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Why one might sell a structured settlement payment and how it’s done can be important when someone who has been the recipient of a structured settlement award or decision is in need of fast cash or ready money. Structured settlements are financial arrangements that include periodic payments, in general. They often arise as a result of a personal or tort injury, especially in this country.
Usually, most every lawsuit settled or decided upon by a jury features a structured settlement rather than the payment of a lump sum which, prior to the 1970s, was the most common way of paying off…