DRB Capital Structured Settlement CompanyDRB capitalDRB Capital is one of the most trusted structured settlement companies. They have earned a solid reputation due to their stellar customer service. The company is passionate about helping customers gain access to their money in a timely manner.

DRB Capital has been in business since structured settlements began growing in popularity. From start to finish, they work with customers to understand their rights and best interests when it comes to selling the settlement.

DRB Capital purchases structured settlements and annuities. The company offers a free, no-obligation quote within minutes after a brief phone conversation. With their best price guarantee, no need to worry about if you are getting the best price for your settlement payments.

If you choose DRB Capital, you will find you are offered the services of a dedicated customer service representative who helps with all of your paperwork and answers any questions or concerns you have during the process.

Rating: 5
Fairfield FundingFairfield Funding is headquartered in Atlanta, Georgia and offers a range of factoring services if you want to sell your future structured settlement or annuity payments. The company’s representatives have over 25 years of combined experience helping individuals who need their money now.
Rating: 4
CBC Settlement FundingCBC Settlement Funding is headquartered in Conshohocken, Pennsylvania. This structured settlement company purchases annuity payments from those who need a lump sum of cash. The company was founded in 2009 and has a great reputation among funding companies. In addition to purchasing your structured settlements or annuities, they also offer pre-settlement funding.
Rating: 4
Oasis Legal FinanceOasis Legal Finance was founded in 2002 and its corporate headquarters are located in Rosemont, Illinois. They offer pre-settlement funding and purchase structured settlement and annuity payments. When working with Oasis Legal Finance, you will be given a case manager who helps you through all of the steps involved in the process.
Rating: 4
Novation Settlement SolutionsNovation Settlement Solutions is headquartered in West Palm Beach, Florida. This company was founded in 2000. The company offers a time frame guarantee on their purchase of structured settlement and annuity payments.
Rating: 4
Client First Settlement FundingClient First Settlement Funding was founded in 2008 and their headquarters are in Boca Raton, Florida. They provide services for both structured settlements and annuities of all types. Client First Settlement offers you a tailored approach to help you through each step.
Rating: 3.5
SenecaOneSeneca One was founded in 2002 and is headquartered in Bethesda, Maryland. They specialize in structured settlements, lottery winnings, and pre-settlement. They help you explore your options for meeting your long-term financial goals.
Rating: 3.5
Liberty Settlement FundingLiberty Settlement Funding is a newer company in the industry that was founded in 2015. Their corporate headquarters is located in Dania Beach, Florida and they handle the purchase of structured settlements, lottery payouts, and annuities.
Rating: 3
Singer Asset Finance CompanySinger Asset Finance Company was founded in 1995 and they are headquartered in Boca Raton, Florida. They work with customers who have structured settlements, lottery payments, and annuities.
Rating: 3
Stone Street CapitalStone Street Capital was founded in 1989 and are based in Bethesda, Maryland. They offer fast cash if you want to sell settlements, annuities, or lottery winnings. They offer free quotes for the value of your payments, so you can decide if you want to proceed.
Rating: 3

Choosing the Right Buyer Means More Money

There are many reasons to sell your settlement. Most people consider selling when they want to make an investment such as buying a house or they are in a financial bind. In both cases, selling a settlement will get a significant lump sum payment to achieve goals or resolve problems.

Careful consideration must be taken when choosing a buyer for your structured settlement annuity. With proper research, you will be able to find the ideal factoring company to help you gain access to your money instead of waiting on monthly payments.

Aside from learning as much as you can about a structured settlement purchaser, you need to make sure you compare the discount rate for each settlement annuity buyer. This rate will determine how much you receive as your lump sum payment. It is important to note that the discount rate is not the same between different companies, so shopping around is essential.

How to Choose the Best Company for Your Needs

There are a few criteria you should consider when looking for a company to buy your structured settlement payments. The following offers some insight into what you should look for when you are making a decision on a buyer.

  • Customer Service: Checking the customer service of a company is a must. You should gauge the customer service level from the interactions you have with any company representatives. If you feel like you are being rushed and your questions are not being answered, it is not a good fit and you should keep looking.
  • Offered Amount: Not all purchasers will offer you the same amount. The market is very competitive among firms and savvy individuals can use this to their advantage. Make sure you are getting as much of your settlement money as possible in the lump sum payment. Do not be afraid to shop around for the best offer.
  • Time Period: What time period does the purchaser offer? The average time is around 4-6 weeks but could be longer with the required court proceedings. Be careful of purchasers who promise money within days. These funding companies typically offer a loan on the payout and this can reduce the amount given to you.

Avoid Companies Like this to Save Time & Get More Money

As with any business transaction, watch for red flags. If any of the following are noticed, you should immediately stop the process and look for a different buyer.

  • The company representative is pushy and pressuring you to make a decision.
  • The company does not have a physical address and very little contact information.
  • The company never immediately answers phone calls and only returns them later.
  • The company is not exhibiting transparency and the process seems confusing.

Avoid firms with a discount rate that is too high. Higher discount rates can mean significantly less money for you. The lower the discount rate, the more money goes in your pocket.

The annuity buyer should make you feel comfortable and at ease throughout the process. Every step should be explained in exhaustive detail. The purchaser should never pressure you to agree to the transaction and they should offer sufficient time for a decision to be made. There are many companies that buy annuities and can offer the help you need, do not settle for less.

Carefully researching each annuity buyer and taking time in the process will help to ensure your transaction is smooth. Even if you feel desperate to have your money as soon as possible, rushing the process is not the answer. Choosing the right purchaser will make the process easy for you.

Why Should You Consider Selling Your Payments?

You may feel compelled to sell your future payments due to financial distress. Structured settlement companies understand you need your money as quickly as possible and it is their goal to get you your funds in a timely manner.

One of the biggest reasons for problems during the selling process is a lack of research. When you are in a financial bind, you may not make the best choice. You should never allow your financial desperation to affect the decision process as it can have a negative impact on your long term financial security.

There are many reasons people choose to sell their payments, but the following are some of the most common:

To pay off debt

To purchase a home

To purchase a car

To start a business

To invest your money

To pay for college

It is important you realize you do not have to sell all of your payments at once. A partial sale is an option and can allow you to get the cash you need right now and still have payments coming in for future financial security.

Pros and Cons of Selling Payments:

  • You receive money immediately
  • High-interest debts can be paid off
  • You can invest your lump sum and get a higher yield interest rate
  • The payments are being sold at a discount, so some money is lost
  • There is a risk of making poor financial decisions
  • There is less financial security for your future

When deciding whether or not to sell, great care should be taken in making a decision.

What to Expect from the Process

Once you have carefully researched and made up your mind, it is important you understand the process and what to expect from each step.

As with any financial transaction, there are steps that must be carried out to ensure the transaction is legal and compliant with all relevant laws. The Structured Settlement Protection Act (SSPA) became law in 2002. This act protects the consumer and ensures the process is fair in meeting your financial needs.

SSPA was passed primarily to protect the victims of the September 11 attack. The act was meant to make consumers aware of how to protect yourself when selling your future payments, so you can make the right decisions. Because of this act, there are a series of steps that must be taken before the transaction can be completed.

The following are the steps you can expect:

  1. Shop around and find a trusted company like DRB Capital to work with.
  2. Get a free quote and accept the cash offer from the factoring company.
  3. The buyer (factoring company) draws up the documents for your transaction.
  4. A hearing date is scheduled, so a judge can oversee the transaction.
  5. The order is then sent to the insurance company and you receive your money from the factoring company.

In some states, you will be required to receive Independent Professional Advice before you complete the sale of your structured payments. The IPA is from financial planner that will assist you in understanding the implications of selling your payments and the impact it will have on your financial security.

In most states, there is a cooling off period that lasts 3-10 days between the signing of the documents and processing. During this time period, you have the right to cancel at any time and the documents cannot be processed by the buyer until this time period has elapsed.

Finally, it is up to the judge to decide whether or not the transaction can be completed. The judge will look at the following to make a determination.

Reason for selling payments

Discount rate

Seller’s employment status

Prior transactions

FAQ

Who buys structured settlements?

There are many buyout companies that purchase settlements and annuities, these are called factoring companies.

What are some websites for companies who buys accident settlements?

DRB Capital purchases structured settlements resulting from accidents. The easiest way is to call them at (800) 307-3213 to get a free quote.

Are there other companies like J.G. Wentworth?

DRB Capital, Fairfield Funding and CBC Settlement Funding are among other factoring companies that are similar to J.G. Wentworth.

Conclusion

While selling a settlement is sometimes the only way to resolve urgent financial issues, this is not a decision that should be taken lightly. You should carefully examine options and choose a buyer that will best help you meet your needs. With the right company, you can receive the cash you need and will no longer need to wait for your settlement payments over a long period of time.

With this guide, you should have a better idea of the process of selling a structured settlement and strategies to avoid rash decisions that will negatively impact your financial future. Taking time in the process will help ensure you receive the fair lump sum of money for the purchase of your settlement.

Get The Cash You Deserve For Your Structured Settlement

Get a Free Quote
Call (800) 307-3213

How We Rate Companies

We take many factors into consideration in how we rate these structured settlement companies:

  • Number of years in business
  • Location
  • Number of employees
  • Phone number clearly posted
  • Phone call answered promptly without any/excessive transfers
  • Spanish attendants available
  • Physical address posted and verified
  • Website up-to-date
  • Professional website design, navigation, etc.
  • The speed/functionality of the website
  • Ripoff Report complaints
  • Knowledge level of staff
  • Current privacy policy posted
  • Terms of use posted
  • Customer reviews
  • Reviews by former employees