Wheres the check?

[round 1]

What is the name of your state (only U.S. law)? Ca

Hello after signing the settlement..why does it take 30dayd to receive it?

 

[Proserpina]

What is the name of your state (only U.S. law)? Ca

Hello after signing the settlement..why does it take 30dayd to receive it?

...are you serious?

 

[round 1]

...are you serious?

Yes..i remember u from my last thread.
I found out from a mutual friend of my ex n mine that she has been bragging about getting a settlement soon.. Was told she did it a few days ago.
y does it take 30 days for one to receive the check?

 

[Proserpina]

Yes..i remember u from my last thread.
I found out from a mutual friend of my ex n mine that she has been bragging about getting a settlement soon.. Was told she did it a few days ago.
y does it take 30 days for one to receive the check?

...and what were you told when you called "the people" to ask this question?

(Are you familiar with the concept of "processing"?)

 

[round 1]

...and what were you told when you called "the people" to ask this question?

(Are you familiar with the concept of "processing"?)

Yes I am familiar with the concept of processing.. So they basically have to divide it between all parties involved? I.E attorneys, doctors n such?

 

[CSO286]

Yes I am familiar with the concept of processing.. So they basically have to divide it between all parties involved? I.E attorneys, doctors n such?

Yes. Once the recipeint's attorney recieves the money form the payor, they have pay out the bills and atty fees and other liens. Whatever remains is paids the the recipient.

Double checking the numbers and getting those payment issued takes time.

 

[commentator]

What is the name of your state (only U.S. law)? Ca

Hello after signing the settlement..why does it take 30dayd to receive it?

Well, duh, because they are not sitting there with a checkbook from the insuror in their hands. It has to be processed through their company's pay system just like any other pay out. There was always a possibility that the papers would not be signed that day and there are other payees involved, so they don't pay you on the spot and assume you'll take care of all these others for them.