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One of my parents is currently a plantiff in a lawsuit that could potentially bring a large sum of money to the family (for legitimate damages). My question is, will a portion of the settlement have to be used to pay colleges? It is unlikely that we'll even get the money until a couple of years but the possibility of my EFC being messed up by a lawsuit is a bit terrifying.
Would a college be so callous as to expect a portion of a lawsuit settlement? Or would they understand that the family would want to use the lawsuit settlement to pay off whatever damages caused the lawsuit to be filed?