A settlement payment is the amount a defendant pays in the event a lawsuit is settled out of court. Reaching a settlement is an alternative to a trial, which adjusts or determines the claims of a dispute, according to The Free Dictionary's Legal Dictionary.
Information on a settlement form includes case information and the terms of the settlement. Litigants may also include legal language that divides up the cost of attorney fees and requires the litigants to keep settlement information confidential, according to mediator Darrel Lewis.
Car-related legal settlements are arrangements for compensation of damages suffered by a party due to an automotive accident, manufacturing defect or other issue. Most settlements result in compensation in the form of money. While the majority of settlements occur between parties involved in automob
Different types of human settlements include hamlets, villages, small towns, large towns, isolated places, cities and conurbations. In some systems, types of human settlements are broken up into urban, suburban and rural; for example, the U.S. Census Bureau divides settlements into urban or rural ca
Details of the BP settlement with the government and five Gulf States include $18.7 billion in restitution to settle all federal and state claims across 18 years, with $5.5 billion of it in civil penalties and $7.1 billion for damage to natural resources, notes the BP website. This does not include
A cash settlement is a method of settling a future contract by cash instead of the physical delivery of an asset. This is a convenient method of transacting future contracts, states Investopedia.
A settlement pattern is an archaeological term used to describe how cultural activities were distributed over a given area at a particular time period. Settlement pattern studies are conducted by archaeologists using maps, satellite imagery, aerial photography and land surveys to determine water cou
Debt settlement is the process of paying off a debt for less than the original amount, often through an outside debt settlement agency. Outstanding medical bills and credit card debt are two types of debt often settled through this process.
A civil settlement, also termed a civil settlement, occurs when the plaintiff in a civil case agrees to stop legal action and the right to pursue recourse in exchange for agreed upon terms. The terms in a civil settlement may include payment or an agreement to perform or cease actions.
Mortgage settlement checks were paid to qualifying individuals under the National Mortgage Settlement of 2012, according to Nolo. The settlement required that certain lenders provide relief to borrowers because of legal misconduct in the way that mortgage foreclosure activities and other procedures