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Getting approval of your structured insurance settlement sale will require your appearing in court in 47 states. Most likely, the judge will ask you some questions. These should be relatively easy, all things that you readily know. You should answer the judge honestly and openly, and be courteous at all times.
First, the judge is likely to begin with some basic questions about your structured insurance settlement and the sale of payments. He or she may ask your name, address, job title, and living situation (alone, with spouse, etc.). They may ask you about the history of your payments – why you received them – and if you still need them for medical bills or living expenses. They will want to ensure that you understand the cost of the sale, can live without your payments, and in general are certain that this is the best decision for you.
In addition to these background, preliminary questions, the judge may ask you many other questions, including the following:
While the judge may ask you a number of questions the court hearing is not really the time for you to be asking questions. If you have any questions about procedures or your settlement sale ask your Strategic Capital representative before the court hearing so that you can go into the hearing with a good understanding of what is going on and without any questions.
The most important thing when you want to sell structured insurance settlement payments is that you be prepared. Answer the questions that the judge asks honestly, completely and clearly. You want to show the judge that you understand the situation, that you have thought this through, and that this sale is what you want. If you are worried about appearing in court call Strategic Capital. Your representative will give you some insight into what to expect in your state.