How long do I have to pay a car accident settlement? Can I make monthly payments?

Asked over 1 year ago - Tampa, FL

My insurance is covering their car damages but not their medical bills and now I have a settlement being filed against me and don't have the money to pay it

Attorney answers (4)

  1. Scott W. Leeds

    Pro

    Contributor Level 9

    10

    Lawyers agree

    Answered . From your question, it sounds like you were at fault for an accident and you or your representative entered into a settlement or you were assessed damages by a court. Absent consulting with a bankruptcy lawyer, the best approach to resolving obligations is to contact the party or party's attorney who you owe money to and work out some form of payment agreement. If the obligation is from a court judgment against you, I suggest speaking with an attorney or your insurance representative for guidance.

  2. Clifford M. Miller

    Pro

    Contributor Level 18

    9

    Lawyers agree

    Answered . There is no set time, it depends what you agreed to. Call the other lawyer and talk about it. Or, better yet, retain your own lawyer to do so.

    This is a summary based on incomplete facts. You should not rely on it as legal advise. No attorney-client... more
  3. Fadi Chakour

    Contributor Level 12

    8

    Lawyers agree

    Answered . Your question is not clear. What do you mean by a “settlement filed against” you? Is the injured party after you in person? Did he/she not release you when he settled with the insurance company? I need more info to answer your question.

    Attorney Fadi Chakour, M.D., J.D. My consultation is free. Call me on my cell phone (904)612-0586.
  4. Christian K. Lassen II

    Pro

    Contributor Level 20

    8

    Lawyers agree

    Answered . Work out a payment plan that you both can live with.

    Only 29% Contingency Fee! Phone: 215-510-6755 www.InjuryLawyerPhiladelphia.com

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