Structured Settlement or a One-Time Lump Sum Payment?Written by Greg Smith
If you are involved with a legal decision, financial claim or insurance arrangement, financing process to settle and resolve claim can often take two forms. Either a one-time lump sum payment, or a long-term periodic series of deferred structured settlement payments. But which is best for your situation? Learn more at http://www.settlements-i.com/ A structured settlement involves a financial or insurance arrangement which includes a periodic stream of payments, that a claimant or plaintiff accepts in order to resolve a personal injury claim or other legal case. They were first utilized in Canada and United States during 1970s as an alternative to lump sum payments and are now part of statutory tort law of several common law countries. A structured settlement is a deferred payment method for compensating injury victims, and is a voluntary agreement between injury victim ( plaintiff ) and defendant. The plaintiff will receive monetary payout over course of a number of years through this deferred payment agreement. Under a structured settlement, an injury victim does not receive compensation for their injuries in one lump sum, but rather, they will receive a stream of tax free payments designed to meet future expenses and living needs. This type of compensation method is becoming more popular in a wide variety of legal cases.
| | Credit Report – Check Yours Regularly…and for FreeWritten by Charles Essmeier
In twenty-first century, there are few documents that have a greater impact on lives of Americans then their credit report. Credit rating determines one’s ability to buy a home, a car, or to obtain a credit card or a job. Since these things are important, it is equally important that information be accurate. The only way to be sure of that is to check report regularly. Prior to last fall, there were two ways to obtain a copy of your credit report: to pay for one, or to obtain one for free after being denied credit. Thanks to Fair Credit Reporting Act passed last year, Americans can now obtain a free copy of their credit report from each of three credit reporting agencies once a year.
Due to anticipated heavy response to offer of free credit reports, program has been rolled out in stages. People living in West and Midwest are already eligible to apply for a copy of their report at www.annualcreditreport.com. As of June 1, 2005, those living in Southeast are now eligible, and on September 1, 2005, those living in Northeast will be eligible. All that is required to receive a copy of your credit report is to answer a few simple questions. Since it only takes a few minutes to do, there is really no reason to put off checking your credit report, and you may benefit tremendously by doing so.
The credit score is a single, three digit number that represents an
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