Structured settlements are lawsuit settlements involving specific payments made over a period of time. Insurance companies often buy life insurance products to pay the costs of such structured settlements. Structured settlements most often offer only small monthly payments, and many structured settlement firms try to purchase these lucrative contracts at pennies on the dollar. The structured settlement is then sold for an immediate lump sum.
Definition of Judgement ?
From Wikipedia, the free encyclopedia
A judgment or judgement (see spelling note below), in a legal context, is synonymous with the formal decision made by a court following a lawsuit. At the same time the court may also make a range of court orders, such as imposing a sentence upon a guilty defendant in a criminal matter, or providing a remedy for the plaintiff in a civil matter....(More - Click Here)
Definition of Settlement?
From Wikipedia, the free encyclopedia
In law there are two main meanings of the word settlement. The first, and most common meaning, refers to when the parties to a dispute (both disputes that are being litigated before the courts, and disputes where court action has not been started) reach an agreement as to the case, which is said to 'settle' the claim....(More - Click Here)
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