I was a part of a law suit that awarded me some cash, however i have only received a fraction of this settlement from my attorneys who have already received the money from the company that has been sued.
A closing statement must be signed by you as the client. this statement would show you where all funds are being paid to. Typically funds end up being paid to doctors, and many times the clients dont realize these doctors have not been paid in full. Just ask your attorney for a break down of what is being paid from the settlement.
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There is not enough information to give you a specific answer, but it's possible that a partial disbursement was made and a certain amount of money held in the client trust account by your attorney while they await notification of the final lien amount from the government lien holder, e.g., Medi-Cal or Medicare.
This iniitial disbursement allows you to receive some of the funds even though the lienholder has not finalized the lien. The attorney may hold out more than the last known lien amount in case the lien goes up by the time it is finalized. Usually this is out of an abundance of caution and the amount eventually paid is less than the amount held out, in which case you should receive another payment for the difference.
As noted above, this information should be explained in a settlement accounting provided by your lawyer. If you have any questions, your lawyer should give an explanation.
As the previous lawyers have responded there may be many factors.If there are liens against your personal injury settlement attorneys may have liability if they do not negotiate and pay the liens in as much as you may have liability.
You must communicate with your lawyer and he/she should be able to give you the reasonings for withholding the sums.
I agree with the attorneys listed above. There could be several reasons why your attorney has held the money. Some of the most common reasons funds are held are-health insurance reimbursement, various health bills, or liens that you may have such as bankruptcy or court judgments. If you didn't sign anything, there's a possibility you may get the funds back if they are not used. Best thing to do is contact the attorney with your concerns. Good luck!
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