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ALawyer. Please help if you can

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shanh24

Guest
Florida

Hi my name is Shantay and I have a question that I hope you can answer. I purchased automobile insurance from Aries insurance in Florida, a company that has gone backrupt just recently. A little over a year ago I was in an accident for which i was not at fault. I filed a pip claim right away with Aries who has still to this day not paid the bills. The florida(or federal?) insurance gaurantee association(FIGA)(i think that is the name) has taken over some 38,000 unpaid claims from the company and is agreeing to pay them at some future date. Right now I owe about $17,500 in medical bills. I just recently received a settlement(well the attorney and the doctors did, but thats another story) and my attorney states that he has to hold the entire amount(17,500) in a trust until FIGA pays the pip claim. Is this correct? Why do I have to wait if FIGA is going to pay the doctors eventually?

Any help would be greatly appreciated.
 


ALawyer

Senior Member
I am not a FL lawyer, but in many states it is because there may be liens, such as by doctors, filed a lien against the proceeds, and YOU can't get the first money out.

And it is a Florida state guarantee fund. All the states have one.
 

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