Sentences with phrase «lump sum settlements»

Lump sum settlements can often be reached at a lower amount than a term settlement, depending upon the creditors.

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

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

«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.

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.

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.

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.

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

Over the last few years our practitioners have been instructed in many of the major value cases including: XXX who recovered # 9.4 m at trial; Mille Evans who's case settled for # 10.7 m shortly before trial; ABC v Great Ormond Street Hospital in which the claimant recovered # 10.25 m; Hammond, a cerebral palsy case involving a rare lump sum settlement of # 8.1 million; A Child (# 7.3 m); K v Powys (# 8 m); and X v A (6.6 m).

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 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.

Not exact matches

Settlement and lawsuit funding provides lump sum cash advance for annuities and personal injury cases before or after an award.

Second, the instalments of a structured settlement could be timed to coincide with an advantageous tax position, or to reduce taxes payable on any income created by investing the lump sum.

Another example would be a young widow with small children receiving a lump - sum settlement from her husband's life insurance policy and can not risk losing the principal; although growth would be nice, the need for cash in hand for living expenses is of primary importance.

The settlement requires payment of a lump sum amount of $ 50,000 from Target Canada Inc. for the exclusive benefit of a registered charity selected by your Representatives.

The City of Niagara Falls is set to receive a lump sum of $ 89 million after the settlement of a long - standing dispute between New York state and the Seneca Nation over gambling revenues.

«The settlement was one lump sum and the fees were settled after the settlement,» he said.

In addition to a $ 7.5 million settlement dubbed a «lump sum» but payable over seven years, Silda also gets $ 240,000 a year in maintenance for the rest of her life — with all the cash coming after Eliot pays the taxes.

The board bought out his settlement package in a lump sum for $ 421,353 on Jan. 15, 2012, before he retired in October 2013, according to DiNapoli's office.

Debt - settlement companies tend to hold monthly payments from you until they have a lump sum they can offer a creditor in exchange for a settlement.

Once the debt settlement company thinks it can negotiate a lower amount on the debt you owe with the creditor and you have a lump sum ready to pay the hopeful amount, the company will start negotiating with your creditors.

If I receive a lump - sum payment or a structured settlement, will I be taxed by the Canadian government?

The lump sum payment you get in return is less than the settlement payments you sign over.

Creditors typically require a debt settlement to be paid in a lump sum.

Through a full and final settlement, you would offer your creditor a lump sum of money that's less than the full amount you owe.

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.

If you have a policy you no longer want you can also sell it to a life settlement company in return for a lump sum payment.