How Long It Takes To Get Settlement Cheque?
The time it takes to get your settlement check depends on which insurance company you’re dealing with, whether they’ve used an independent adjuster, what time of year it is, and where you live. Trying to close your claim with an independent adjuster in December, may cause the longest wait. That said, the delay should only be around two weeks.
If you’ve hired a lawyer, it’s common practice for the settlement check and a release form to be sent in one package to the lawyer’s office. The funds are then processed through the trust account and a cheque is cut to the client for the remainder after fees in exchange for a signed release form.
If you have settled a case on your own, as opposed to hiring a lawyer, it’s likely that a release has been sent to you to sign and return to the insurance company or their independent adjuster before the settlement cheque is sent to the injury victim. Once you return the release to the insurance adjuster, the settlement cheque is sent to you. If you have not received your settlement funds within two weeks or at least heard from the insurance company regarding the status of the closing paperwork, you should contact the insurance adjuster, as it may be that your contact person is on vacation, or that there’s some issue with the address on file.
NOVA Injury Law is a personal injury firm located in Nova Scotia, that handles personal injury claims stemming from car accidents, slip and falls, and other types of injuries. If you have questions about your legal rights and are considering a settlement offer from an insurance adjuster, do contact us for a free consultation. Many eventual clients of NOVA Injury Law first had a settlement offer made by an insurance adjuster. They called our firm seeking legal information, and to learn more about their rights. After a free consultation with Jeff Mitchell, many injury victims realize that the compensation offered may not be adequate based on their injuries and the impact of the injuries on their life. If this is the case for you or your loved one, you may well be better off to hire an experienced personal injury lawyer to advance your case, which may result in higher levels of compensation.
Contact NOVA Injury Law today to arrange your free consultation with Jeff Mitchell. The free consultation process is a no-risk, friendly, and helpful process that will leave with more information and confidence about your injury claim and legal rights.
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Jeff Mitchell is an experienced personal injury lawyer dedicated to representing car accident injury victims. With free consultation and no win, no legal fee agreements, there is no downside to speaking with us about your claim! Call us today: 902.442.8853