How long will it take to receive my money?
Many factors affect the time to complete a transaction. One of the most overlooked areas is the exchange of information between parties. It is in your best interest to return documents in a timely fashion to the factoring company that you choose to work with. You can usually expect to receive your money within six to twelve weeks and sometimes sooner.

What is required for a quote?
Typically all that a factoring company will need to give you a quote is basic information that is easily obtained from the Structured Settlement, Annuity or Award Documents.

What are the tax consequences of selling my payments?
The Internal Revenue Service has stated in a Private Letter Ruling that where a claimant assigns periodic payments due to be received under a settlement agreement in exchange for a lump sum, the lump sum remains tax free. See I.R.S. Priv. Ltr. Rul. 119273-97 (June 10, 1999).