According to my source * from Bank of America, BofA's collection division is
accepting settlements of 30 % or less on many qualifying accounts.
They're somewhat more likely to cut their losses and
accept a settlement of the policy limit if the responsible parties had $ 500,000 of liability coverage.
Generally and broadly speaking, in order for someone to
accept a settlement of a claim from an insurance company, they are giving up their rights to further pursue the claim, in one form or another.
According to the Georgia Office of Insurance, avoid signing an insurance release
accepting settlement of your accident claim before doing the following:
Generally and broadly speaking, in order for someone to
accept a settlement of a claim from an insurance company, they are giving up their rights to further pursue the claim, in one form or another.
Not exact matches
Perth - based Liontown Resources says it will
accept just $ 465,500 to satisfy an outstanding
settlement around the sale
of its Liontown base metal deposit in Queensland to collapsed miner Kagara, which was later offloaded to Red River Resources.
However, he said, more clarity was needed on how Washington will force the implementation
of the political process and how it «will force the Assad regime into
accepting a political
settlement that leads to establishing a safe and neutral environment that leads to a transition through free and fair elections.»
Arguments have been made that banks in general often do not face criminal prosecution for violating anti-money laundering and anti-terrorist financing regulations, but instead, according to the author
of the aforementioned article referred to above,» (
accept)
settlements that either defer or erase the threat
of criminal suits.»
Lynda had sued a doctor who treated her husband and
accepted a $ 175,000 insurance
settlement, though some
of that went to legal expenses and a judge awarded the rest to the two boys in the form
of an annual payment.
On January 25, 2012, the Court
of Queen's Bench in Calgary
accepted the plea and the
settlement.
With the bids lodged, the Bank then determines which
of the bids it is willing to
accept, to ensure that the aggregate level
of exchange
settlement balances is at the level we feel will ensure that the cash rate remains at the target rate.
BitPay is allowing forex platforms to
accept bitcoin payments and receive EUR, USD, or other local currency
settlement to their bank accounts, without any risk
of bitcoin price volatility.
A judge still has to determine whether to
accept the terms
of the
settlement, but an Uber spokesperson pointed out that the company has made a number
of changes to the way it handles pay, and emphasized diversity efforts made by the company that address many
of the stipulations in the
settlement.
Accepting payments or «kickbacks»
of this nature is a violation
of the Real Estate
Settlement Procedures Act (RESPA), CFPB officials stated.
Aided by attorneys eager for court - awarded fees — which are an
accepted part
of class
settlements — consumers are taking their grievances to court in record numbers.
So it has proven, with the UK being forced to
accept the EU's position on the divorce
settlement, the rights
of EU citizens, the European Court
of Justice and mush else.
In the treaty, Japan does
accept the obligations
of the United Nations Charter with respect to pacific
settlement of disputes, but so do all the member states
of the United Nations, so Japan is not any more restricted by this provision than any other UN member state is.
Gordon Brown has never understood or
accepted that the people
of England will never
accept a constitutional
settlement which divides England against itself.
Ban the use
of taxpayers» funds to settle sexual harassment lawsuits involving any level
of state and local governments and prevent courts from
accepting confidential
settlements unless the victim agrees.
Western diplomats speculated that Putin may be trying to press Assad into
accepting a political
settlement to the war, which has killed 250,000 people, although U.S. officials saw no sign yet
of Russian forces preparing to pull out.
During his Cairo speech, on 4 June 2009, he made it clear that «The United States does not
accept the legitimacy
of continued Israeli
settlements».
The ascendency
of Thatcherism convinced many that Britain had become an inherently conservative country, and that the Left could only win by
accepting the basic parameters
of the Thatcher
settlement.
Lawyers for City Council Speaker Melissa Mark - Viverito have reached a
settlement with the city's Conflict
of Interest Board following an investigation into free political consulting services that Mark - Viverito
accepted during the race for speaker in 2013.
As part
of the
settlement, the speaker has agreed to pay a $ 7,000 fine for
accepting the services, a small fraction
of the $ 25,000 statutory maximum she faced when the inquiry was first launched.
Under the
settlement, Oyster Bay agreed to
accept $ 26.7 million from the county in return for dropping legal claims
of more than $ 37 million — the amount the town borrowed to settle lawsuits from Verizon and KeySpan.
The woman sued Silver for negligence and
accepted a $ 507,500
settlement and a promise
of reforms to remove any peril from the workplace.
Such a
settlement is widely
accepted to be the only way to ensure the isolation and defeat
of Isil in the country.
Meanwhile, Republican John Cahill
accepted the GOP nomination for attorney general with a scathing attack on incumbent Eric Schneiderman for signing off on the secret
settlement Assembly Speaker Sheldon Silver (D - Manhattan) reached with two women who accused then - Brooklyn Assemblyman Vito Lopez
of sexual harassment.
The Human Rights Division
of the Superior court
of Jurisdiction in High court
of Justice Accra, preferred an out
of court
settlement, which was
accepted by both the plaintiffs, Mr. Philip Ayamba and seven others and the Defendant, the Ministry
of Justice and Attorney General's Department in respect
of L.I 2146.
One year after the Village
of Hoosick Falls tabled a controversial
settlement agreement, the Rensselaer County community has agreed to
accept payments from companies blamed for polluting local water supplies.
Republican John Cahill
accepted the GOP nomination for attorney general with a scathing attack on incumbent Eric Schneiderman for signing off on the secret
settlement Assembly Speaker Sheldon Silver (D - Manhattan) reached with two women who accused then - Brooklyn Assemblyman Vito Lopez
of sexual harassment.
The police officer at the centre
of the so - called «Plebgate» incident has
accepted # 80,000 damages in
settlement of his libel action against former Government chief whip Andrew Mitchell.
The village was on the verge
of accepting first an $ 850,000
settlement, then a $ 1.04 million
settlement offered by Saint - Gobain Performance Plastic and Honeywell International, but tabled the matter this week after an uproar from residents and warnings from the former EPA regional administrator, Judith Enck, and U.S. Sen. Kirsten Gillibrand, against signing away any rights to legal action just to pay some immediate bills.
Hon. K. T. Hammond was sent by President J. A. Kufuor to Paris and London to amicably resolve the US$ 47 million default judgment debt with SG by convincing the Company to
accept the US$ 14 million out -
of - court
settlement instead
of insisting on the US$ 47 million judgment debt.
The prime minister will show the scale
of his ambitions when he says: «Simply asking the British people to carry on
accepting a European
settlement over which they have had little choice is a path to ensuring that when the question is finally put — and at some stage it will have to be — it is much more likely that the British people will reject the EU.
At the time
of the default judgment, SG had
accepted a final out -
of - court
settlement of US$ 14 million from the Ghana Government.
The government has
accepted the couple's account
of what happened - and the
settlement is the first time ministers have apologised for a specific act involving British security agencies.
In a 38 - page
settlement with the district attorney
of Los Angeles County, the regents
of the prestigious 10 - campus institution agreed to «acknowledge and
accept responsibility for the conditions» in the laboratory
of chemistry professor Patrick Harran, where 23 - year - old University
of California, Los Angeles (UCLA), research technician Sheharbano «Sheri» Sangji suffered fatal burns in December 2008.
The evidence comes from 27 litres
of material collected from the Monte Verde site in southern Chile, widely
accepted as the oldest
settlement in the Americas.
Party sources said their partners were refusing to
accept the recommendations
of an independent review endorsing an increase and a
settlement could be delayed until after May's election.
In addition, the statement does not obligate the Department to offer funds to settle any case, to
accept a particular
settlement or resolution
of a dispute, or to alter any existing delegation
of settlement or litigation authority.
Debt
settlement companies offer creditors a percentage
of what you owe — usually half — and hope they will
accept that amount as full payment.
For example, if the discrepancy in the claim
settlement is roughly equal to the cost
of the independent appraisal, you might want to consider saving your time and money and
accepting the insurer's
settlement.
You can expect most lenders to
accept 70 cents per dollar owed; or perhaps as low as 50 cents per dollar owed in the form
of a
settlement.
Putting aside for a second the question
of where I will actually obtain $ 12k from, is it a good idea to
accept the
settlement in my situation?
Debt
Settlement A process
of negotiating with creditors to
accept payment that is less than the full amount
of the debt owed.
With a
settlement, you ask the creditor to
accept partial payment on the account and cancel the rest
of the balance.
Their objective here is to get your lenders so desperate for some sort
of payment that they'll be more open to
accepting a
settlement deal.
Debt
settlement is a procedure
of renegotiating credit card debts to a lower amount and setting up a repayment plan that is
accepted by both, the lender and the borrower.
If your proposal is
accepted, it becomes a legally binding
settlement of your unsecured debts.