FAQ (Frequently Asked Questions)

A structured settlement is a financial arrangement in which a plaintiff in a personally injury case accepts periodic payments to settle their claim rather than one lump sum. The plaintiff will then receive their settlement over an agreed amount period of time.

No it is not. Unfortunately, once you have agreed to the terms of the structured settlement the schedule and amount of each payment is locked into place.

The simple answer is that you need more cash now than your structured settlement is able to provide. Fairfield Funding will design a plan that fulfills your immediate needs, while at the same time looking out for your financial future.

Yes you are! There are federal and state laws in place, which allow for the sale of your structured settlement. These laws are in place to protect you throughout this transaction. While many annuity contracts state you are not allowed to accelerate or assign your payments, this is simply not the case.

Fairfield Funding ensures that it is simple. You simply enter into a contract with Fairfield Funding to sell a part or all of your structured settlement for an agreed upon amount. Then we get a court order on your behalf (on our dime) to have your payments assigned to us once you have received your lump sum. The court ordered process is mandated by law.

We make every effort to get your money to you as fast as the law allows. As each state has its own laws governing these transactions, the process can take anywhere from 45 to 90 days. However, we are able to get our clients cash advances in as little as five days!!!

Regrettably no. The laws and regulations set forth by each state are designed to protect you, the individual from unscrupulous business practices. Thus, the court MUST approve these transactions. That approval takes a bit of time.

There are several different factors influencing how much money your settlement is worth right now. The financial professionals at Fairfield Funding with work with you to maximize the amount of money you receive in a responsible manner.

Definitely!!! That is actually our preferred course of action with our clients. Fairfield Funding wants to take care of your short-term monetary needs, while still looking out for your long-term financial goals.

The short answer is NO. This is your decision and yours alone. We will make your insurance company aware of the transaction and work with them to get everything completed effortlessly.

While we are not allowed to offer tax advice, the IRS issued a ruling in 1982 confirming the sale of a structured settlement for a lump sum would not create tax consequences.

None. Fairfield Funding has no hidden fees. We pay for all costs associated with the transaction.

None. Fairfield Funding has no hidden fees. We pay for all costs associated with the transaction.Any way you want. While a wire is the preferred method, we can send a check as well.

Yes we are.