One of the questions that people always ask at the first consultation regarding their personal injury lawsuit is about the settlement. When will they get paid? And when they do, how much money will they receive? It is understandable that people want to collect a settlement as soon as possible because they have mounting medical bills and may not be able to work due to their injuries. They may even have to hire someone to do work around their house, which can become costly as well.
While we understand the urgency in receiving your settlement and want to win your case as soon as possible so you can have that, you must understand that legal matters take time, especially those regarding personal injury matters. When a person agrees to settle, the insurance company has 21 days to issue a check from the date in which they were served with a proper release. A proper release means that the injured person who filed the suit can not make another personal injury claim against the party they are bringing a suit again. The check will be deposited into your attorney’s escrow account. Then, when the funds become available, your attorney will write a check to themselves to cover their fees. This is also the time in which you will receive your check. It is important to note that if you have any other expenses related to the lawsuit, it will come out of this part of the settlement as well.
If you require strong legal assistance for a personal injury matter, contact an experienced attorney today.
Contact the Law Office of Raji S. Zeidan, P.C. today to schedule a consultation if you are in need of strong legal representation for any of your criminal defense and personal injury matters.