What Is a Structured Settlement and Should You Choose One?

With a structured settlement, you receive your personal injury settlement or lawsuit award over time instead of in a lump sum.

Personal injury plaintiffs who win or settle their cases can often choose to take their winnings as a one-time lump sum or as a series of payments over a period of time. This series of payments is called a structured settlement. Whether you should opt for a lump sum payment or a structured settlement will depend on many factors, including your tax liability, how you plan to spend the money, and whether you need assistance in managing a large sum of money.

Below you can learn how a structured settlement works and review some of the things you should consider when deciding to take a structured settlement or a lump sum payment if you win or settle your lawsuit.

Real Estate Mortgage Lending - Mortgage loan

Mortgage loan

This article is about real estate mortgage lending. For mortgages in general and their legal structure, see Mortgage law. For mortgage loans secured on ships, see Ship mortgage. For other uses, see Mortgage (disambiguation).

A mortgage loan, also referred to as a mortgage, is used by purchasers of real property to raise funds to buy real estate; by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged. The loan is "secured" on the borrower's property. This means that a legal mechanism is put in place which allows the lender to take possession and sell the secured property ("foreclosure" or "repossession") to pay off the loan in the event that the borrower defaults on the loan or otherwise fails to abide by its terms. The word mortgage is