If you’ve recently settled your personal injury case, you might find yourself asking, “Why haven’t I received my settlement check yet? What’s the holdup?” You’re not alone—it’s one of the most common questions we hear at Herrman & Herrman, and we want to put your mind at ease. The process might feel slow, but rest assured, your settlement is in good hands.
Here’s why it takes time and why having the right personal injury lawyer—like Herrman & Herrman—makes all the difference.
Step 1: Finalizing the Release
Before you can receive your settlement money, you’ll need to sign a release agreement that confirms the settlement amount and resolves the case. Depending on the size and complexity of your case, this agreement might require negotiations between your attorney and the insurance company to ensure your rights are fully protected.
At Herrman & Herrman, we take this step seriously, going over every detail to make sure nothing jeopardizes your settlement. This process may take a couple of weeks, but our focus is always on getting you the best possible outcome while safeguarding your future.
Step 2: Resolving Liens
Here’s where things can get tricky. Before the insurance company releases your funds, any liens on your settlement must be resolved. These liens could come from hospitals, health insurers, workers’ compensation, or even state agencies like child support services.
Your attorney is responsible for negotiating and resolving these liens, ensuring the funds are distributed appropriately. At Herrman & Herrman, we excel at this often-complicated process, leveraging our experience to minimize the impact of liens on your settlement so you walk away with the maximum compensation you deserve.
Step 3: Insurance Payout
Even after everything is finalized, insurance companies work at their own pace. They won’t issue a check until they’re confident there won’t be legal repercussions for releasing the funds. This can feel frustrating, but having a diligent attorney can help move things along.
We know how to communicate with insurers and keep the pressure on to ensure they release your funds as quickly as possible. Herrman & Herrman understands your urgency, and we’re here to advocate for you at every step.
Step 4: Trust Account Processing
Once the insurance company sends the settlement check, your attorney must deposit it into a trust or escrow account. This ensures the funds clear properly before any payments are made. It’s another safeguard to protect your money, but it’s also one more step in the process.
At Herrman & Herrman, we don’t just follow these steps—we streamline them wherever possible. We understand how important your settlement is and work tirelessly to ensure you receive it promptly.
Why Choose Herrman & Herrman?
While waiting for your settlement can be frustrating, it’s important to have a legal team you can trust to handle every detail with care and professionalism. At Herrman & Herrman, we pride ourselves on:
- Transparency: We’ll keep you informed every step of the way, so you know exactly what to expect.
- Experience: With decades of experience in personal injury law, we know how to navigate the complexities of settlements.
- Dedication: Your case is personal to us, and we’ll go above and beyond to secure the compensation you deserve.
When you hire Herrman & Herrman, you’re not just hiring a law firm—you’re gaining a team of advocates committed to fighting for you. We’ll handle the hard work so you can focus on what truly matters: your recovery.
Contact Herrman & Herrman Today
If you’re still waiting on your settlement or have questions about your case, don’t hesitate to reach out. The sooner you have a dedicated attorney working for you, the sooner you’ll get the resolution you deserve.
Call Herrman & Herrman today for a free consultation, and let us take the stress off your shoulders. We’re here to fight for you, every step of the way.
