The process of pursuing a lawsuit can take a long time. Whether a settlement is reached or a verdict has been awarded, there are a number of steps that must take place before any funds can be disbursed.
Settling the Case
The first step in the disbursement process is agreeing on an amount with the defendant. Once agreed upon, a settlement agreement is drafted. This agreement outlines the amount to be paid and a timeline for when the amount is to be paid. If the agreement states the amount to be paid is to be paid in the lump sum, the defendant typically has [NOT COMPLETE]