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The typical structured settlement arises and is structured as follows: An injured party (the claimant) comes to a negotiated settlement of a tort suit with the defendant (or its insurance carrier) pursuant to a settlement agreement that provides as consideration, in exchange for the claimant's securing the dismissal of the lawsuit, an agreement by the defendant (or, more commonly, its insurer ...
A structured settlement factoring transaction is a means to raise liquidity where there is no other viable means, via the transfer of structured settlement payment rights, for items such as unforeseen medical expenses, the need for improved housing or transportation, education expenses and the like, or in a situation where the individual has simply spent all his or her cash.
Peachtree provides cash to individuals with illiquid assets such as structured settlement payments, annuity payments, lottery winnings, and active non-settled lawsuits. [1] The company was founded in 1996. Ten years later, in 2006 the US based company went public overseas on the London Stock Exchange, rather than the United States. [2]
A structured settlement is designed to compensate individuals following the outcome of a civil lawsuit. For example, if you were involved in a car accident and were seriously injured, you may ...
Chapter 13: This type of bankruptcy follows a strict three- to five-year settlement payment arrangement structured by a bankruptcy attorney. You get to keep your assets with this bankruptcy type.
Placed into financial arrangements called structured settlements, each child was to receive periodic tax-free payments — primarily in the form of monthly checks — once they turned 18 ...
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