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What is a final settlement statement, and what do I agree to? | NC

Pierce Law Group

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Q: What is a final settlement statement, and what am I agreeing to when I sign it? A: A final settlement statement—sometimes called a closing statement or disbursement statement—is a written breakdown of exactly how the settlement money will be paid out. It usually shows the total settlement amount… then subtracts attorney’s fees and case costs… lists any payments to lienholders or other third…

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