How are the payments negotiated?
When a case involves personal injury, the amount of money necessary to cover the victim’s medical care and living costs is negotiated between the plaintiff and defendant. To ensure that plaintiffs receive the best settlement possible, it is essential to involve a structured settlement expert, who will work in the client’s best interests and find a plan that works for them. Once this agreement is made, the defendant funds a stream of payments to the plaintiff, according to specific needs. In most cases, the defendant then transfers the responsibility to a “qualified assignment,” which funds the damage payments with an annuity.
Related Questions
- CAN A PRODUCER INCLUDE OTHER REQUIRED PAYMENTS, SUCH AS OVERTIME OR MEAL PENALTIES, AS PART OF THE NEGOTIATED FEE FOR NEW MEDIA OR INTERNET USE?
- Can a producer include other required payments, such as overtime or meal penalties, as part of the negotiated fee for New Media?
- I’m not in Foreclosure, and have not missed any payments. Can a short-sale be negotiated on my behalf?
