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What is structured settlement?

Can anybody tell me what is the meaning of structured settlement?

Asked on Tue, 08/30/2011 - 17:24
anonymous
2 Answers

When you settle a case with the plaintiff for a huge amount of money and make an agreement to pay the amount in installments rather than in a lumpsum payment, then it is known as structured settlement.

Answered on Wed, 08/31/2011 - 09:37
nandydiana

Check out the given link which will help you to know about structured settlement:
“http://en.wikipedia.org/wiki/Structured_settlement”

 

Answered on Tue, 08/30/2011 - 17:41
anonymous

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