Structured Settlements: cash out for settlements
Structured settlements are a method of compensating injury victims. A
structured settlement is a voluntary agreement reached between two parties,
typically a plaintiff and a defendant, under which the injured person is
compensated for damages in the form of a stream of periodic cash payments
purchased for the plaintiff on behalf of the defendant. Structured Settlements
are a completely voluntary agreement between the injury victim and the
defendant.
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Structured Settlement. We commonly refer to the purchase of lotteries, structured settlements, and annuities as annuity-based receivables. These three types of annuity-based receivables are very different, yet very alike.
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