95% of Structured Settlements Stay Intact
Filed under: Structured Settlement — Structured Settlements Pro @ 1:45 pm
Nearly all structured settlement arrangements remain intact through the full intended term. Industry estimates approximate 95% of structured settlements remain whole for the length of the agreement.
This high statistic illustrates that most recipients of structured settlements are accepting of their decision to accept a structured settlement instead of a lump sum.
That means that only a minority ever encounters a situation where their needs have changed to the point where they have a more immediate need for cash and determine to sell some or all of their structured settlement payments. It is good to know that few ever have this situation but for those that do it is equally nice to know that they have options. Settlement recipients that are in need of cash can transfer all or some of their payments to a transfer company for a lump sum payment.
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