In the case of personal injury law, the offer of compensation takes different amounts of time to be received. All claims vary in nature, so the exact number of days required to obtain the compensation offer cannot be specified. This is because some incidents are significant, while others may be minor. However, it is estimated that once the party accepts the settlement offer, the part can expect the money to be transferred within two weeks. This number can even go all the up till four or five weeks, again depending on the nature of the claim. Given the time frame of only 20-30 days, it is also necessary to note that the party might not have necessarily completed all the essential medical treatment required, and this way, it might still be missing some important work. During this time frame, insurance companies would most times keep offers even when the plaintiff is not ready for settlement. This is because these insurance companies hope that to get the offer and receive the money quickly, they keep the offer too low. This is a delaying tactic used to get the most out of the situation. They want the person to accept the money… Read more “How long does it take to receive an offer of compensation”