Settlements are generally made in a lump sum or are structured in installments. The lump sum method is definitely the most preferred, but both have advantages. When the other party's insurance company accepts a settlement, you will receive a check approximately three weeks after all of the settlement documents are submitted. This means that the other party has basically accepted responsibility for the cause of your injuries and there's nothing left to discuss. However, the defendant in a court case has the right to file an appeal.
If the party to your lawsuit exercises this right, you may have to wait an additional year or two to receive the funds from your settlement if you succeed a second time. If Jurewitz Law Group Injury & Accident Lawyers successfully negotiates a settlement, you are likely to have questions about how and when you will receive the money you are owed. I believe that South Carolina personal injury attorneys have a responsibility, right from the start of the case, to explain how the settlement money will be distributed. In short, while unfortunately, people must pay attorneys for justice to be served in many cases, and while garnishments can detract from their net recovery, without a personal injury attorney and a South Carolina health insurer, you may never receive medical treatment or compensation for your injury.
