What does d/c settlement mean in my online bank statements?
Debit card settlement. When you use your debit card, the transaction is pre-authorized immediately, to make sure the fund are available. Those funds will later be deposited back into your account and the actual transaction (usually the same amount) and this is the "settlement". The only time the settlement is a different amount than the pre-authorization is if there was a tip added onto the charge at a restaurant, or extra charges at a hotel.
Should I accept a $500 settlement from an insurance company for a stiff neck suffered in a car accident?
Years ago my sister was involved in an auto accident. She suffered minor back pain almost immediately. The insurance company wanted to resolve the matter quickly. Too quickly. Months later, her back got worse and to this day she has been plagued by the injuries resulting from the accident. Countless visits to specialists make up a large part of her life now. My advice: Don't settle until you get fully cleared from a physician and consult a lawyer. Injuries from accidents may be masked and could arise much later as very serious in nature. This is not to bleed the insurance companies. It's to make sure you are not hung out to dry.
My lawyer is asking for a 40000 $ settlement in a car accident case for me and he is supposed to get 33 1/3 %?
This question can only be answered by the contract your signed. But based on what you said in your question, at 40,000 the lawyer would get approx. $13,400 and you would get about $26,600. OF NOTE: If the contract says you have to pay medical out of the settlement depending on the contract, the state and a few other fine tuned things, the lawyer can take his $13K, then you have to pay the bills out of your share of the settlement. Also of note, you have to pay for the little things, filings, postage, witnesses. Hope this helps
My car is totaled?
I got into a bad accident yesterday and my car is unfixable and totaled sitting at the pound. The other driver hit me and he made me hit two more cars. Long story short I'm still making payments on my car , so what's exactly going to happen now ? What will happen with my payments and my insurance? I have about $13,000 left to pay off my car ( now I'm without a car and still with a big car note) ... wI'll I get any help from my insurance or the bank ?
What do people mean by the phrase '10 cents on the dollar'?
It means that I’ll settle a debt, or buy a debt, at 10cents per dollar.E.g., you owe me $10,000, and offer to pay $1000 to settle it.It’s how debt collectors make their money - you owe company X $5000, the debt collector pays company X $500 (10 cents on the dollar) and takes over the debt. They then try to collect the full amount - anything they collect over $500 is profit.
How do you sign a check over to someone else?
Firstly, you need a Cheque Book.Secondly, you have enough funds in the account.Thirdly, you need a pen to write.Fourthly, you need to know the payee's name(First and Surnames unless you write the cheque to a business).And finally you need to sign it as a proof of your authority.As simple as that, as long as you adhere to the procedures I outlined above.