Net Settlement Fund
The money available for distribution after the deductions specified in a settlement agreement and court orders.
Claim Blog
Class action settlements, deadlines, and how to actually get paid.
Residual Funds
Money remaining after a settlement's approved claims, costs, fees, and other required distributions have been handled.
Virtual Card
A digital payment card that provides access to a prepaid settlement or refund balance without a physical card.
1099-MISC
An IRS information return used to report certain miscellaneous payments, including some nonwage settlement proceeds, to the recipient and the IRS.
W-9
An IRS form that gives a payer the legal name and taxpayer identification number needed for certain federal information reporting.
Documented Loss
Learn what a documented loss means in a settlement claim, which records may support it, and why payment rules differ from one…
Out-of-Pocket Losses
Learn what out-of-pocket losses mean in settlement claims, which expenses may qualify, what proof may be required, and why each notice controls.
Settlement Tiers
Learn how settlement tiers divide benefits by eligibility or proof and why each settlement's official documents determine the available payment levels.
Service Award (Incentive Award)
Learn what a class action service award is, why courts scrutinize it, how it differs from class payments, and why availability varies.
Lost Time Payment (Time Spent)
A lost time payment, sometimes called time spent compensation, is a settlement benefit that may reimburse eligible class members for reasonable time…