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It's been a summer of settlements, with major companies such as Equifax, Capital One, and Amazon paying out millions — even billions — of dollars to consumers.
Whether you've been involved in a class action lawsuit, a personal injury lawsuit, or other type of case, settling out of court can result in a major windfall. And having a plan for what to do with that money can set you up for financial success for years to come.
The amount you can expect to receive from a settlement depends on the nature of the case.
For example, a class action settlement is an agreement that resolves a lawsuit brought by a group of people who experienced the same (or similar) harm from a company or other organization. The resulting payment may be distributed to each person as one lump sum or in structured installments over time.
#case
It's been a summer of settlements, with major companies such as Equifax, Capital One, and Amazon paying out millions — even billions — of dollars to consumers.
Whether you've been involved in a class action lawsuit, a personal injury lawsuit, or other type of case, settling out of court can result in a major windfall. And having a plan for what to do with that money can set you up for financial success for years to come.
The amount you can expect to receive from a settlement depends on the nature of the case.
For example, a class action settlement is an agreement that resolves a lawsuit brought by a group of people who experienced the same (or similar) harm from a company or other organization. The resulting payment may be distributed to each person as one lump sum or in structured installments over time.
#case
2 months ago
