The time it takes to disburse money after a settlement agreement is reached can vary depending on several factors, including the complexity of the case and the specific terms of the agreement. Generally, it can take anywhere from a few days to several weeks. Once all necessary paperwork is completed and any required approvals are obtained, the funds are typically released. It's advisable to consult with your attorney for a more accurate timeline based on your specific situation.
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To calculate the money factor in a lease agreement, you divide the annual interest rate by 2400. This will give you the money factor, which is used to determine the finance charge on the lease.
To determine the money factor on a lease agreement, you can ask the leasing company for the interest rate they are using and then convert it to a money factor by dividing it by 2400. The money factor represents the cost of financing the lease.
If you receive money from a settlement, whether Sallie Mae will take your money depends on the nature of the settlement and your financial situation. If the settlement is meant to cover debts or obligations, creditors like Sallie Mae could potentially claim a portion of it to satisfy outstanding loans. However, if the settlement is for personal injury or other damages, it may be protected from creditors depending on state laws. It's advisable to consult with a financial advisor or attorney for guidance specific to your situation.
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.
Some alternative words for disburse are the following: distribute, divvy, dole out, foot the bill, pay out, shell out. The definition of disburse means to spend money.
Money... Either you or somebody you may owe is going to get money.
When I rich I am going to be really careful about the disbursement of my money.
No-
Settlement can refer to many different things. One includes the agreement when two parties have been fighting. The settlement usually includes money.
A structured settlement annuity is an agreement between a company and an individual. The company has the obligation to pay a predetermined amount of money to the individual over a stated timeline.
The money can always be "given" back, but that is not really what you are asking. Generally, settlement agreements waive and release the parties from future claims and future discoveries regarding facts. As such, unless the settlement agreement says differently, there will normally not be any obligation to undo the settlement agreement after new facts are discovered or confirmed. Also, in civil litigation, there is no "innocent" or "guilty" - only liable and not liable.
They have to pay taxes.
A structured settlement annuity is an agreement where an insurance company will pay an individual the predetermined amount of money over a finite period of time.
One may receive settlement money as compensation for damages or injuries suffered due to the fault of another party, often to avoid going to trial. Settlements are reached through negotiation between parties and are legally binding agreements.
You can ask your attorney directly about their plan for handling settlement funds. It is important to have clear communication with your attorney about how the settlement money will be handled and distributed. You can also request documentation or a written agreement outlining how the funds will be allocated.
You have disburse his assets according to state law - it doesn't matter what they do with those assets - them not using the money wisely is a moral issue not a legal one. Check your state's laws for who gets what when there is no will.