Sentences with phrase «settlement funds»
Settlement funds refer to money that is paid to resolve a legal dispute or reach a mutual agreement between parties involved in the disagreement. It is a sum of money that is used to settle a legal case or compensate for damages, often to avoid going to court. Full definition
This delay prevents prompt payments of settlement funds to clients like you, and can be frustrating for you and your lawyer.
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Today I want to write about advances on settlement funds in motor vehicle accident cases.
Perhaps most importantly, the counties are pushing for using bank settlement funds for upstate road and water infrastructure projects and have the state invest in clean water infrastructure.
If you think that everyone will soon live to be 120 years old, you should stay away from life settlement funds.
Having money in your money market settlement fund makes it easy.
Most of these cases resulted in settlement funded by insurance following multiple mediation sessions.
Even usage of the debt settlement funds for purposes they may feel valid at the time will still result in there being no funds for debt settlement when the need arises.
It's important to remember that if settlement funds fall into the hands of criminals, the reputations of all the settlement professionals are on the line.
The deductible is taken into account for when settlement numbers are discussed and agreed upon; it is not something that the client has to pay back upon receiving settlement funds.
Contrary to my assumptions, life settlement funds do not collect money from their investors each month to pay premiums, and they do not immediately pay out death benefits when they are received.
In order to get more time to get debt settlement funds accumulated.
Attorneys with extensive real estate practices are usually authorized by local title companies to handle settlement funds, which can make the closing go more smoothly.
The due diligence process for life settlement funds is time - consuming and expensive.
Whoever is given the job of filing the death claim should know some basic steps to make sure they're doing everything required to receive settlement funds.
On the other hand for many people the greater danger lies in holding the debt settlement funds themselves.
McMahon advocated last year that Cuomo split the $ 4.3 billion windfall that the state got in bank settlement funds between the MTA and the DOT for pay - as - you - go use on capital projects to break the cycle of borrowing.
The state's investment leveraged $ 12.8 million in tax credit equity along with $ 4.6 million in financing from Citibank, with part of the financing coming from settlement funds.
Previously, Schneiderman's office had used settlement funds on other programs designed to assist homeowners post-housing crisis, such as the Homeowner Protection Program, providing legal services for homeowners, and the Mortgage Assistance Program, providing zero - interest loans to homeowners who are at risk of foreclosure; the office has also funded land banks with settlement money.
Seven local organizations were awarded $ 44,000 last week through the Clinton County Legislature's annual allotment of tobacco settlement funding.
The practice focuses on elder law, special needs planning, Veteran's Administration planning, and settlement planning, including a national practice establishing Qualified Settlement Funds (QSF).
Conversely, if the Reserve Bank supplies less than banks wish to hold, they will respond by trying to borrow more in the cash market to build up their holdings of exchange settlement funds; in the process, they will bid up the cash rate.
The approved settlement fund totals $ 535,000.
Cy Pres (French for «as close as possible») awards allow unclaimed settlement funds from class - action suits to be distributed to organizations that are most likely to benefit or pursue the interests of the settlement.
Cuomo's budget spokesman Morris Peters said this week that «We make no apologies for our plan to provide real relief to upstate drivers and using settlement funds for projects that would otherwise be paid for on the backs of toll payers.»
MLSA is an appropriate recipient of both Cy Pres and court approved settlement funds, and such awards will support the free legal assistance MLSA provides for low - income individuals and families to help them access justice to secure or preserve the most basic necessities of life — shelter, food, and protection against violence.
Transferred $ 10 million annually (for 10 years) from the Tobacco Settlement Fund to the «smart start» preschool program so the $ 100 million would not need to come out of the General Fund
The allegation was that she had never paid a medical lien from client settlement funds — only the lienholder had no record that it was owed money, and it was so long ago that Ms. Albini and the bank had destroyed their records too.
I'm not sure there is even a minimum for Vanguard, but you would be limited to the money market settlement fund until you reach $ 1,000.
Astorino, meanwhile, blames Cuomo for not pushing for an end to the longtime tenure of Democratic Assembly Speaker Sheldon Silver, primarily over his role in securing confidential settlement funds for aides who charged Assemblyman Vito Lopez with sexual harassment.
The Greater Syracuse Land Bank has received nearly $ 5 million to date in mortgage settlement funds granted by the Office of NY Attorney General Eric Schneiderman.
Update 12:29 pm: An Amazon spokesperson sent Gizmodo this comment about how the company will assist in getting eligible Kindle customers refunds: «We are ready to distribute the court - mandated settlement funds to Kindle customers as soon as we're instructed to move forward.»
VOLKSWAGEN SETTLEMENT: Illinois officials will hold public meetings on how to spend $ 109 million in Volkswagen settlement funds following complaints that state officials were meeting privately with big businesses.
$ 5.5 Million Dollar Settlement, and Long - Term Structured Settlement Funds to Help with Medical Expenses Our team of truck accident attorneys were able to resolve the case of the second child at mediation.
In reality, no money ever leaves your pockets, as our legal fee comes out of the ICBC settlement funds obtained on your behalf at the conclusion of your ICBC claims.
The investor group, led by Maria Contreras - Sweet, who is best known for running the Small Business Administration under President Barack Obama, has also publicly said it would create a multimillion - dollar settlement fund (in addition to insurance that is already in place) for women who have accused Mr. Weinstein of abuse.
Without the promise of confidentiality, companies may worry that if the story gets out that they paid money to a former employee, the public will assume the employer did something wrong; they may also worry that it will create a slippery slope of ever increasing demands for settlement funds when they are required to terminate other employees» employment.
As previously reported in Law Times, Keshen was accused of several acts of misconduct, including failing to pay Indian residential school clients their full settlements within a reasonable period of time after receiving them, and transferring settlement funds for clients from his trust account to his general account «without any legal entitlement to the monies.»
In addition, to date, States have allocated more than $ 1 billion of state settlement funds for housing - related purposes, including nearly $ 250 million to housing counseling and another $ 50 million to legal aid.
Bitcoin Transaction Coordinator ensures receipt of Bitcoin payment and routes settlement funds to the appropriate bank account or Bitcoin wallet.
The shock to money markets around the world in mid August, described in more detail in the November Statement on Monetary Policy, saw the demand for settlement funds rise sharply.
The Net Settlement Fund will then be divided by all Class Members» points to determine the «net share point.»
The state will pay for the new projects and improvements on infrastructure by using existing state, Metropolitan Transportation Authority, Port Authority and financial settlement funds from banks, Cuomo said.
If approved, it would mark the second year in a row such settlement funds have been tapped by the Thruway authority, following a similar $ 1.3 billion transfer last year.
«The $ 5.4 billion in foreign bank settlement funds gives the state an incredible opportunity to address the critical needs of the statewide transportation system,» said Kevin O'Brien, President of the NYSCHSA and Commissioner of Public Works for Niagara County.
The Democrats propose using remaining bank legal settlement funds to invest in infrastructure projects, further helping municipalities switch streetlights to energy - efficient LEDs and expanding youth training programs like New York YouthBuild and Summer Youth Employment.
We heavily lobbied the state to have a portion of the $ 5 million plus bank settlement funds set aside to this capital project.
«Seven years later: BP oil spill settlement funding new way to manage fish populations: Researchers extracting DNA from fish eggs.»