How do structured settlements work?

Answer A structured settlement is a financial arrangement arising from a lawsuit, pre-litigation, or worker's compensation settlement. Payments are made on a predetermined schedule until the structured se... Read More »

Top Q&A For: How do structured settlements work

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 »

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 »