Structured: 20,503 results found.
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Structured settlement
A structured settlement is a financial or insurance arrangement, including periodic payments, that a claimant accepts to resolve a personal injury tort claim or to compromise a statutory periodic payment obligation. Structured settlements were first utilized in Canada and the United States during the 1970s as an alternative to lump sum settlements.
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Structured Settlement Loans
Structured settlements were enacted by Congress in 1982 to insure personal injury victims received their monetary awards in a responsible manner. Many individuals would poorly manage a lump sum amount and then have nothing to repay medical bills or living expenses.
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