Know About The Process To Collect Your Injury Settlement Claim

Anyone that has been injured in an accident has the right to file a personal injury claim. Someone that hoped to obtain a quick compensation would probably agree to accept a settlement. Someone that was not so impatient might choose to argue the case in court. Following each procedure, there is a recognized process for delivering the reward to the winner.

Process used after the 2 opposing sides agree to settle

The Personal Injury Lawyer in Cambridge for the winning party lets the court know that the 2 sides have agreed to settle. The court then issues an order of settlement. Both parties then have a given amount of time (usually 30 -60 days) for completing all the necessary paperwork. One document that the insurance company has among that collection of paperwork is a release form.

The release form gets sent to the plaintiff’s lawyer. That attorney then shows the release form to his or her client. Those two lawyers study the form, before the client signs it.After the insurance company gets the release form, it sends a check to the plaintiff’s attorney. It then becomes the attorney’s job to pay off any liens, before giving the client his or her share of the settlement proceeds.

What happens after a plaintiff has been granted a court judgment?

The other side has the chance to request an appeal; hence there could be an appeal. Any appeal process can lead to one of 3 different conclusions: The jury upholds the original verdict; the jury reverses the original verdict, or the jury calls for the holding of a new trial.

If there were a second trial, that could lead to a second appeal process. In other words, it takes quite a bit of time form the court to be in a position to call for delivery of the court-awarded judgment. Understand, too, that even if a plaintiff did win an appeal, then that might not guarantee the granting of a large reward. If the plaintiff has failed to present a strong case, the amount awarded by the jury could be quite small.

When the court does release the reward money, it goes to the plaintiff’s lawyer. That same lawyer then takes his or her concession fee, a rather large fee, because the lawyer has had to spend time in court. Realize, though, that a jury at an appeal hearing could decide to reverse the earlier decision. That would bring and to any process that was supposed to put money in the plaintiff’s hands. That money might go back to the responsible party, the defendant, or it might remain “in limbo,” until completion of the entire appeal process, and the announcement of the jury’s ultimate decision.