|
Structured Settlements Information Site Map
Credit Score-Credit Repair-Loans
More Information on Structured Settlements BackLinks
Structured Settlement Info Georgia Low Mortgage Rates and Information - Georgia Low Mortgage Rates and Information
Disability & personal Injury Lawyer
|
Structured Settlements InformationA medical claim against personal injury is normally a lump sum settlement. Lump sum payment have the following problems
Structured settlement is preferred over lump sum for the following reasons.
This facility is utilized in Canada and USA since 1970 as an alternate method for Lump Sum Payment. This facility is brought under tort Law and countries like Australia, and England also implement them. These may be some differences in the judiciary depending on the law of the country . Structured settlements are also called as periodic settlements. A structured settlement incorporated into a trial judgment is called a “periodic payment judgment."
While entering a structured settlement agreement take care of the following points Commissions: Do not pay excess commissions Overstated Value: Overstating the value of structured settlement will decrease the dollar value than the value agreed upon. Life expectancy: Upon death the settlement the payment will cease if not properly protected in the agreement. Protect the annuity payments against bankruptcy. Choose one or more insurance companies for larger payments to protect annuity against this situation.
What Types of Cases Are Eligible For Pre-Settlement Funding?
by
Joel L
McLaughlin
|
RSS feeds Related Articles Client Alerts - Structured Settlements (Creative Capital)
Structured Settlement Archives Structured Settlement Firms Directory
|
||