Florida Stipulation For Installment Settlement And Stay On Order Approving Stipulation is an agreement between parties to resolve a dispute or claim over a debt, in which the debtor agrees to pay the creditor in installments over a period of time. This type of settlement is often used when an individual or business is unable to pay off the full debt at once. The stipulation outlines the payment terms, including the amount of each installment, the payment due dates, and any applicable fees or charges. The stipulation also outlines the order approving the stipulation and any applicable stay on the order. There are two types of Florida Stipulation For Installment Settlement And Stay On Order Approving Stipulation: 1. Summary Stipulation: The summary stipulation is used when parties agree to resolve the dispute or claim without the need for further evidence or argument. The summary stipulation outlines the payment terms and any applicable fees or charges, as well as the order approving the stipulation and any applicable stay on the order. 2. Contested Stipulation: The contested stipulation is used when parties do not agree on the terms of the settlement and require further evidence or argument. The contested stipulation outlines the payment terms and any applicable fees or charges, as well as the order approving the stipulation and any applicable stay on the order. It also outlines the procedure for resolving any disputes or claims.