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  2. Settlement offer - Wikipedia

    en.wikipedia.org/wiki/Settlement_offer

    A settlement offer or offer to settle is an offer to resolve an outstanding issue or account. This may involve a statutory offer to compromise in a civil lawsuit.In either case, it involves communication from one party to the other suggesting a settlement, or an agreement to fully and finally resolve the outstanding issue, account, or dispute.

  3. Offer of judgment - Wikipedia

    en.wikipedia.org/wiki/Offer_of_judgment

    The Offer of Judgment rule is a United States tort reform law aimed at controlling unnecessary litigation and at encouraging settlement. Under this rule, if a settlement offer designated as an offer of judgment is made in civil litigation, the offer is rejected and the final court decision is less favorable than the final offer that was made, then the party who rejected the offer is subject to ...

  4. Demand letter - Wikipedia

    en.wikipedia.org/wiki/Demand_letter

    In personal injury claims, the settlement negotiation process begins by the victim submitting a demand letter to the insurance companies. The purpose of the demand letter is to present facts about the accident in order to persuade the insurance companies to provide adequate compensation. A typical demand letter is structured in the following ...

  5. What is a pay-for-delete letter? - AOL

    www.aol.com/finance/pay-delete-letter-195458239.html

    The premise of a pay-for-delete letter is simple: You offer to pay off the debt, either in full or as a negotiated settlement, and the creditor erases the account from your credit history. However ...

  6. A class-action lawsuit offers free cash to many LADWP ... - AOL

    www.aol.com/news/class-action-lawsuit-offers...

    In a tentative settlement, the Los Angeles Department of Water and Power has agreed to repay customers who were charged too much for sewer service from May 2016 to June 2022.

  7. Accord and satisfaction - Wikipedia

    en.wikipedia.org/wiki/Accord_and_satisfaction

    Accord and satisfaction is a settlement of an unliquidated debt. For example, a builder is contracted to build a homeowner a garage for $35,000. The contract called for $17,500 prior to starting construction, to disburse $10,000 during various stages of construction, and to make a final payment of $7,500 at completion.

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