The resolution of your case is one of the first thoughts that come to mind after settling your injury case. However, the answer depends on several factors and can vary widely depending on the defendant’s insurance company. Some of the variables involved in the length of your settlement include:
~Terms of the defendant’s insurance policy and the company’s internal processing protocols
~Type of injury case
~Timing and terms of release forms (a mutually agreeable release may take time to negotiate and draft)
~Other potential delays like paying any liens you may owe, medical bills, and attorneys’ fees (often the check will remain in your lawyer’s trust account for several days)
There are some things you can do to help speed up the settlement process. Once you are close to settling, your attorney may start drafting a release in preparation for settlement. Also, your attorney will provide a settlement statement that fully describes how much money is allocated to your medical providers, the costs of the case, and attorney fees.
Please contact AJ Law Practice for a consultation to discuss your injury claim and the settlement process.