If I settle my case, how long will it take to get my settlement proceeds?

If I settle my case, how long will it take to get my settlement proceeds?

There are many factors that can affect how long it will take to get your settlement proceeds. Every state has its own rules as to the timing of the payout of a settlement and some states have special rules if the defendant is a governmental entity. For instance, in New York, the law requires that the party agreeing to pay the settlement has 21 days to make payment. If the party agreeing to pay the settlement is a governmental entity then the time frame to pay is longer. The lawyer handling your case should explain the settlement details which should include the time frame in which you will receive your settlement proceeds.