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A structured settlement is a pact under which instead of a single lump sum, payments are made over a specified time in exchange for a release of liability. These liabilities ...
Structured Settlement Brokers
A structured settlement broker will help anyone who has a large cash award settlement that he or she wishes to sell. Many times payment awards given through the courts are ...
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Structured Settlement Explained
By admin in Uncategorized
A structured settlement is a periodic payment plan that is agreed upon between a plaintiff and defendant. It is used in many cases where the plaintiff is awarded a large sum of money.
Instead of receiving the compensation in a lump sum payment, the payments are spread out over a period of time that is decided upon beforehand.
In cases involving personal injury, a structured settlement is especially helpful. If the plaintiff is temporarily or permanently unable to work, a structured settlement provides them with a sense of financial security. The claimant will have a steady source of income which makes financial planning much easier.
