Expert Witness Blog
Periodic payment judgments expert witnesses may opine on personal injury settlements, workers compensation case settlements, and wrongful death suit settlements, as well as related issues. A structured settlement may be defined as a court granted contract between a plaintiff as well as a defendant which pays off some amount of money to the plaintiff within regular payment scheme throughout a certain amount of time frame. What eventually may take place is, the person receiving the money, after a few years of repayments, chooses to get a lump sum payment to pay bills or simply to get some extra funds. And at this point, the structured settlement company comes into play. They will provide an agent who will buy the structured settlement contract with a slightly lower price in exchange for providing a large sum of cash at once.
Read more: zasst.com.