We all have heard about structured settlements, but we aren't fully aware from it. Basically, structured settlements are monthly installments of a certain amount, which is to be paid to the petitioner by the respondent for his/her loss or damage, caused by the actions of respondent. The judgment is passed by the honorable Court after the completion of trial and if the company or individual, who is responsible to pay the sum ordered by the honorable Court is not able to pay it on lump sum basis, then there is a provision in law that allows the respondent to pay...


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