How Long Does It Take to Receive Settlement Money from a Lawsuit in Florida?
When litigating a personal injury lawsuit or a similar suit, it is normal for a plaintiff to be concerned about when the case will be resolved, and settlement compensation will be distributed. There are a number of factors that can impact how long it will take to recover settlement money. However, an experienced attorney may help you get your compensation faster. If you need help recovering settlement money in a lawsuit, you should consult with an experienced Miami car accident lawyer as soon as possible. The Law Offices of Prosper Shaked is here to help you expedite settlement money from your personal injury case. Our firm is here to explain how long it takes to receive settlement money from a lawsuit in Florida.
Length of Time to Receive Settlement Money from a Lawsuit in Florida
If you were injured due to the negligence of another person or entity, it is reasonable to expect the negligent party to compensate you for your injuries and other expenses caused in the accident. To avoid litigating a personal injury lawsuit in court, a defendant may elect to negotiate a settlement deal with the plaintiff. However, there are a number of factors to be considered when negotiating a settlement that could impact when settlement funds are disbursed.
It is important to note that there is no way to accurately predict when a victim will receive settlement money from a personal injury lawsuit. However, there are some factors that can help a plaintiff narrow down how long it will take to receive settlement money.
Insurance Company Takes Long to Process the Settlement
The insurance company adjuster assigned to your case will play some role in determining when your settlement is disbursed. For example, if the adjuster has a heavy workload, this could mean it may be weeks before they process your case. Alternatively, the insurance company itself may have a long and tedious process for paying out settlements.
If you have no news from the insurance company regarding how long it will take to move your case forward, you should voice this concern to your attorney. Your attorney can contact the insurance company on your behalf to attempt to expedite the settlement disbursement.
Your Lawyer is Responding to Liens on the Settlement
After a settlement is processed by the insurance company, you may have multiple liens asserted against the settlement. These liens could be for medical expenses, attorney’s fees, or other expenses that arose from the personal injury case. Once these liens are paid off by your attorney, you will be one step closer to receiving compensation.
Mailing Delay of the Settlement Check
There could also be a mailing delay for your settlement check. It would be best to speak with your lawyer regarding any delays if you require the settlement funds to pay off expenses.
There are other circumstances that can affect whether a plaintiff will receive their settlement on time. In some cases, a plaintiff may receive their settlement within four to six weeks of the settlement agreement. However, the above factors and other factors could lead to delays that could add more time into the processing and disbursement of the settlement.
To learn more about the types of lawsuits our firm can help you resolve, you should speak with our dedicated Miami personal injury attorney today.
Common Personal Injury Settlements Our Firm Can Help You Resolve in Florida
The Law Offices of Prosper Shaked litigate a wide range of personal injury cases throughout the State of Florida. The following are some types of personal injury cases we can help you resolve whether you wish to file a lawsuit or settle your case.
Car Accident Lawsuit
Car accidents can occur under a variety of circumstances. It is important to analyze the circumstances of an accident when negotiating a settlement. For example, if there is evidence that you were partly responsible for the accident, this could affect your chances of recovering compensation for the accident. Alternatively, we can also help you file a lawsuit against a reckless driver that caused your injuries.
Construction accidents often result in devastating or fatal injuries for workers. We understand the burden of dealing with a personal injury case after a serious construction accident, and we are here to here to address your concerns.
Birth injuries are significant incidents that can affect a whole family from an injured child to the parents of the newborn. That is why it is important to seek compensation against a negligent medical practitioner that caused your child’s injuries.
There are many other types of cases our firm can help you litigate. We would be honored to help you with your Florida personal injury case.
Work with Our Experienced Florida Personal Injury Attorney to Discuss Your Settlement
If you or a family member was injured in an accident in Florida, you should consult with an experienced Miami Gardens personal injury lawyer as soon as possible. Personal injury lawyer Prosper Shaked has a wealth of experience litigating a broad range of cases in the State of Florida, and he would welcome the opportunity to represent you. To schedule a free legal consultation to discuss your potential lawsuit, contact the Law Offices of Prosper Shaked at (305) 694-2676. You may also contact the firm online.