However you can arrange to get some of your money sooner in a pre settlement arrangement which can take as little as three days.
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This is due in part to the trade off investors in structured settlements have to make that trade off being higher returns than some other fixed income vehicles but in turn giving up a degree of.
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If you agree to take your award as a structured settlement instead of receiving one large amount from the plaintiff you will receive periodic payments over the course of a fixed number of years.
The majority of settlements in personal injury cases are lump sum payments.
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A lump sum payment means that the defendant or the defendant s insurance company makes one payment to you and that payment settles the case however instead of a lump sum payment some plaintiffs opt to have their compensation paid out in a structured settlement.
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Wentworth is a financial services company that focuses on helping consumers who are experiencing financial hardship or need access to cash now.
One lump sum of cash they will pay to you.
Typically it can take 4 6 weeks on average to get money from your structured settlement using jgw as it must have a judge s approval and setting up a court date takes time.