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Our attorneys have been assisting the Orange County and Southern California communities for over 40 years.
If you or somebody you care about has been injured due to the careless or negligent actions of another party, it may be necessary to seek compensation through an insurance settlement or a personal injury lawsuit. The vast majority of personal injury cases are resolved through settlements with insurance carriers. While these cases are not always easy, personal injury victims need to know how quickly they can expect to receive their settlement check when their matter is resolved.
Once a final settlement amount is agreed upon with the insurance carrier for a personal injury case, there are various administrative steps that the personal injury victim needs to be aware of.
Structured settlements are an arrangement that involves a victim receiving portions of their settlement over longer periods of time. Typically, a structured settlement occurs when the victim is a minor or has sustained a catastrophic injury that involves ongoing medical treatment. Structured settlements are paid and a guaranteed amount on a fixed schedule. For example, an injury victim may receive a portion of their settlement every month or annually.