Does South Carolina allow structured settlements?

Answer According to the South Carolina Code of Laws Title 15 "Civil Remedies and Procedures" Chapter 50 "Structured Settlement Protection Act," structured settlements are allowed in the state as a means t... Read More »

Top Q&A For: Does South Carolina allow structured settlements

Can you sell structured settlements in south carolina?

Structured settlements are arranged payment plans usually for victims who win damages from an injury lawsuit. South Carolina has a statute in place that protects owners of structured settlements an... Read More »

What are structured settlements?

Structured settlements work around the problems that are inherent to large, lump-sum payments. It essentially entails a payment plan in which money is awarded periodically to the winner of a person... Read More »

What is the definition of structured settlements?

Structured settlements are payment plans by which an individual is paid on a scheduled basis. They are considered a form of annuity, and there are various reasons for receiving structured settlemen... Read More »

When are structured settlements awarded?

People who win lawsuits are usually awarded lump sum payments. When the amount awarded is very large, however, the court may offer them the choice of either a lump sum or structured settlement paym... Read More »