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Goldstein and Bashner

My lawyer just settled with the insurance company. How long will it take for me to get my money?

It generally takes about a month for you to receive your check. After the settlement is made, you will be asked to sign a release form, which is a document that officially settles your claim. It states that you forever give up your right to sue the person, company or municipality that was responsible for your injuries in exchange for the sum of the settlement.

Once this release form is signed and delivered, the insurance company must have the settlement check to your lawyer within 21 days if the defendant is an individual or company, and 90 days if the defendant is a municipality, such as public transit, a school, a town or county.  

After your lawyer receives the check, however, there may be other variables that hold up your settlement. Your lawyer will need to pay any liens that are owed and based on this injury. After the lawyer has finished paying off your liens and deducted his or her own fees and out-of-pocket expenses, then you will receive your check.

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