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What is a Structured Settlement
What is a Structured Settlement Generally, a structured settlement can be defined as a settlement under which an injured party in a lawsuit for personal injuries agrees to accept a stream of payments in lieu of a lump sum as a settlement of their claim. A typical structured settlement agreement generally is entered into before a case goes to trial. The structured settlement agreement is generally made by and between the injured party and the defendant’s insurance company. Wherein, an injured party agrees to enter into a settlement agreement in exchange for the dismissal of the pending lawsuit. Pursuant to […]