Hi. I was involved involved in a car accident in 2008 in NY. We, my PI attorney, the liable party's insurer, & I, reached a settlement agreement & I signed the release 5 wks ago, going on 6 wks now. When I asked my attorney how long does this part take (receiving the check, waiting for it to clear,etc) he stated about a month. I do have 3 liens (disability & 2 medical). I don't want to appear greedy or pushy but is it ok to call now & ask when will I receive my check or should I continue to wait?How long? How long does it "generally" take to contact medical providers, negotiate what is owed to them & do I have to wait for their checks to be issued as well? Also, do health insurance companies notify policyholder holders if they are placing a lien on a settlement?
The more liens there are to negotiate, the longer it can take to complete a settlement. Getting the check from the insurance company typically takes 30 days or less, but negotiating multiple outstanding liens can take longer depending on how hard the lienholders want to bargain. A good attorney will try to negotiate the liens to get you as favorable a resolution of the liens as possible. Unfortunately, depending on who the lienholders are.
Get free answers from experienced attorneys.
24,607 answers this week
2,554 attorneys answering
Don't speak legalese? We define thousands of terms in plain English.Browse our legal dictionary