When should I expect to receive my settlement check?

by Jason
(Chicago, IL)

I received a settlement offer for a work related injury and signed the release on May 10, 2010. I sent the papers to my lawyer who then sent them to the insurance company to sign and cut a check.

The amount is only a little over $6,000 so why is this taking so long? The insurance company offered the amount and we accepted. It is now June 08, 2010. When should I expect to receive payment?

I've never been through something like this before so I don't know the whole process of why it takes so long. Can you please help?

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When should I expect to receive my settlement check?

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Chain of Command
by: Law Lady

Well, as a rule of thumb, it would be reasonable to expect a check within 2-3 weeks, but before you worry, I would check a few things:

1. Find out when the lawyer sent in the release. While you may have signed it on one day, it may not have gotten to the adjuster for a period of time thereafter.

2. Find out whether the insurance adjuster needed the release in hand before cutting a check. Many adjusters will send a check if less than, say $10,000.00 in anticipation of receiving a release while others will wait to receive it first and THEN cut the check.

3. Lastly, find out if the checks are cut from a different office. I have worked on numerous cases where I was dealing with an adjuster in one state, but the settlement drafts and releases were handled from a different office, often in yet another state.

When it comes to settling cases, there is often a huge paper trail requiring several different parties. Talk to your lawyer about the items above and ask him/her to call for status.

If you get to the point of 4-5 weeks without a check, you may need to speak to the adjuster's supervisor.

Hope this helps.

How many releases do have to sign?
by: Anonymous

How many releases do I sign once I sign the release to settle?

Were is my money?
by: JC

I signed the release forms on September 6, 2012 at the court waiting room with the interpreter, no attorney or witness was around. Today is October 15 and I still haven't received the check.

I called the attorney for the 3rd time to ask about the check. But they wouldn't answer the phone. I need medicine and money to pay bills and fix the car, but they tell me I can't use that money except for medical costs or medications. I don't know what to do.

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