Q: If your settlement is 100,000 and you pay 1/3 percent and 2/3 percent out of the 100,000 how much should be left.
A:
This is something you need to discuss with your attorney in Louisiana, but your post remains open for a week. If your settlement is $100,000 and you pay 1/3 (presumably for attorney fees), the remainder would 2/3 of $100,000, or $66-plus thousand dollars. But you really need to speak to your attorney instead of going by the simple arithmetic of someone here who knows nothing about your case. Your attorney can explain to you that before funds are released to you, out-of-pocket disbursements (court filing fees, process server fees, etc.) must be deducted. Also, if you have any liens (for instance, medical providers who agreed to treat you upon assurances they would be paid upon settlement of your case), those need to be satisfied. That's why you should speak with your attorney - there's probably a lot more to a $100,000 case than simply dividing by thirds. Good luck
Tim Akpinar
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.
