Legality of buying and selling cash settlements

Is it legal to buy and sell cash settlements? Is it legal to buy and sell one's rights away like this? Of course it is. The basis of your rights is a contract with the insurance company, and contracts can almost always be bought, sold, and assigned. You don't even have to sell your entire, or all, of your cash settlement. If you only need, say, 30k of a 80k note, you may want to sell that 30k at a discount and receive 20k dollars now. This may be because you have immediate needs, but you still want the rest of the money in monthly payments (because you will get more money if it is stretched out over time). Next, I will discuss what characteristics you should look for in a company, whether you are in Los Angeles, Chicago, Detroit, Tampa, or Houston.