What is a settlement demand letter?

A settlement demand letter is a document sent to an opposing party in a lawsuit, typically the defendant, in which the plaintiff outlines a specific amount of money to settle the case. In North Carolina, this letter is usually sent after negotiations have broken down between the two parties in an effort to avoid a court case. The letter outlines the specifics of the case, the damages that have been suffered, and the amount of compensation that the plaintiff is seeking. To be legally binding, the defendant must sign and return the demand letter with their agreement. If the defendant does not respond or refuses to accept the settlement demand, the plaintiff may choose to proceed with the lawsuit. Most North Carolina demand letters include a deadline for the defendant to respond to the offer. If the defendant does not reply in time, the plaintiff may be entitled to further compensation or the case may be brought before the court to decide. It is important for those involved in a lawsuit to understand the purpose and importance of a settlement demand letter. Such letters may be the beginning of a successful legal process that results in a fair resolution that meets the needs of both parties.

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What is a settlement demand letter?

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