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Cash settlements provide an obligating party the means to make amends to another party by fulfilling a financial obligation through cash. Two types of cash settlements exist. The most common cash settlement occurs in a legal dispute. In this type of transaction, a wronged party is awarded cash as a means to settle a dispute. The other type of cash settlement refers to payments in a futures contract. Futures refer to derivatives that require the seller of a futures contract to provide a commodity or asset to the buyer on a specified date. In each scenario, a party is obligated by contract or court of law to pay another party cash to fulfill his or her financial obligation.
Cash settlements settled in a court of law may be awarded because of disputes relating to wrongful death, accidents, employment discrimination, harassment, misdiagnosis, and other legal disputes. In each instance, both parties usually obtain legal representation. In most cases, attorneys can settle the case before it ever reaches the courtroom. In other instances, both parties must present their case before a judge. Once a decision is reached by the judge, a document will be issued to the awarded party designating the frequency by which the cash will be issued to the plaintiff.
Futures cash settlements may be used as a form of payment when the commodity is the underlying security supporting the futures trade. On the security’s trade date, a cash settlement will be awarded as payment to secure the transaction. In general cash settlements are made according to the profit or loss made in the futures trade rather than the actual physical exchange of the commodity underlying the security. The costs and time associated with physically transferring the commodity would be incredibly cumbersome and costly. Therefore, traders accept the difference between the cash position when purchased and the cash position when sold.
Cash settlements, in either instance, are legally binding in a court of law. If the obligating party does not pay, then that party may be ordered to pay the amount by the courts. Legal entities may make arrangements with the obligated party in order to pay the agreed upon amount.
What else can I help you with?
Who offers the most Cash For Structured Settlements?
Set Cap offers the most Cash For Structured Settlements. Stone Street is another company that offers a lot of Cash For Structured Settlements.
Where can I find out information regarding cash for settlements?
You can find out information regarding cash for settlements at www.acsfcorp.com. Another good site is www.JGWentworth.com/CashSettlement
What is the best way of releasing cash for settlements?
The best way of releasing cash for settlements is to fill in a lot of surveys, get paid and then release your earned money. That way you can earn a lot of money and get a lot of settlements.
Are there legitimate companies that pay cash for settlements?
There are many legitimate companies that prefer to pay out cash damage settlements to aoid negative publicity that a civil trial bring to them.
What early settlements was best known for cash farming?
Jamestown
Where can you learn more about cash settlements?
You can learn more about cash settlements on Wikipedia, or by talking to a lawyer, or someone else who is very knowledgeable on the subject. You could also try a textbook on law.
Where can I learn more about cash for structured settlements?
You can learn more about cash for structured settlements at at www.jgwentworth/Structured-Settlement/Sell-Structured-Settlement.aspx. They explain what a structured settlement is, and how to sell all or some of your monthly payments.
Are there any Seattle lawyers specializing in getting cash for settlements?
Yes, there are Seattle lawyers who specialize in getting cash for settlements. www.lawyers.findlaw.com/ is a directory of attorneys based in the United States. By using this site, you will be able to find the best cash settlement attorney in Seattle, WA.
What settlements was best known for cash crop farming?
Jamestown was best known for cash crop farming.
What does Viatical settlements mean to life insurance?
Viatical settlements, or life settlements, are done when people have a terminal illness. In such a case, the person will sell their life insurance policy to obtain ready to use cash.
How can I get money right now for pending settlements?
You can check with a cash advance service. Often times they will provide immediate cash to people who are in need.
Are cash settlements more or less common given a bad economy?
Cash settlements become more common as the economy worsens. All companies and individuals are looking to cut cost,avoiding costly litigation is one way to do so.
