{"id":585,"date":"2021-07-14T13:43:03","date_gmt":"2021-07-14T17:43:03","guid":{"rendered":"https:\/\/www.bavagnolilaw.com\/?p=585"},"modified":"2021-07-29T16:48:35","modified_gmt":"2021-07-29T20:48:35","slug":"how-long-does-a-settlement-check-take-after-an-accident","status":"publish","type":"post","link":"https:\/\/www.bavagnolilaw.com\/how-long-does-a-settlement-check-take-after-an-accident\/","title":{"rendered":"How Long Does a Settlement Check Take After an Accident?"},"content":{"rendered":"

You deserve financial compensation after suffering <\/span>an injury<\/span><\/a> due to another\u2019s negligence.\u00a0 Negligence is a term commonly used by those who work in the legal sphere to refer to parties that fail to provide the appropriate level of care to those in their vicinity.\u00a0 If your personal injury attorney in New Jersey can prove another party is even slightly responsible for your injury, you will receive financial compensation through a settlement or a court award.\u00a0 The timeline for receiving this compensation will be unique to your specific case.\u00a0\u00a0<\/span><\/p>\n

Be Patient as Your Case Takes Shape<\/strong><\/p>\n

All sorts of factors affect how quickly you are paid after your personal injury.\u00a0 If the insurer makes an attractive settlement offer that you accept, you will receive your compensation sooner than would have occurred had you pursued litigation.\u00a0 Most people do <\/span>not <\/span><\/i>accept the insurance company\u2019s initial offer.\u00a0 Settlement negotiations have the potential to take days, weeks or even longer.\u00a0\u00a0<\/span><\/p>\n

In some cases, settlement negotiations are put on pause and picked up days or weeks later.\u00a0 So don\u2019t expect a sizable check within days or even a week or two of your accident date.\u00a0 Be patient as the wheels of justice turn, let your New Jersey personal injury attorney advocate on your behalf and have faith.\u00a0\u00a0<\/span><\/p>\n

The General Timeline for Financial Compensation After a NJ Accident<\/strong><\/p>\n

As noted above, the length of time necessary for the legal process to play out hinges on the nuanced factors of your <\/span>specific accident<\/span><\/a>.\u00a0 However, in general, it usually takes between a month and two months to receive a check.\u00a0 If the case is not particularly complex or if you accept the initial settlement offer, the settlement check might take as little as a couple weeks to show up in your mailbox.\u00a0 However, most settlement checks take at least a month to arrive through the mail.\u00a0\u00a0<\/span><\/p>\n

\"timeline<\/p>\n

The Insurance Company Partially Dictates the Timeline<\/strong><\/p>\n

Insurance providers typically require those who are party to a personal injury lawsuit to sign a release stating the plaintiff\u2019s acceptance of the settlement results in a forfeiture of future rights to take legal action against the parties responsible for the injury.\u00a0 The insurance company will not send the settlement money to your New Jersey personal injury attorney until this release is received.\u00a0 Furthermore, there is also the potential for the insurance company to delay even after receiving the signed release, extending the payment timeline that much longer.\u00a0<\/span><\/p>\n

Transmitting the Settlement Funds to the NJ Personal Injury Attorney<\/strong><\/p>\n

The insurance provider will send the settlement check to the attorney after receiving your release form.\u00a0 However, there will be another slight delay in between the transmission of the funds to your personal injury lawyer and the subsequent <\/span>payment to you<\/span><\/a>, the victim.\u00a0 Your New Jersey injury attorney might have to redirect some of the settlement funds to pay for the following:<\/span><\/p>\n