Sentences with phrase «lump sum settlement»

You may be able to contact the bank and negotiate a reduced lump sum settlement of your credit balance to close out the entire account.

Alternatively, they're allowed to take 10 % of the debt for lump sum settlements.

As they have good relationships with creditors, law firms and collection agencies they can negotiate lump sum settlements or payment plans that work in your favor.

Once you have received that lump sum settlement payment, you can use those funds as you choose for medical care, education, living expenses, and so on.

No additional sums are payable Nearly all settlements in personal injury cases are in the form lump sum settlements.

In fact, studies show that lump sum settlements tend to be exhausted after only five years or less.

A debt settlement program, on the other hand, will work on your behalf to negotiate lower payments or a lower lump sum settlement of your debts.

Nearly all settlements in personal injury cases are in the form lump sum settlements.

If you settle your workers» compensation claim first and then file for Social Security Disability, you basically receive the full lump sum settlement, tax free, and get a full Social Security Disability check.

In it the Board announced that it will no longer reduce non-economic loss (NEL) awards for injured workers as a result of non-symptomatic pre-existing conditions, and will reconsider NEL lump sum settlements that were awarded and then reduced based on asymptomatic pre-existing conditions.

Prior to the trial Mr. Cobb had entered into a final lump sum settlement with his own insurance company of his collateral benefits including his Income Replacement Benefit.

Alston's report urges the UN to make use of other precedents for lump sum settlements, such as the 9/11 trust fund, the USA - France agreement to compensate Holocaust victims, and the Canadian Reparations Programme for the Indian Residential School System.

Rather, any payments made to creditors are a result of negotiated lump sum settlements or in rare cases, based on a pre-negotiated settlement payment plan.

If coming up with a lump sum settlement is not financially possible at the time you can request a monthly payment arrangement be set up.

If you're hoping to negotiate for a lump sum settlement where you can pay off your credit card debt for less than you owe, you won't have any luck until you've been behind on your payments for a while.

To successfully negotiate a lump sum settlement, you will need to have access to a lump sum of money.

Depending on the cash you have on hand, a lump sum settlement might make good sense if bankruptcy is not an option.

This is true if it is a lump sum settlement or an agreement for a reduced sum with monthly payments.

That's why when determining a settlement, I often suggest a future value calculation and lump sum settlement.

In general, you'll get a much better deal with a lump sum settlement offer than an installment payment.

Once the fees were paid, the company would accumulate the payments until there was sufficient money available to offer a lump sum settlement payment to one of the client's creditors.

When there is enough money in the account for them to make a lump sum settlement on the debts, they'll start negotiating with your creditors.

It is also possible to offer your creditors a lump sum settlement.

You can offer what's called a settlement, a lump sum settlement where if you owe $ 1,000 you're offering to pay $ 700.

One option is that you could explore a debt settlement approach to do a lump sum settlement of your credit card debt.

These companies say they will negotiate with consumers» creditors to accept a lump sum settlement for 40 to 60 cents on the dollar for amounts owed on credit cards and other unsecured debt.

Sometimes, someone in your position finds it beneficial to come up with a lump sum settlement so that they are free to move on and grow their business without the threat of the ex-spouse wanting a share of the growth by way of increased support.

Debt settlement: Also referred to as debt negotiation, this is an agreement between a creditor and a debtor for a lump sum settlement of the debt for less than the balance owed.

So, they can collect 15 % of a monthly payment if you're doing a period of payments over time or they can collect 10 % of the debt as a fee if you're doing a lump sum settlement.

So, we were talking the first segment about Fred with his $ 40,000 worth of debt, so if Fred made a lump sum settlement then the debt settlement fee on that $ 40,000 debt --

«Half of our claimants who lost their home took a lump sum settlement and either left the area or bought a new pre-built house in the Fort Mac area,» says Economical's Neglia.

In many cases the insurance company will offer a lump sum settlement to resolve your case.

Injured workers need a skilled advocate to obtain the compesnation that they deserve, from partial, to total disbility settelements, lump sum settlements, to in depth analysis and review of client physician produced and impartial physician medical records, our attorneys will help you begin your case and see it through to a sucessful end.

If the patient has private insurance or medicare or medicaid paying their medical expenses, then they can invest a lump sum settlement to greatly enhance the quality of their future care.

We are happy to help you with any questions you may have, including whether you should seek a lump sum settlement.

So to many, a lump sum settlement can sometimes provide relief from this stress and allow financial freedom.

A lump sum settlement may be appropriate, but many times we structure the settlement or award to provide a future stream of income, or to cover future medical care or job retraining.

If we negotiate a lump sum settlement, we help clients go through the Medicare set - aside process in order to ensure there will be money to pay for continued medical expenses down the road.

There are times a lump sum settlement makes sense for you.

These benefits include return to work orders, appeals from the denial of benefits, permanency proceedings, disability pensions, short and long term disability benefits, offsets, collective bargaining agreement grievances, arbitrations, unfair labor practices, lump sum settlements and buyouts.

Employees may be entitled to paid medical treatment, missed wages, and a lump sum settlement if they choose to pursue a work injury claim after an accident leaves them injured.

In some cases, they may also be eligible for lifetime permanent disability payments and lump sum settlements.

In addition to medical help, an injured worker is also entitled to compensation for the time he or she misses from work and may be entitled to a lump sum settlement for pain and suffering caused by an incident.

Some policies will also offer a lump sum settlement if employees face serious, disfiguring injuries.

The best thing to do with a lump sum settlement is talk to an accountant who will be able to advise you further on investing the money wisely.