Received settlement help So long story short I got injured at my job I seeked legal action and now four years later I received my settlement which is in the 7 figure range I have absolutely no clue what do to. I paid off my debts $30k now I’m not sure what to do. Everyone told me not to get a financial advisor cause they take a lot of your money. What would you do? How …

Settlement Decisions I recently was awarded a settlement of over 100k, and as someone on disability since 2013, this is A LOT of money to me. Of course, I realize it is a lot of money for many. However, I also realize that is not a lot of money for some. I want to be the latter and not waste any of these funds I have been received. I am the picture perfect definiti…

Help with settlement Long story short: I lost my leg due to an accident. Unlawfully fired from work because of the disability. I won a lawsuit for 1.9 million dollars. I haven’t received the funds yet but from what I understand it goes from ex employers to lawyers then lawyers disperse the money to me. I’m not sure how to store/bank the money as from what I underst…

$6500 from settlement! Smartest thing to do with it? I recently got some money ($6,500) from a settlement and I currently have it all in my bank’s savings account, which I do not want. I want to know what you all think the smartest thing would be for me to do with it, and I am thinking long term. Or just suggestions on what options I have. I have no debt. submitted by /u/aquamoonbvtch

I won 50k in a settlement – What do I do next? I’m receiving just over 50k net in a settlement payout. I’m 26 years old and my boyfriend and I rent an apartment. I’m in debt about 10 grand with the IRS which I plan to pay immediately once I receive the funds to stop it from growing interest. Aside from paying off my debt I have no idea what to do with this money. Growing up my family was sup…

Settlement money companies individuals often need their money faster than originally agreed upon in their settlement and aim to streamline the process to put cash in their pockets fast by buying some or all of their future structured settlement payments. What does it mean when a settlement company buys their future settlement payments? how is buying their settlements goin…

Won a settlement, but is the structure good? What the law firm told me is that we’re going to put it in a Trust Fund, structuring it like this: 400k upfront 1.1 mill in a trust fund: The trust fund will pay me: 2900 $ monthly 5000 $ each year 50.000 $ every 10 years ALL the options listed above are guaranteed for 40 years (EDIT ->) and at the end of 40 years I’ll still have the 1.1 in th…

Debt Settlement Advice My father in law had a stroke a few years back and can no longer work. While he was in the hospital his gf at the time ran up a $7k credit card bill on his card, he couldn’t pay it and it went to third party collections. They just sent him a settlement offer for $3k and I am curious the pros/cons of 1) taking them up on the $3k offer 2) negotiat…

Debt settlement question So I’m working on paying off my CC debts, but I want to know if it’s okay to take settlements aswell I have one for my Apple Card total balance 4.5k but I have a settlement amount for 2.2k I know that It will show on credit report as paid settled amount but I wanted to know your opinions weather I said pay in pull or take the settlement amount …

60k From Settlement (How to best use settlement money) Hello everyone, this is my first post here so I apologize if anything is wrong with the post. Anyways, a little over a year ago my (M34) gf (F27) and I got into a car accident while on our way to take our 1 year old (at the time) to his doctor’s appointment. About 2 minutes away we collided with a 17 year old who was at fault for the collision. …

Lawsuit settlement, how does paying the taxes work? Getting over $50k from a lawsuit from a car accident, they will be paying it in a few checks over a few months, how will I pay the taxes on it? does the car insurance company send me a tax form? what would I fill out when tax season comes? Im married, live in NY. submitted by /u/workusername00

Divorce settlement 40G Hello, small backstory: I’ve been a stay at home mom for 13 years, just starting out in the workforce after divorce and am currently unemployed after a job I attempted didn’t work out. My divorce was finalized earlier this year. I was awarded $40,000.00 that I should get at the end of this month. I calculated it out, my car, and credit card deb…

How to spend settlement money from lawsuit? For context, I am a (22F), single mom of a 1 and a half year old girl. She is my whole life and what makes me happiest. 🩷 When i was about 6 months pregnant with her, i suffered a psychotic break that caused me to become afraid of things my mind made up. I was diagnosed later on with severe paranoid schizophrenia. I had not been doing drugs or …

21 just won a $21k settlement 21 M just won a $21k settlement So got into really bad car crash wasn’t my fault blah blah Lawyer told me today 7-10 days I’ll have a check for $21k. I’m about to take a Roadtrip and live in my van traveling around the country with the $13k I have had saved up before quitting my job. I don’t think I’ll end up doing the whole country at once whe…

55k settlement from accident I am 29yr old getting a 55k settlement. What should I do other then paying off all debt which really isn’t much. I have good income every month own a towing business still rent an apartment but would like to use this money to purchase a home / use it as a down payment. Is saving this money for a year and adding to it so I can get up to atleast a…

Tucker Carlson Claims In Book Fox News Firing Was Part Of $787.5m Settlement – “They agreed to take me off the air, my show off the air, as a condition of the Dominion settlement,” submitted by /u/Neo2199

$57K settlement at 23. Now what? Hi, all. I’ve been recently granted a pretty hefty settlement from a case I was involved in about 10 years ago. Without going into details, the issue doesn’t badly affect me in the present day, so a lot of this money is just free flowing. I was never taught personal finance when I was a kid. It doesn’t help that my mother always believed me to b…