What is a settlement?

Answer The general definition of a settlement, according to the Oxford Dictionary, is an agreement that finishes an argument. It has a specific meaning in a variety of situations, including civil legal ac... Read More »

Top Q&A For: What is a settlement

Your Mother passed away 2 years ago and you are getting a settlement can credit card debt go after the settlement?

Answer Well, if they are garnishing your wages, than probably yes. What you should do is call and bargain with them to pay them off. If you owe $1,000, tell them you can pay $500. It's better j... Read More »

Can a bank offer you a settlement on a charged off auto loan and later refuse the settlement offer because you received a check from your auto insurance company to fix your car from an accident?

Answer Yes, the bank or any lending institution can withdraw any offer unless a contract has been signed by all parties.

What is a trade settlement?

Settlement of a stock trade is the time after the trade during which the seller must receive your payment. That period is three days. At that time, the shares of the company you purchased officiall... Read More »

What is a legal settlement?

A legal settlement is a decision in a court case that resolves the issue among the disputing parties prior to taking it to trial. The settlement will determine the legal outcome of the case and the... Read More »