Missouri Stipulation for Compromise Settlement is a type of agreement that can be used to settle a dispute between two or more parties. It is a contract between the parties that outlines the terms and conditions of the settlement, such as the amount of money to be paid, the date of payment, and any other terms that were agreed upon. This type of settlement is typically used in civil disputes but can also be used in criminal cases. The two main types of Missouri Stipulation for Compromise Settlement are: 1. Voluntary Settlement: This type of settlement is agreed upon by both parties and is usually reached through negotiation. The terms of the settlement and any other conditions must be agreed upon by both parties for it to be valid. 2. Court-Ordered Settlement: This type of settlement is ordered by the court and is typically used in cases where one party does not agree to a voluntary settlement. The terms of the settlement are usually part of the court's order. Both types of Missouri Stipulation for Compromise Settlement can be used as an alternative to going to trial, which can be time-consuming and expensive.