QUESTION
I settled my lawsuit at the end of may, how long does it take for the payment to be made?
Asked on Jul 18th, 2015 on Personal Injury - New York
More details to this question:
Is there a time limit that they have to make the payment?
1 ANSWER
Chapter 7 Bankruptcy Attorney serving Syracuse, NY
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Andrew T. Velonis, P.C.
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In NY it's supposed to be 21 days for an insurance company or self-insured company. There could be some delays if your lawyer has to hold funds in escrow pending payment of liens, etc. Or, if it's a private individual and you don't have a lawyer, that could be a problem.
Answered on Jul 21st, 2015 at 7:07 AM