Legal Question in Personal Injury in New York
In a auto accident law suit what is the time line for a settlement offer to be paid out ?
Asked on 8/25/15, 4:17 am
1 Answer from Attorneys
Sherri Plotkin
Rheingold Giuffra Ruffo & Plotkin LLP
Assuming this involves a NY case and a private defendant (i.e., not the City, NYCTA, MABSTOA or any other municipal agency), settlements are supposed to be paid within 21 days. If the case was settled with a municipal or governmental agency, they get 90 days to pay the settlement.
Answered on 8/25/15, 7:01 am