At CAC Services, we take extensive measures to ensure that we can protect our clients from malice during the settlement distribution process.
We have implemented internal procedures to provide quality, accountability and a secure check printing environment. Our banking affiliations give settlement payments the highest level of fraud protection in the industry and give you piece of mind that your entire settlement fund is federally insured.
Our Settlement Distribution Services include:
- Establishment of a Qualified Settlement Fund (QSF)
- Verification of claimants & distribution amounts
- Preparation & distribution of settlement checks, coupons or vouchers
- Reconciliation of distributed amounts
- Performing tax calculations, payroll withholding and tax reporting
- Providing W2/1099 forms to claimants and IRS
- Filing settlement fund tax reports