Is a Structured Settlement Considered Income?
If you are a plaintiff in a personal injury lawsuit, your eventual settlement may be paid in either a lump sum or a structured settlement. A structured settlement, as the term implies, simply means that your overall amount will be paid at periodic intervals, rather than all at once. If your settlement was $700,000, for instance, you may receive $70,000… Read more »
Payouts Pending, Transvaginal Mesh Settlement Loan Can Help
Transvaginal mesh litigation has been steadily growing across the country, involving multiple manufacturers and thousands of plaintiffs. For some stuck in legal limbo, a transvaginal mesh settlement loan may help tide them over financially until their case goes to court or reaches a settlement. Transvaginal mesh was originally designed to treat stress urinary incontinence (SUI) and pelvic organ prolapse (POP)…. Read more »
Thinking of Selling Your Structured Settlement?
Many plaintiffs are awarded compensation for damages they’ve incurred in the form of structured settlements. Rather than receiving one lump sum payment, they are compensated through periodic payments spread out over a period of time. Some people prefer this method, as it helps to keep to better manage their money, as they do not have the ability to recklessly spend… Read more »
Pros and Cons of Selling Structured Settlement Loans
When injured parties win compensation in a lawsuit, the money is often disbursed in small, frequent payments known as structured settlements. They can prove useful to plaintiffs who want a regular source of income, especially if an injury has left them unable to work. Structured settlements are usually established in the form of an annuity policy, set up by the… Read more »
What is a Structured Settlement?
A structured settlement has a variety of advantages over a lump-sum lawsuit settlement, but many successful plaintiffs are wary of such an arrangement. What if financial and other circumstances cause them to need a flood of money, as opposed to a trickle? That’s where post-settlement lawsuit loans come into play: You get to choose whether or not to convert your… Read more »
