From the moment your claim is resolved, you can often expect to receive the settlement money within a few weeks. While most Personal Injury Attorney in Camden SC compensation checks arrive approximately six weeks after the settlement date, several other factors can delay your payment. In most cases, your Personal Injury Attorney in Camden SC will be able to guide you through the process and keep you informed about the status of your agreement. Reaching an agreement after a deposition can take days, weeks, or months. The time period for receiving, reviewing and accepting a settlement offer depends on the facts related to your case.
Sometimes, legal problems arise that prevent the plaintiff and the defendant or their insurance company from reaching an agreement. Or your case may go to trial. If you have a case pending in litigation, it could take a year or more before it is resolved and you receive financial compensation. For a free consultation regarding the prospects and time to reach a settlement in your case, contact an experienced personal injury attorney today. For example, it's common for courts to review agreements made on behalf of minors who have suffered a personal injury, to ensure that the terms of the agreement serve the child's interests.
Your lawyer may also have agreed to pay for the costs of processing your case, subject to the reimbursement of any settlement. In other words, your case is not officially resolved when your lawyer and the other party agree on the terms of the agreement through an email phone call. Negotiations may involve back-and-forth communication between your lawyer and the other party's representative, in which each party submits and responds to offers of settlement. Experienced personal injury attorneys know how to advise their clients on the advantages and disadvantages of structured agreements compared to lump sums. If a responsible party or your insurance company doesn't make a settlement offer, there's nothing you and your lawyer can review.
Most people waiting for a personal injury settlement want to know if their other debts will affect the amount of their recovery. This time frame is different for each case and may be longer depending on your bank's payment agreement and deposit policies. You can expect your attorney to keep you informed of any issues that may delay filing the written agreement. If you have questions about the terms of your settlement agreement, your injury attorney can explain the different clauses and how they affect your claim. They can manage each stage of the agreement efficiently to speed up the process and seek timely compensation for their expenses.
Whether you think your check has been unduly delayed or you have any other questions, a personal injury attorney will ensure that you receive the funds from your settlement as soon as possible.