Does the TV show"People's Court"pay the settlements?

Answer On ''The People's Court,'' if the judge rules for the plaintiff, the judgment is paid by the program and the defendant receives $50 for his time. If the judge rules that the defendant wins, both l... Read More »

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What does the term structured settlements mean?

Structured settlement is a way to pay money form a settled lawsuit. Instead of getting one payment of the full settlement, you get smaller payments spaced out over several years.FeaturesAfter a law... Read More »

Does South Carolina allow structured settlements?

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 »

How Long Does It Take for Debt Settlements to Reflect on Your Credit Score?

Settling a debt can help you save a significant amount of money, but at the same time, it can hurt your credit score severely. Your score may not be affected immediately after you settle the debt, ... Read More »

Do you pay tax on court settlements?

You must pay taxes on some portions of a legal settlement, according to the IRS tax code. For example, you must pay tax on settlement proceeds that are punitive in nature, but do not have to pay ta... Read More »