.svg)
Motor Vehicle Accidents 
No more waiting endlessly for personal injury settlement money
Call: (312) 609-0400
or fill out the Contact Form
By of Strom & Associates, Ltd. posted in Personal Injury on Friday, January 31, 2014.
At long last, an Illinois law has passed requiring an insurance company to issue payment of a personal injury settlement within 30 days of an executed release to a defendant.
When a personal injury case is finalized by way of a settlement, the injured party must execute a release of all claims. That signed release must then be turned over to the defendant or its insurance company. At times, the insurance company would delay the issuance of the check. Sometimes, it could take up to 2 months for the insurance company to issue the check. Unfortunately, there was no law that set a deadline when payment must be issued.
With this law in place, it will give the injured person some time frame on when they will receive their money for their damages from the injury.
Call: (312) 609-0400
or fill out the Contact Form
About the Author
As a personal injury attorney I have seen firsthand how car accidents can be life-changing. The journey to recovery is both physically and emotionally challenging. While I am here to help you fight for your rights, it is equally as important to me that you receive the best possible care. Today, I am highlighting some of […]
Imagine waking up with a toothache. Out of nowhere, you get a call from a dentist offering to give you a root canal. Would you see that dentist? Of course you wouldn’t. You would be suspicious and perhaps even a bit irritated. What if you were in a car accident, and immediately after, you start […]
Whether you’re a driver, a cyclist, or both, you have a responsibility to act in accordance with laws that are meant to keep us all safe. In Chicago, there’s an undeclared war between drivers and cyclists. Drivers are mad cyclists don’t stop at stop signs. Cyclists are mad drivers speed past too close to them. In […]