Q: When you get a personal injury settlement do you get all the money at once?
A: Yes, unless you agreed to some other term. In addition, you should receive a settlement statement from your attorney detailing all of the attorney's costs and the agreed upon fees related to your case. You should review that settlement statement carefully to make sure it matches with your understanding of what the settlement was described to you to be.
A:
It depends. The answer is usually yes, but sometimes parties agree to other terms. Also, sometimes a lawyer might need to hold back part of your settlement to cover any liens from doctors and insurance companies while they finish attempting to negotiate reductions in your medical liens. In several cases, I've paid part of a settlement to clients while finishing lien negotiations, as it can be a slow process, but it is important as it can substantially increase the amount of money a client receives in the settlement.
Most attorneys will provide you with a settlement statement to show you were all the settlement proceeds were allocated. Review this document carefully and be sure to discuss any questions you might have with your attorney.
I hope your case worked out well for you.
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.