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Final settlement often refers to a settlement agreement, which is an agreement to some resolution of the dispute and to stop future litigation.Final settlements may also refer to the satisfaction and closing of a debt or business account after a final payment.

Once a Marital Settlement Agreement is drafted, signed by the parties and file stamped by the Court, this becomes the Judgment in the case. The orders contained within the Judgment are enforceable by law enforcement as well as the family court.

Any amount of money agreed to in a Compromise and Release will be paid out within 30 days of the settlement.

Full and final settlement means a model in which a consumer credit firm holds money on behalf of its customer and does not distribute that money promptly to creditors, but instead retains the money pending negotiation of a settlement with the customer's creditors; Sample 1.

A settlement agreement is a type of legal contract that helps to resolve disputes among parties by coming to a mutual agreement on the terms. Primarily used in civil law matters, the settlement agreement acts as a legally binding contract. Both parties agree to the judgment's outcome in advance.

Legally, no in fact the court rules and rules of evidence encourage parties to settle matters whenever possible, and neither offers of settlement nor actual settlements themselves are admissible as evidence of guilt or wrongdoing.

After a case is settled, meaning that the case did not go to trial, the attorneys receive the settlement funds, prepare a final closing statement, and give the money to their clients. Once the attorney gets the settlement check, the clients will also receive their balance check.