R
ronlou
Guest
What is the name of your state? Tx
I am new to the board and am seeking advice regarding a settlement. AIG insurance sent me a " Release of All Claims" letter as the final part of a agreed upon settlement for an auto accident that occurred October of 2000. The letter stated that in consideration of the settlement offer, I agree to discharge any future claims agaist the driver of the other vehicle and AIG. I agreed, signed and had the letter notarized, and returned it certified mail. Three days later I recieve a call from the adjuster and he tells me that he made a mistake, he was not aware that AIG had already paid one of my medical bills when my health insurance company filed a claim. Therfore, he was reducing the settlement by $3600 and had already mailed me a check for the adjusted amount.
The last paragraph of the settlement letter reads, This release contains the ENTIRE AGREEMENT between the parties hereto, and the terms of this release are contractual and not a mere recital."
Is the settlement letter I had notorized a binding contractual ageement? If so, any suggestion on how to proceed! Thanks in advance for any comments or suggestions.
I am new to the board and am seeking advice regarding a settlement. AIG insurance sent me a " Release of All Claims" letter as the final part of a agreed upon settlement for an auto accident that occurred October of 2000. The letter stated that in consideration of the settlement offer, I agree to discharge any future claims agaist the driver of the other vehicle and AIG. I agreed, signed and had the letter notarized, and returned it certified mail. Three days later I recieve a call from the adjuster and he tells me that he made a mistake, he was not aware that AIG had already paid one of my medical bills when my health insurance company filed a claim. Therfore, he was reducing the settlement by $3600 and had already mailed me a check for the adjusted amount.
The last paragraph of the settlement letter reads, This release contains the ENTIRE AGREEMENT between the parties hereto, and the terms of this release are contractual and not a mere recital."
Is the settlement letter I had notorized a binding contractual ageement? If so, any suggestion on how to proceed! Thanks in advance for any comments or suggestions.