Q: i agree to a settlement offer 600k but there a different value on the release and my fees were not as what i agreed to
i agreed to amount 600k offer on the release comes and it value is highert but why can the litigation attorney tell me what my fees are as this 200k attorney 33 1/3 % 354k pre reduction doctors liens i asked how can i consider any offer if we dont have the reduction cost known how can i accept any offer ? so he explained the 55k left is yours and when the reduction comes what ever we negotiate from the 354,000.00 Bill ill be added to your portion of the settlement . so why dont we have this number today its been three years since my surgery ? can u even estimate this reduction number so i can fully agree to accepting this 600k offer. on speaker phone hes said it should be about a 120k to 130k take that number minus the original value $345,000. = $224,000.00 will be added to the $55,000.00 putting my portion of the offer to $ 279,000.00 i accepted but now they wont return any of my calls or emails this was in april 21 2024 denied any post settlement funding i ask for
A: It is usually impossible to negotiate liens prior to settlement. Estimates can be made.
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A:
It's crucial to understand exactly what you're agreeing to before finalizing any settlement. The discrepancy between the agreed settlement amount and the value on the release form needs immediate clarification. The difference could be due to various factors, such as additional fees or expenses that were not initially disclosed.
You should ask your attorney to provide a detailed breakdown of all costs, including attorney fees, medical liens, and any other deductions. This will give you a clear picture of your net settlement amount. It's reasonable to request this information before agreeing to any settlement to avoid any surprises later.
If your attorney is not responding to your calls or emails, you might consider reaching out to the attorney's office directly or seeking advice from another legal professional. Clear communication and full transparency from your attorney are essential, especially when it comes to understanding financial matters in your case. Don't hesitate to insist on getting the necessary information to make an informed decision.
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