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A cash settlement can mean many things. As a very broad definition they can be described as: A way of ending an obligation or dispute by providing money to whomever you are indebted.Cash settlements are payed to plaintiffs in lawsuits, generally before the case is finished going through the court system. Cash settlements in trading can also refer to the act of paying out cash for an item to an individual instead of that individual actually purchasing an item. Example: I buy 1 oz of gold for $600. I receive some sort of paperwork stating that I own 1 oz of gold. When I sell this gold, I would then receive the value of my 1 oz of gold, whatever that may be at the time of the sale. The money I receive would be the cash settlement.
What else can I help you with?
What is the accounting journal entry to record settlement charges?
Debit settlement chargesCredit cash /bank
When might one receive a cash settlement?
A person may be in line to get a cash settlement when they have a large structured settlement owed to them. It could be winnings from a law suit, or will, or some other winnings. You can get what is the equivalent of an advance on those payments.
What is the other term for the cash payment settlement option?
don't know
What is inflow and outflow?
Exactly what it sounds like. A cash inflow means that cash is going into the company, and a cash outflow means cash is going out of the company.
What is the journal entry of cash received from swati in full settlement?
CASH A/C DR DISCOUNT A/C DR TO SWATHI A/
Where can you find a cash settlement?
A cash settlement can be obtained through an insurance company if you have a claim in which money is owed to you. A cash settlement is usually paid in one lump sum, as opposed to a structured settlement of paid installments.
Can I obtain a cash settlement after a car accident?
Yes, you can infact obtain a cash settlement after a car accident. Once a party is found at fault and proper court proceedings have been gone through a cash settlement can be obtained
What is a cash settlement?
A cash settlement is used to describe several types of financial transactions. This term can refer to funds paid to settle a debt or a lawsuit. A cash settlement is when a company gives a sum of cash in return for a structured settlement that pays you over a period of years. Usually they don't pay you a very high percentage of what you are actually owed.
Is there a company in Colorado that will give a cash advance while waiting for a lawsuit settlement?
Advance America Cash Advance, Allied Cash Advance, and Ace Cash Express will all offer a cash advance, while you wait for your lawsuit settlement.
If a person needs information about cash for settlement, what type of lawyer should they talk to?
What type lawyer is needed for advise concerning a cash settlement?
How is the fee for a cash for structured settlement deal determined?
The fee amount is determined up front as teh cash settlement deal is finalized. This fee is often based on the total percentage of the settlement.
How much money am I losing if I decide to go the route of cash for settlement?
The amount of money you will lose if you take a cash settlement depends on the amount of the settlement. Usually the amount you lose is worth it if you need the cash or don't want the other settlement option. If the other option is stocks then cash might get your more at this time due to the ups and downs of the stock market.
What are the standard attorney fees for a cash settlement?
The standard attorney fees for a cash settlement is about 2000 to 5000 dollars. You can read more at www.StructuredSettlementLumpSum.com or cashforyourstructuredsettlement.com
How does lawsuit settlement funding work?
Lawsuit settlement funding can include a cash advance for a settlement. There are several companies that offer lawsuit settlement options.
What is the accounting journal entry to record settlement charges?
Debit settlement chargesCredit cash /bank
What settlement was best known for cash cropping?
Jamestown
In Illinois what is the standard cash settlement for trigger thumb surgery without a certain percentage of disability?
The surgery cures the trigger thumb--why should there be any cash settlement?
