Structured settlement quotes
A quote on a structured settlement is a discount calculation and a court application bundled together, and most of what people call a quote is only the first half. A buyer looks at your payment schedule, decides what those future dollars are worth to it today, and names a number. Then the part nobody mentions in the advertisement: a judge has to approve the transfer before anybody pays anything, and the judge has to find the sale is in your best interest.
- requirements quoted word for word
- 13
- questions the section does not answer
- 12
- statutes read
- 5
Every requirement on this page comes from the record on this site: 13 quotations from US statutes across 5 jurisdictions, each with the section it is in and the date it was read.
- 13 requirements quoted verbatimEach one is a sentence from the statute itself, not a summary of it.
- Every quote dated and checkableThe page each quote came from is kept as text as it read on the day, last 2026-09-11.
- 5 jurisdictionsWhere a statute is silent on a question, the site says so and names the section.
How a quote is actually produced
- The schedule, not the total. A buyer prices the specific payments you are willing to sell: their amounts, their dates and how far out they run. A lump sum due in eighteen years is worth far less today than the same figure due in two, so two people owed the same headline total can be offered wildly different amounts. This is also why partial transfers exist: selling four years of payments and keeping the rest is usually the cheaper trade, and is the thing a first quote rarely shows you unless you ask.
- The discount rate, which is the whole price. Everything between the face value of those payments and the cheque you receive is the discount. The trade body's reported range is between 9% and 18%, and a few points of difference over a long stream is a very large number. Florida defines the reference point in its statute: discounted present value means the fair present value of future payments, determined by discounting them using the most recently published applicable federal rate. That is the yardstick the court sees your deal against.
- The disclosure, which some states time to the day. Before you are committed to anything, the buyer owes you a written statement of what you are giving up and what you are getting. Florida's is the most prescriptive of the four statutes on this record: at least 10 days before the date on which the payee first incurred an obligation with respect to the transfer, the transferee must have provided a disclosure statement in bold type, no smaller than 14 points in size. Other states word it differently and all of them want it in writing.
- The advice you are entitled to take. Texas requires the court to find that the payee has been advised in writing by the transferee to seek independent professional advice regarding the transfer and has either received the advice or knowingly waived it in writing, and it defines that advice as coming from an attorney, certified public accountant, actuary, or other licensed professional adviser. New York and Florida carry the same requirement in their own words. Waiving it is allowed; doing so without reading the numbers is how bad deals get approved.
- The hearing, which decides everything. No transfer is effective until a court says so. Texas puts it flatly: no direct or indirect transfer of structured settlement payment rights shall be effective and no obligor shall be required to make any payment to any transferee unless the transfer has been approved in advance in a final court order based on express findings. New York goes furthest on the money itself, asking the court to consider whether the discount rate used to determine the gross advance amount and the fees and expenses used to determine the net advance amount are fair and reasonable.
Common questions
- How long does it take to get the money?
- The offer is quick; the court is not. Every state requires approval in advance of the transfer, and the hearing is scheduled by the court rather than the buyer. Anybody promising cash in days is describing the offer, not the transfer.
- Does it cost anything to get a quote?
- Not from this site, and buyers do not charge to quote. What costs is the discount: the gap between the face value of the payments you sell and the sum you receive.
- Can the court say no?
- Yes, and it is meant to. The federal definition of a qualified order requires a finding that the transfer is in the best interest of the payee, taking into account the welfare and support of the payee's dependents, and New York asks specifically whether the discount rate and the fees are fair and reasonable.
- What happens if a transfer goes ahead without approval?
- 26 U.S.C. 5891 imposes a tax equal to 40 percent of the factoring discount on the person acquiring the payment rights, and the exception in subsection (b) applies only where a qualified order approved the transfer in advance. That is why every buyer in the market goes to court.
- Do you take a cut of my money?
- No. Buyers pay us a flat fee for the enquiry itself, never a share of the discount they take and never anything contingent on a transfer completing. No buyer can pay for placement here and this site carries no buyer catalogue.
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Transfer law by jurisdiction
Sources
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Get quotes on a structured settlement: 13 transfer-law requirements quoted verbatim from the statute and 12 recorded absences (Structured Settlement Compare US Transfer-Law Record).
Cite as: "Structured Settlement Compare US Transfer-Law Record: Get quotes on a structured settlement", updated 2026-09-11, https://structuredsettlementcompare.com/structured-settlement-quotes/.