Written by Jovan Johnson, Esq., Structured Settlement & Annuity Specialist
Updated August 12, 2026
If you’re receiving structured settlement payments in El Paso and need cash now, you can sell some or all of your remaining payments — but Texas’s Structured Settlement Protection Act requires a district court judge to approve the sale first. Here’s what selling a structured settlement actually involves in El Paso, step by step.
Can I Sell My Structured Settlement in El Paso?
Yes, you can sell a Texas structured settlement, in full or in part. Texas law (Civil Practice & Remedies Code Chapter 141) requires: a written disclosure statement at least 3 days before you sign anything, a petition filed in district court, at least 20 days’ notice before your hearing, and a judge’s finding that the sale is in your best interest. You’ll also be advised of your right to independent professional advice, which you can waive in writing if you choose not to use it. Most sales close in roughly 45–60 days from signed agreement to funded payment.
See What Your Payments Could Be Worth
Every offer is different, and the only way to know what your specific payments are worth is to get an actual quote — not a generic estimate.
We work with attorneys and partners experienced in Texas structured settlement transfers to help sellers throughout El Paso and the rest of the state, including Dallas, Fort Worth, Houston, Austin, San Antonio, Arlington, and Corpus Christi. You’ll get a real quote based on your actual payment schedule, an explanation of the required disclosures before you sign anything, and guidance through the Texas district court approval process from people who handle these filings regularly. There’s no fee to get a quote, and requesting one doesn’t commit you to selling.
→ Request your free El Paso structured settlement quote
What Is a Structured Settlement?
A structured settlement is a set of tax-free payments made on a regular schedule following a lawsuit settlement, typically funded through an annuity issued by an insurance company. Common sources include personal injury, medical malpractice, and wrongful death cases. If you’d rather sell a different kind of payment stream, see our page on selling life-contingent payments or the general overview of selling a structured settlement.
Note: our funding partner does not currently purchase payment rights arising from workers’ compensation settlements.
How to Sell a Structured Settlement in El Paso (Step by Step)
1. Get quotes from more than one factoring company
Industry-wide, discount rates on structured settlement purchases commonly run 9%–18%. Sellers who work with AnnuityFreedom.net’s network have accessed rates as low as 8% in qualifying cases — worth asking about when you compare quotes.
2. Receive your written disclosure statement — at least 3 days before signing
Under Civil Practice & Remedies Code § 141.003, the buyer must give you a disclosure statement, in bold 14-point type, at least three days before you sign a transfer agreement. It has to spell out the payments being transferred, their total value, the discounted present value using a federally specified rate, and every fee being deducted.
3. Sign the transfer agreement
Once you’re satisfied with the offer and disclosures, you sign the agreement — but the sale isn’t final yet. Texas also allows you to waive your right to independent professional advice in writing if you choose not to consult an outside advisor.
4. Your case is filed in El Paso County District Court
Under § 141.006, the buyer files an application for approval with the district court — for a El Paso seller, that’s a district court in El Paso County.
5. Interested parties get at least 20 days’ notice before the hearing
Section 141.006(b) requires the buyer to serve notice of the application on all interested parties — including the annuity issuer — at least twenty days before the scheduled hearing.
6. A judge reviews the sale at a court hearing
The judge must find that the transfer is in your best interest, weighing your financial need, whether you have other resources available, the effect on any dependents, and whether the discount rate and fees are fair and reasonable.
7. Funding — typically 45–60 days after you sign
Once the judge signs the approval order, the buyer funds your lump sum.
A Real Driver of Large El Paso Settlements: The Juárez Border Trade Corridor
El Paso is Texas’s second-busiest commercial trade corridor with Mexico, after Laredo. The Bridge of the Americas, Ysleta-Zaragoza, and other crossings connect El Paso with Ciudad Juárez’s large manufacturing sector, carrying enormous volumes of commercial truck traffic every day. That volume of cross-border freight is a real, ongoing source of serious truck accident claims in the region, which can produce substantially larger settlements than a typical passenger-vehicle accident and are sometimes structured.
If Something Goes Wrong: Texas’s Consumer Protection Resources
- Texas Department of Insurance (TDI) — handles complaints involving insurance companies and annuity issuers. Complaint portal: tdi.texas.gov/consumer/complfrm.html, or by phone through TDI’s consumer help line.
- El Paso County District Clerk — for questions about how structured settlement applications are filed and processed locally.
El Paso Structured Settlement FAQ
How long does it take to sell a structured settlement in El Paso?
Typically 45–60 days, covering the 3-day disclosure period, the 20-day court notice period, and the hearing itself.
How much money will I get for my structured settlement?
It depends on the discount rate applied. Industry-wide, that’s commonly 9%–18%, though sellers who qualify through AnnuityFreedom.net’s network have accessed rates as low as 8% — plus how many payments you’re selling and how far in the future they’re scheduled.
Can I sell only part of my structured settlement?
Yes — Texas law allows partial transfers, so you can sell a portion of your payments and keep the rest on the original schedule.
Which court handles my case?
A district court in El Paso County, under Civil Practice & Remedies Code § 141.006.
Do I need my own lawyer to sell?
No. Texas requires that you be advised of your right to independent professional advice, but you can waive that right in writing if you choose not to use one.
Ready to Get a Real Number?
Now that you know how the process works, the next step is seeing what it means for your specific payments. Get a free, no-obligation quote and walk through the Texas court process with people who handle these filings regularly.
Sources
- Texas Civil Practice & Remedies Code Chapter 141
- Texas Department of Insurance consumer complaint portal — tdi.texas.gov/consumer/complfrm.html
About the Author: Jovan Johnson, Esq. is a structured settlement & annuity specialist with 12 years of experience, based in California. He has also practiced as an attorney in consumer and small business bankruptcy and debt settlement. Annuity Freedom has been helping clients sell annuity payments since 2017.
Disclaimer: This article is for informational purposes only and isn’t a substitute for independent professional advice.