Sentences with phrase «accept settlement for»

When you accept a settlement for an injury without a lawyer, you are basically just offered a «take it or leave it» number by the insurance company, it's a simple lump sum meant to look like a lot of money.

Can I Accept Settlement for my Virginia Workers» Compensation Claim and Keep Lifetime Medical Benefits?

Most lenders will accept settlement for less than a debt's full balance, because litigation is expensive and forcing you into bankruptcy would mean they could receive even less.

It is also possible, under certain circumstances, for a creditor to pursue additional legal remedies even after they have accepted a settlement for a lesser amount.

It is important that you take the time to consider all of your options before accepting any settlement for compensation.

Not exact matches

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.»

Creditors will typically accept debt settlement only after you stop making payments, which can significantly damage your credit score for several years.

In turn, the restaurant can choose to receive bank settlement for the funds they accept from bitcoin customers.

Vancouver, British Columbia (FSCwire)-- Noram Ventures Inc. (TSX - Venture: NRM and Frankfurt: N7R)(«Noram» or the «Company») is pleased to announce that the TSX Venture Exchange has accepted for filing debt settlement agreements with various creditors previously announced on December 15, 2017, and December 8, 2017.

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.

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.

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.

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 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.

The background to Hawking's decision — which was both serious and measured — is this: he initially accepted the invitation to Israeli President Shimon Peres's conference because, as he has now said, it would «allow me to express my opinion on the prospects for a peace settlement» between Israel and the Palestinians.

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.

A press release from Chemistry about the eHarmony New Jersey settlement, points out the fact that the dating matchmaking service Chemistry has always had an open mind and accepted singles looking for same sex partners.

Penguin Group's CEO John Makinson issued a statement yesterday that basically outlines the company's reasons for going to court over the issue, rather than accept the punitive settlement offered to the publishers.

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.

Creditors will typically accept debt settlement only after you stop making payments, which can significantly damage your credit score for several years.

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?

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.

There are there options for paying the settlement if the IRS accepts your application.

For example, a debt negotiation company who gets your creditors to accept a settlement payment on your account is better known as a debt settlement firm.

The IRS considers canceled debt as income but you qualify for a tax break if you were insolvent when you accepted the debt settlement.

Because a lender has the right to take property for secured debts you don't pay, it's nearly impossible to get them to accept a settlement offer on a secured debt.

Let's say you owed $ 20,000 and your credit card company accepted a $ 10,000 settlement, you may be liable for the taxes on $ 10,000.

While it is possible that your credit card issuer will refuse to accept a partial settlement of your debt, it is just as likely that you may be allowed to settle for either a lump sum payment, a renegotiation of your payment terms that may give you more time — typically an extra 90 days — or a combination of the two, in order to settle your account before it gets charged - off.

Creditors will almost never accept full and final settlement offers on accounts for which all the payments are current.

CRA won't accept debt settlements for less than the full amount owing, but they will accept consumer proposals for less than the full amount owing.

Debt settlement is a process by which you convince your creditors to accept less than full payment for your debts.

IB does not accept short sale orders for US stocks that are not eligible for DTC continuous net settlement (CNS) and all short sale orders are subject to approval by IB.

If you agree to the terms and accept this agreement, certified funds for the settlement amount of one hundred dollars ($ 100.00) will be sent to Collection Agency in exchange for full deletion of all references regarding this account from my credit files and full satisfaction of the debt.

Some creditors may allow for the structuring of a debt settlement in an installment plan rather than as a lump sum payment, but generally, a creditor will accept a lower amount if you offer a lump sum payment rather than an install plan spread out over several months.

Debt settlement, on the other hand, is where a company negotiates on your behalf in an effort to get your creditors to accept a reduced amount in return for paying off the debt.

For example, if you owe $ 15,000 to a creditor and offer a $ 6,000 settlement, the creditor may be willing to accept that settlement in $ 1,000 installments over a six (6) month period.

Because the DOE and federal government have so many resources for collecting debt (income tax returns, social security payments, wage garnishing), it is rare they ever accept a debt settlement.

If you do not wish to provide evidence of your financial hardship to the creditor, the creditor may still accept a debt settlement proposal, but it will usually be for a higher amount than if you are willing to provide evidence to establish financial hardship.

Creditors may push for higher settlements, while junk debt buyers may accept just a small percentage of the outstanding balance.

With the pay for deletion method, you're taking the debt settlement negotiating a step further by asking the debt collection agency to actually remove the charged - off account from your credit report in addition to accepting your offer as «payment in full without recourse».

Keep a master list with all your accounts and these details: the balance before the account went past due, the outstanding balance, whether the account is with the original creditor or a collector, the estimated charge - off date, whether you've offered a settlement, whether the settlement has been accepted, your ideal settlement amount for each account and the total amount of settlement funds you need to accumulate.

In a debt settlement, the lender agrees to accept less than the full balance of a debt in return for a lump - sum payment from the consumer.

There have been numerous debt settlement scams in which settlement companies accepted payments from consumers for a settled debt but did not pay the consumers» creditors.

First, it's none of their business, but more importantly, if you mention you are getting a settlement, tax return, or borrowing money from relatives, they may be unwilling to accept a lesser amount and press you for the entire debt.

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.

Remember that if you get a settlement $ 2000 — let's say your debt is at 5K and the company accepts 3K — it will count as income for your next income tax return.