How is an Injury Victim Paid After the Case is Won?
How is an Injury Victim Paid After the Case is Won?
Posted on behalf of Arnold Law Firm
on August 24, 2020 in Personal Injury Updated on February 24, 2022
When accident victims agree to a settlement for their injury claims, they are usually eager to receive funds and may have questions about that process. Will the insurance company pay you right away? Will you receive a check in the mail?
Below, learn more about how personal injury settlement proceeds are typically distributed and when you are likely to receive compensation. Your attorney will explain the factors that apply to your specific case.
How Settlement Proceeds Are Distributed
Before any funds are distributed, the plaintiff must sign a form that releases the at-fault party from any future claims for the same accident. The plaintiff’s attorney may also need to sign documents to dismiss any court action if the process was already started on behalf of the plaintiff.
After all necessary documents are distributed, signed and submitted, the compensation you won will be released to your attorney’s trust account. However, funds from the settlement cannot be released to you until all expenses related to your case have been paid.
Outstanding Medical Expenses
There may be outstanding medical expenses that are not covered by your health insurance policy that need to be paid before you receive your check. It may be possible to settle your bills for less than the full amount by negotiating with the insurance company or hospital.
Legal Fees and Costs
Before receiving your settlement funds, any attorney fees and litigation costs must be paid if you had legal representation. At the Arnold Law Firm, we work on contingency – which means you do not pay us for anything up front and we only get paid if we recover funds for you.
You may also need to reimburse your law firm for legal fees and court costs associated with your case before you receive payment. For example, your law firm may have fronted the cost of court filing fees or hired an industry expert to testify in support of your claim. Your health care provider may have also charged a fee for providing a copy of your medical records.
Your Compensation
Once your medical expenses, legal fees and any other expenses related to your case are paid for, your law firm will disburse the remaining funds to you. If there are special circumstances, such as a victim who is a minor, your attorney will explain any additional necessary procedures.
How Does The Disbursement Process Take?
The amount of time it takes to receive your compensation can vary because it depends upon multiple factors and entities, but most payments are processed within a few weeks. For instance, delays can result from waiting for the defendant’s insurance company to issue payment or communications about medical liens.
We Fight for Maximum Compensation for Our Clients
If you were injured in an accident and have questions about the personal injury litigation process, including how funds are disbursed, contact us at (916) 777-7777.
The Arnold Law Firm offers no-obligation, no-cost case evaluations and representation on contingency – we don’t get paid unless we obtain compensation for your claim. Our Sacramento personal injury lawyers are prepared to seek maximum compensation on your behalf, should you have a viable claim.
A face-to-face meeting is not required, so you can start and finish the process from the comfort and safety of your own home.
After a drunk driver hit me I wasn’t really sure what to do. A friend of mine Highly Recommended Arnold Law Firm, what a great recommendation it has been! The staff from lawyers to assistants has been nothing short of amazing. Always are calling and emailing me to update what is going on with your case. A very nerve racking thing to deal with personal injury and what comes from it. But with Arnold Law Firm you can rest knowing they are fighting for every inch for you. Need a law office? Look no further!
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The Arnold Law Firm has a proven track record of success fighting for their clients and I am very thankful to have them supporting me during a very challenging time. What I did not expect is the level of compassion, partnership, and trust Stephanie and the team strives to achieve in what could have been a purely transactional relationship.If you want to be treated like a person, not a number, and know someone is looking out for your best interests, then look no further.