Divorce
Whether your settlement is marital property depends on your state and on what the settlement compensates: payments for your injury are often separate property, while portions replacing lost wages during the marriage may be divisible. That is a question for your family lawyer. What we can tell you: settlements are frequently sold around divorce, either to fund the split, cover legal costs, or replace a shared asset one spouse keeps. A judge still reviews the sale separately from the divorce, and selling only a portion is often enough.
Bankruptcy
Structured settlement payments for personal injury often have significant exemption protection in bankruptcy, varying by state. Two honest warnings: first, talk to your bankruptcy attorney before selling payments, because a sale shortly before filing can complicate your case. Second, sometimes selling payments to avoid bankruptcy entirely is the better path, and sometimes it is not; a judge will weigh exactly that in the best-interest review. Bring the real numbers to both your attorney and us.
Inherited payments
If a parent or relative passed away and you now receive their settlement or annuity payments, you may prefer a lump sum over years of installments tied to someone else's timeline. Inherited payment streams can often be sold, and depending on the arrangement, some sales do not require the full court process. Get the annuity policy and the death certificate together, then ask us what you have; the answer is free.
Whatever changed: your written offer states the payments, price, and discount rate, and if we cannot beat a qualifying written offer from another company, we pay you $1,000.** Nothing on this page is legal advice; for divorce and bankruptcy questions, involve your attorney.
* Cash advance availability, amounts, and timeframes vary based on individual circumstances (typically up to $1,000, within 24 hours of qualifying, where offered). Cash advances are offered and made solely by Genex Capital Corporation at its sole discretion and are subject to its underwriting requirements, including: (1) execution and return of a payment purchase contract and all documents required to begin the purchase process; (2) confirmation that you receive periodic settlement payments; (3) a determination that you may enter into an agreement to sell all or a portion of those payments; (4) a determination that the purchase transaction is likely to receive court approval under applicable state law; and (5) satisfaction of underwriting guidelines. Available only to U.S. citizens or permanent legal residents who have reached the age of majority in their state of residence.
** Genex Capital Corporation will pay you $1,000 if it cannot beat a qualifying offer from another payment purchasing company. To qualify: (1) you must provide a written quote from another payment purchasing company, signed by an authorized representative and dated within three business days of the date you submit it ("Qualifying Quote"); (2) if Genex Capital is unable to beat the Qualifying Quote's purchase price, you will receive written notice within three business days of receipt; and (3) the $1,000 is due and payable upon written confirmation that the transaction funded at the quoted purchase price, and that funding must occur within ninety days after you receive written notice that Genex Capital cannot beat the Qualifying Quote. Quotes issued under an annuity issuer's own buyback or hardship program (including the Berkshire Hathaway Hardship Exchange Program) are not Qualifying Quotes. Limit one offer per customer. Not available where prohibited.
This website is operated by Genex Capital Corporation. All offers to purchase settlement payments, all purchases, and all cash advances are made by Genex Capital Corporation and its affiliated companies (A+ BBB rating). We are not a lender or a law firm, and we do not provide legal, tax, or financial advice; consult independent professionals before selling. Every transfer of settlement payment rights requires approval by a judge under applicable state law, and no transaction is final without that approval. Since 2003, $1.2 billion in payments transacted, 50,000+ clients served, and 95% approval success are figures reported by Genex Capital Corporation.
