Personal Injury Settlement Checks: Understanding Potential Delays

The successful resolution of a personal injury claim whether by a judge rendering judgment in your favor or a long fought-out settlement as the end of negotiations with the other party’s counsel or insurance company brings with it much-need relief that can seem as if all is right in the world once more. You can finally breathe and put your feet up, knowing that you prevailed, and that justice has provided you with favor.
However, what most injured individuals don’t realize is that the journey isn’t officially over because of that pesky thing called payout timeline. While the law can be effective at delivering justice, it can also be slow and inefficient when it comes to ensuring a payout is enforced or completed, sometimes for weeks at a time. You may have medical bills piling up, and may be behind on your rent and utilities, and may even be at home missing out on work wages on account of your injuries.
You may start to panic and may even ask yourself – “when am I going to receive my personal injury settlement or judgment?” The answer to this prickly question depends on a number of factors that we’ll take a look at shortly, but before we do, it is important to note that you are entitled to a judgment or settlement as long as you were able to prove that the other party had a duty of care to keep you safe, they breached this duty by acting in a manner that could be deemed as negligent, thereby leading you to suffer injuries that can be quantified by way of damages.
At McCready Law, we fight hard for our injured clients, and we take on cases countrywide as we believe no-one should ever have to suffer harm or injustice and that those who mete it out must be made to answer via the long arm of the law – read on to find out how exactly we can get you the compensation you deserve in a timely manner.
What Sets Our Injury Law Firm Apart
Are you looking for the best injury attorney? Please call us NOW at (314) 481-63338 to learn more about your legal options for justice and compensation. The experienced injury lawyers at McCready Law have collectively garnered over 90 years of stellar legal experience where we’ve helped tens of thousands of injured Americans across the country and from all socioeconomic backgrounds receive compensation after falling victim to the negligent actions of other individuals or large corporations. Thanks to our dedication and passion, we have been able to recover over $260 million for our clients to date, and this number keeps on growing with each passing year, with some of the settlements or judgments we’ve won for our clients rising to the hundreds of thousands of dollars, and in the case of loss of life and permanent disability, millions of dollars.
Certain factors can be attributed to our success as a law firm for instance – we personally handle all claims and do not shunt them over to paralegals or legal assistants which is a common practice in most law firms that usually jeopardizes claims due to the lack of experience and competence displayed by these legal professions. In addition, we engage top experts in the medical, forensic science, engineering and other fields in order to build an impenetrable case replete with evidence demonstrating negligence and will spare no expense to do so.
We run a bilingual firm (hablamos Español), have nationwide reach thanks to our trusted and vast network of referral attorneys and law firms, and we take on all cases on contingency fee basis, which simply means that there are ZERO UPFRONT FEES for the duration of the processing of your claim, as we only levy our fees at the end of the suit, and only if we’ve recovered compensation on your behalf. If you or a loved one suffered injury due to someone else’s negligence, don’t hesitate: call us NOW at (314) 481-63338 to learn more about your legal options for justice and compensation – our intake team is standing by.
Why Your Personal Injury Payout May Be Delayed
Here are some of the factors that may lead to delays in receiving your personal injury judgment or settlement funds:
Liens Resolution
Various entities usually have a claim or lien against your settlement or judgment due to services rendered and must be paid out of your proceeds before you receive your share. These liens can include things like medical liens via your health insurance that must be reimbursed for the medical care they paid for on your behalf.
In addition, individual medical providers and hospitals may have their own liens and had an understanding with you that they will be paid out of your settlement. Lastly, if you received benefits from Medicare or Medicaid, these entities are also entitled to some of your funds for the services they provided relating to your injuries.
Insurance Company Processing and Paperwork
Once a judgment is finalized or settlement reached, the insurance company meant to pay you for the damages you sustained must process paperwork in order to release the funds. This process may be fraught with delays due to things like internal review processes, paperwork backlogs, coordination with other insurance carriers and so on, all of which may take a few weeks or even months to resolve, depending on the speed with which other departments work or their efficiency.
Best Countrywide Injury Lawyers – Call Us Today!
Last but not least, court approval in certain cases may take a while due to formalities that must be followed especially in cases involving minors, incapacitated individuals or class action lawsuits. At the end of the day however, working with our law firm will ensure that your settlement or judgment moves down the pipeline in an efficient manner – we will push for your settlement to be released by remaining in constant contact with the insurance company, reach out to medical providers and work out the details of the liens even when your claim is being adjudicated and ensure all paperwork is filed in an efficient manner from your end.
Need extra assistance? Please call us NOW at (314) 481-63338 to learn more about your legal options for justice and compensation; remember, the call is 100% FREE, and there is no legal obligation. Thanks for choosing McCready Law, and we look forward to helping you.