How to get money from a settlement now?

Selling a portion of your annuity will free up cash for your immediate needs.

Getting money from a settlement

Structured settlements are often the best solutions in legal disputes, and in theory, they provide much-needed assistance and compensation for victims. However, settlements have some disadvantages:
  • The main problem with a structured settlement is that it’s your money, but you might not be able to access all of it when you need it.
  • Some states and attorneys will permit cash advances, but this isn’t a guaranteed. Even if you’re able to get a cash advance, there are usually many strings attached.
  • When it comes to legal situations that have caused personal injuries or property damage, it isn’t always possible to wait around for a settlement to be reached.
  • Even after you’ve reached a settlement and you’ve started receiving your monthly payments, this amount might not be enough to cover all of your legal and medical expenses.
If you’re like most people who are dealing with structured settlements, you’re probably wondering how to get money from a settlement now and are probably frustrated because the process seems complicated. This is exactly why 123 Lump Sum started offering structured settlement purchase services and why countless people turn to us when they aren’t sure how to get cash for their settlements settlement quick.

Here’s what you need to know about structured settlements, what to expect after you’ve reached your settlement, and how to get money from a settlement now, or whenever you need it most.

Frequently Asked Questions


What is a structured settlement?

Let’s start with the basics. A structured settlement is an agreement reached during a lawsuit, where the guilty party agrees to pay the victim a specified amount of money in periodic payments. Settlements and their respective amounts awarded have to be approved by court and are supposed to reflect how much money you’ll need, in order to cover basic expenses and be provided with a fair compensation for your suffering.


What are the some types of structured settlements?

The most common structured settlements are awarded in personal injury, workers’ compensation, and product liability lawsuits. The settlement awarded may be based on expenses resulting directly from an injury, or the settlement may be considered compensation for pain and suffering.


What happened when you sell a structured settlement?

Selling a settlement may sound complicated and seems as though you’re trading money that isn’t yours yet. Rather than waiting for small checks to come in periodic installments, turning to a settlement payment service is a good option. An entire agreement for this transaction must be legally approved by court before any money is processed. Therefore, you won’t have to worry about any additional legal problems. The service that buys your settlement then becomes the recipient of the periodic payments, while you receive all of the money up front, in one lump sum payment.


Are there any restrictions with what you can use the settlement money for?

This is probably the best part: once you sell your structured settlement for a lump sum of cash, that money is yours and you can decide what you want to do with it. There are some fees involved in the process — such as court fees and processing fees. Our experts here at 123 Lump Sum can explain exactly what these fees are for and how much you should expect to pay. Once you’re awarded the lump sum from the settlement payment, the rest is completely up to you! Many people use their payments to pay off outstanding debt or medical bills, but some people use it to make big life changes, like starting a small business or going back to college

Our Settlement Brochure

An overview of our company and process of selling your structured settlement.
Take a look.
Life isn’t put on hold when you’re dealing with a lawsuit. You still have bills to pay and you still have responsibilities. If you’ve been awarded a structured settlement, it’s because you were the victim of an unfortunate situation; you shouldn’t have to suffer even more just because of finances.

If you want to learn more about structured settlements, or about how to get money from a settlement now, don’t hesitate to contact 123 Lump Sum today.