Time Frame for Selling Your Structured Settlement Payments

Number of Days 

It takes 45-60 days in most of the 58 counties in California to complete the process of selling your structured settlement payments from start to finish.  Any county that has a backlog of cases and hearings, like Los Angeles County Superior Court could take up to 90 days or more.

Make it Happen Sooner

Have the transfer company file “ex parte” with the Superior Court in order for the hearing to happen sooner, if possible.  “Ex parte” means that some of the “interested parties” can be absent if they are impossible to contact.  Beware, some “interested parties” must be present.

eFiling

eFiling does exist in these situations and can help speed up the process.  Keep in mind:  not all Superior Courts in California eFile for these situations, and those Superior Courts that do eFile, have strict requirements on which documents CAN be eFiled, and which documents cannot be eFiled.  Orange and San Diego Counties eFile, for example, and still do not allow all documents to be eFiled.

So the Time Frame for Selling Your Structured Settlement Payments, can vary from county to county in the state of California, and with the current back log in some major counties, you could be looking at up to 60 days before your hearing date, after filing.

Also getting an ex- parte hearing may be difficult as some of the factoring companies do not want to be burdened with the extra work required. An Independent Professional Advisor may be able to help, but that depends on the purchaser of the structured settlement payments.