People purchase structured settlements from a party to whom a money judgment was awarded because of the guarantee behind the payment because a court has ordered someone to pay someone else a sum of money. This makes structured settlements an attractive investment vehicle. A healthy profit can be achieved by purchasing the settlement amount for less than the amount of the full award. The local courthouse is the first stop in finding a structured settlement to purchase.
Instructions
1. Travel to your local courthouse. Courthouses generally have information booths where a person can direct you to where you need to go. Find the location where case files are kept for review.
2. Look through civil case files for documents captioned with "Judgment" or "Settlement".
3. Read through the judgment or settlement carefully. Often, the plaintiff is the one to who a judgment was awarded, however, a defendant can be awarded a money judgment if he has successfully won on a counterclaim. Be sure that the settlement indicates that the judgment is final and there are no pending hearings in the matter, which indicates that the settlement is final.
4. Locate the mailing certificate on the last page of the judgment or settlement document. This will have contact information for all the parties in the case, or their attorneys. Write down the contact information for the party to whom the money judgment was awarded.
5. Contact the party or his attorney about purchasing the structured settlement. If the party is interested in settling, then negotiate the terms and finalize the deal, complying with any local and state laws regarding purchasing structured settlements.
