Sell Annuity Payments
One question we get often when people are considering whether to sell annuity payments is “what is the process?”
The answer is the process is fairly easy on the selling as the secondary market company (the company that will buy your payment stream) will do the majority of the work, and guide your through the process.
In general term the process to selling an annuity is as follows.
1. Call Stone Street Capital to find out how much your remaining payments are worth in a lump sum payout. You can also consider selling just a portion of those payments rather then the entire amount.
2. When you are comfortable with the amount of payments you are selling, a representative will send you the documents you need to review and sign. They will request any additional documentation required about your annuity at that time that you will mail back.
3. Stone Street will take responsibility for processing your transaction, and it will file all the necessary paperwork and set up a court date. All transactions need to be approved by a judge.
4. A typical transaction takes about 90 days from start to finish. The can be shorter in certain circumstances, and if a seller is in immediate need for cash, Stone Street can provide an advance to give you cash more quickly.
If you have any questions or need more information, please contact one of our representatives at 1-800-LUMP-SUM, they would be happy to provide you with whatever information you need.
1-800-LUMP-SUM
(800-586-7786)
Free Call. Free Quote.