Violation of Settlement Agreement
A settlement agreement is a contract between parties of a lawsuit or other dispute that sums up the negotiated resolution of a case. A settlement agreement is used in all types of cases, from divorces to personal injury proceedings. A procedure exists if the settlement agreement is violated.
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Breach of Contract
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A violation of a settlement agreement is, technically, a breach of contract. The victim of a breach can sue the party that violated the agreement.
Time Frame
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The statute of limitations for a breach of contract governs the time frame in which a lawsuit for violation of a settlement agreement must be filed. The deadline varies from one state to another, but typically is two or three years.
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Effects
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The person who breached the contract is the one who pays for the attorney fees and other costs associated with a claim or lawsuit filed by the other party.
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References
Resources
- Photo Credit Hand and document at the meeting image by Dmitry Goygel-Sokol from Fotolia.com
