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The best way to get a good offer in a compromise settlement is to talk as much as possible with the opposing party to find some middle ground. If you do not already have lawyers helping you it may be a great idea to find someone to help mediate discussions between both parties.

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12y ago

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Related Questions

What is an offer in compromise?

An offer in compromise allows a person to settle their debts for less than the amount they owe. A good time to pursue this would be when you owe debts of a substantial amount.


Explain the reasons for French settlement of Quebec?

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Are life settlement receipts taxable?

There is no clear cut answer for this question as the IRS to date has not provided definitve guidance. I also must make a disclaimer that I am not providing tax or legal advice, and it is always best to consult with your CPA. Generally speaking, the common accepted taxation belief for life settlements is as follows: The amount of the settlement offer that is equal to your annual premium payment - this amount of the offer would likely be treated as non-taxable. The amount of the settlement offer that is equal to the difference between the cash surrender value and the annual premium on the policy - this amount of the offer would likely be treated as ordinary income The amount of the settlement offer that equals the difference between the cash surrender value and the settlement offer - this amount of the offer would likely be treated as capital gains. Hope that gives you a good starting point.


How can I get a payment advance on my cash structured settlement?

There are many organizations that advertise on television that offer payment advances on cash structured settlements. In addition to them, a good one online is www.stonestreet.com. A structured settlement spells out the terms of the settlement and when the settlement payments will be made. There is not a way to get a advance on that.


Is an offer in compromise a good way to settle back taxes?

This can be a great way to settle any back taxes you have. If the IRS is offering this you should consider it.


Is Warkworth a good settlement?

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Is it always better to take a cash settlement when in the middle of a lawsuit and if I do how much of a percentage would most lawyers expect out of the settlement?

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The compromise 1877 was a good idea?

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What is the best way to deal with a complaint?

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Do you thnk the compromise of 1850 was a good solution explain your answer?

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