How long does it take to receive your lawsuit settlement check

in Personal-injury

If you are a member of the injured party and would want an out of court settlement, would surely do so and you would receive your pre settlement funding amount within the next 30 working days. This Plaintiff financing amount can be dispersed to you by any adverse parties or any Insurance company of any sorts who are capable of funding. If you don’t want to waste a single moment to act after the final verdict made by the judge in the eyes of law are entitled to receive this Plaintiff financing amount much earlier than the entire process to take its shape slowly and steadily with all different legal formalities. However, this way of dispersing payments is according to the rules books which may easily contain different exceptions also. These exceptions may be carried on as medical lien or pre settlement funding lien.

Once a lien gets attached with the final plaintiff financing amount, these plaintiffs would be entitled to receive the final settlement amount only when these liens gets removed. In case there is no lien attached and the road of receiving the final settlement amount is clear for the plaintiff, in that case the plaintiff would have to deposit the final documents needed by the attorney so that the final amount would quickly be dispersed to these plaintiffs. If you are a plaintiff you would also have to act in this similar fashion in order to get back your final settlement amount. The role of the adverse parties would also be prominent in paying you back your final settlement amount. Circumstances and past records have suggested that these adverse parties would ask for payment of these pre settlements funding amount in different checks after a regular interval of time rather than dispersing the whole at one shot.

These adverse parties would also suggest and decide upon any particular date of payment of these Plaintiff financing when there is no deduction or penalty charges would be deducted out of the final settlement amount.

Usually, these final settlement or pre settling funding check amounts are being paid to you in the form of check rather than cash. This is done because to get the clear indication from the plaintiffs like you that you agree with the final settlements. This final settlement amount is being received by these plaintiffs in front of their own lawyers. The lawyer would deduct his charges from this pre settling funding amount as per being agreed upon with his plaintiff according to their pre-existence terms and conditions.

These lawyers act on a contingency basis where these personal lawyers would be entitled to be paid only when the litigation process is successfully dealt with in your lawyers favor. As your lawyer is entitled to pay for the services he/she had rendered to you during the entire lawsuit case, the charges are being deducted from whatever mailing, filing, copying or publication fees your lawyer had rendered during the whole process in winning the entire lawsuit battle. The entire phase to judge the clarity of the contract by your personal lawyer would hardly take few days between five to thirty working days depending upon the completion of the entire process.

The entire legal process in takes an entire month or two and after that you can be sure enough to get your final settlement check from your lawyer. If your lawyer takes more than that in paying your Plaintiff financing check, consult with him/her now and ask for the delay!

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moore90carol has 69 articles online

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How long does it take to receive your lawsuit settlement check

This article was published on 2012/03/14