Finally reaching an agreement to end a legal dispute is a momentous occasion.
A settlement is usually a vindication of your decision to take legal action and a sign that the long road to compensation is nearing its end.
As you eagerly await your funds, it’s natural to wonder when you’ll get your money and whether you can track your settlement check.
Although there’s no settlement check tracker online, there are some ways to track your check’s progress.
Understanding how long it can take to get to settlement and how long it can take to get from settling to receiving funds is one of the best ways to predict how long it will take to get your compensation.
How Long Does It Take to Get a Settlement Check?
How long it takes to get a settlement check depends on several factors, especially what stage you’re at in your legal dispute.
If you have yet to settle, how soon you can expect to get your money depends on the type of legal claim you’re pursuing as well as:
- How complicated your case is,
- How motivated the defendant is, and
- How strong your evidence and legal arguments are.
The duration of a case can vary widely, ranging from a few weeks to several months, or even over a year for more complex cases.
If you’ve already agreed to a settlement, how long it will take to receive your funds depends on:
- Whether you filed an official claim with the court,
- State law or court orders setting a deadline,
- How quickly the defendant acts, and
- How many creditors, if any, need to receive a portion of the funds.
Your check will typically be sent to your lawyer, who will satisfy debts to be taken out of the amount before they send what remains to you.
Normally, Defendants may have up to two months to pay. However, you may get the money sooner if your state sets an earlier deadline, you have a court order requiring earlier payment, or the defendant agrees to an earlier payment in the settlement terms.
Can I Get My Settlement Check Early?
If you need money earlier, you can request a money advance with the help of a company like Injury Wallet. Injury Wallet helps connect people with lenders that offer lawsuit loans.
These loans are non-recourse, which means you won’t need to repay the lender if you don’t receive compensation.
When you get a lawsuit loan, you generally receive only a portion of the amount experts estimate your claim is worth.
Depending on the circumstances of your case, you may be able to get funds within a few days. Injury Wallet not only connects you to the best lenders throughout the country, we help you find the lowest interest rate to save you money.
How Can I Track My Settlement Check?
Track your settlement check by contacting your personal injury attorney, who acts as the middleman between the defendant and your settlement funds.
If you can access a written court order or agreement, you can also consult that document to find the payment deadline. You can usually assume you’ll receive your money within a couple of weeks of that deadline.
How Injury Wallet Can Assist You
If you have an active legal claim and need money sooner rather than later, contact Injury Wallet.
With only a few minutes of your time to fill out a brief questionnaire, we can find you the best interest rate with a trustworthy loan company.
We can help you secure the funds you need to stay afloat while your lawyer works to win the maximum compensation for you.
