval process guidelines. For additional information about the legislative standards governing these transactions, see the National Association of Settlement Purchasers‘ overview of state regulatory requirements.
What this means for you
Yes, you can sell your payments, but it typically requires a court order where a judge must determine that the transaction is in your best interest. It depends on whether your state’s Structured Settlement Protection Act requirements are met, which often involve financial disclosures and legal representation.
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