QUESTION
when an insurance co. releases the check to a lawyer does it have to be in the attorneys account for 10 days before i can get my portion
Asked on Aug 27th, 2012 on Automobile Accidents - North Carolina
More details to this question:
my attorney says i have to endorse my check to his bank and will not be able to receive my funds for 10 days. is this correct?
1 ANSWER
Litigation Attorney serving Raleigh, NC
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Burns, Day & Presnell, P.A.
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yes, that is the typical wait period. sometimes the funds become available more quickly, but you should assume ten days.
Answered on Aug 27th, 2012 at 9:38 PM