When the time comes to settle your personal injury claim, it’s important for you to know what portion of the total amount of the settlement goes to you, the lawyers and to the medical providers who may have liens on your settlement. This is an extremely important part of any personal injury case.
What are settlement liens?
While you were injured, you no doubt received medical care. Your doctors, hospitals and physical therapists may not have gotten paid yet. In addition, you may have received payments in the form of short-or long-term disability benefits while you were unable to work. The healthcare providers who cared for you and the insurance company that paid your disability benefits can make a claim against your settlement – known as a settlement lien – for the services they provided or amounts they paid to you during your treatment and recovery. When they’re all added up, these claims can eat up a considerable amount of your settlement.
It’s your Southern California personal injury lawyer’s responsibility to keep track of the various parties who have claimed a lien against your settlement and negotiate with those claimants. A good lawyer can get many of these claimants to accept less than they’re owed, freeing up more money for you. The lawyers at TorkLaw have extensive experience persuading lienholders to accept less for their liens so you can maximize the amount of your settlement.