Settlement agreements are highly effective instruments for preventing costly litigation between opposing parties. Vann Legal can assist with drafting and negotiating a settlement agreement that aligns with your goals and objectives. Once executed, a settlement agreement becomes an enforceable and legally binding contract applicable in all civil litigation, including divorce, custody, or debt collections.

  

In divorce proceedings, settlement agreements address matters such as child custody, visitation, alimony, property division, payment of debts, and equitable distribution of retirement and investment accounts. 

  

In debt collection cases, settlement agreements provide businesses with an avenue to recover funds owed while offering debtors time to make payments. Financial distress among debtors often results from job loss, illness, divorce, or separation. A settlement agreement can suspend litigation and enable debtors to make payments, ensuring the recovery of monies owed without incurring additional fees associated with collecting judgments. Vann Legal will assist you in reaching a settlement agreement that establishes fair terms, allowing you to focus on your business rather than pursuing payment.