Superfund Settlements

In 1980, Congress enacted the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA). This law was designed to ensure that polluted or environmentally damaged land was cleaned up and made safe and habitable once again. These lands are referred to as Superfund sites, after the fund that the federal government maintains to help clean the sites up. CERCLA states that those who are living on polluted land but are not responsible for the pollution have two courses of action:

  1. They can sue those responsible (previous tenants/owners) to force a clean-up.
  2. They can clean the site up themselves and sue for reimbursement for clean-up costs.

Generally, if clean-up by current but non-responsible tenants has gone according to regulation and previous owners of the land have been found to be responsible for the pollution, settlements or damages are awarded to reimburse the current owners. Often, this money comes in the form of structured settlements, which you can have converted to a lump sum if you find the a willing financial entity to purchase it from you.

How can I find out more information?

When you request your free no obligation structured settlement quote you will have the chance to learn even more about your options and speak with a licensed local structured settlement professional in your area... Take me There

Points of Interest

The Risk and Insurance Management Society is a proactive voice on behalf of risk managers, dedicated to supporting their function and enhancing their profile as vital elements in organizational success. Founded in 1950, RIMS represents nearly 4,800 industrial, service, nonprofit, charitable, and governmental entities.

How can I find out more information?

When you request your free no obligation structured settlement quote you will have the chance to learn even more about your options and speak with a licensed local structured settlement professional in your area... Take me There

Points of Interest