Settlements and Payouts

Introduction. When a personal injury claim is resolved, one important question is how the payment will be made. In some cases, the whole agreed amount is paid at once. In others, it is paid over time in a series of scheduled payments. The choice between structured settlements vs lump sum payments can affect budgeting, flexibility, […]

Introduction. When someone is injured because of another person’s carelessness or wrongdoing, the injured person may seek a settlement. A settlement is an agreement to resolve a claim without going to trial. In exchange for a payment, the injured person generally agrees not to pursue the same claim further. Understanding how personal injury settlements are […]