What is a fair settlement

by Skooter » Sat Feb 28, 2009 09:15 pm

What is a fair settlement without contacting legal council

Total Comments: 7

Posted: Sat Feb 28, 2009 10:02 pm Post Subject:

One that is "Moderately good" (as given by the definition of "fair")

Posted: Sat Feb 28, 2009 10:04 pm Post Subject:

A fait settlement can only be decided by you. Its what value you place on the pain and suffering you went through. Not only that there is not much onformation here to go on.

Posted: Sat Feb 28, 2009 10:15 pm Post Subject:

Skooter, what kind of claim is this? There are online resources that you can use as a guide for certain types of claims.

For example, if you are asking about a fair settlement for a totaled car, you can start with kbb.com to get an estimate of the value of car. This is not the final answer, of course, because there are so many factors that go into it; but it is a good starting point.

If you are asking about medical claims, it can get much more complicated.

Posted: Sun Mar 01, 2009 06:52 pm Post Subject:

When you contact legal parties..eighter of the parties need to pay the damages. Fair Settlement is somewhat a private settlement made between the parties over the concerned problem, where Win-win situation for both the parties is created on mutual grounds.

Posted: Mon Mar 02, 2009 08:21 am Post Subject:

With the information provided..... $1.00... give or take $1.00.

Posted: Mon Mar 02, 2009 10:01 am Post Subject:

I agree with what you have said regarding mutual agreement. However, its not clear from the OP's post upon which she needs the suggestions. Without details this discussion is going no where. Hence, we all need for the original poster to come back and follow-up with more information.

Posted: Mon Mar 02, 2009 02:12 pm Post Subject:

When you contact legal parties , it would take some time to go throght the procedural formalities. So you may choose to settle the claims without contacting legal parties.
When you contact legal parties..eighter of the parties need to pay the damages. Fair Settlement is somewhat a private settlement made between the parties over the concerned problem, where Win-win situation for both the parties is created on mutual grounds.

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