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  Structured Settlements

A structured settlement is an arrangement whereby the plaintiff is awarded money scheduled to be paid by the defendent in regular intervals. Depending on the terms of the settlement, or annuity, these payments are usually made monthly or annually. If the plaintiff prefers to receive the money in one lump sum, as opposed to receiving smaller payments over a long period of time, he may sell the structured settlement to a company that specialize in buying structured settlements.