In New York settlement checks are generally required to be sent within 21 days of settlement. Not sure if CA has a similar rule. Most law firms have the check made out to the firm and the individual, but if you have an issue with that practice, then you should ask your lawyer to handle it a different way.
Generally, the insurance check is payable to both you and your attorney. The attorney should then go over an accounting with you and disburse the settlement funds (less attorneys' fees, costs, and medical expenses) to you.
A carrier will list both you and the attorney on the draft. Also, the carrier will directly send a letter to your last known address advising you of the settlement and/or mailing of the draft .
Ins settlement checks are normally made payable to the atty and the client jointly. The atty usually deposits the funds in the client trust account the bar requires, and then when it clears, disbursements can be made. Out of stae checks are normally used by ins cos, so they take longer to clear. If there are liens etc that must be negiptiated and or paid, that can hold up disbursements.
Personal injury cases only; I'm good at it; you be the Judge! All information provided is for informational and educational purposes only. No attorney client relationship has been formed or should be inferred. Please speak with a local and qualified attorney. I truly wish you and those close to you all the best. Jeff www.nyelderinjurylaw.com
the check will go to your attorney. It may or may not have your name. The check will then go through your attorneys client trust account, then be disbursed by the attorney according to your agreement with the attorney
This is a very common thing. Once the settlement check is endorsed by you and your attorney, it will be negotiated with the bank. Your attorney will typically set an appointment with you to come into the office and he/she will go over a breakdown with you. That breakdown will list the gross settlement, the attorneys, fees, all liens and expenses that have been deducted and then the final payout to you.
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The check is generally made out to you and the lawyer or law firm representing you in this matter. Typically it is endorsed by both, deposited into the attorney trust account and funds are disbursed from there.
It is customary for the insurance company to make the check payable to you (the client) and your attorney. The attorney is required to notify you upon receipt of the settlemenet draft. Once the draft is properly endorsed, the attorney will deposit it into the attorney-client trust account and then disburse in accordance the terms and conditions of the attorney-client fee agreement.
It appears to me that your question has been exhaustively and redundantly answered by other lawyers. Frankly, without information that your attorney-client relationship is frayed, I would rather you put this question to your attorney.
The settlement check is usually made out to the attorney and the client and is deposited immediately in the attorney's escrow account. When and infant is involved, the attorney's name is not on the check and he/she is issued a separate check.
Both. We typically have the check endorsed by the client, deposit it in out trustee account, and once the check clears, we disburse to the client and any other relevant parties.
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