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Cash for Annuity Payment
When you win a personal injury lawsuit, the judge will have to decide if the amount awarded should be paid in a lump sum, or over a period of time. This is considered to be a structured settlement. A structured settlement is often awarded when the judge believes that the injured party will be facing a lot of future medical bills or a significant amount of time unemployed. For some people, a structured settlement fits the bill, for others, however, it does not.
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