Legal Question in Wills and Trusts in New York
IOLA Alternative?
I am due to receive Workers' Compensation Board's certification of my out-of-court (personal injury)
Settlement and have recently fired my lawyer, as I
did not possess absolute trust and faith in the
integrity of the process, which woulld have had him
placing the entire amount into his firm's IOLA
account. He was less than forthcoming with information
relative to the account, hence, he is: history. The
problem is that the judge will not release the funds
until the outstanding legal fees are paid, but I don't
have an attorney to receive the settlement, anymore. I
want to know what alternative- other than a private
attorney's IOLA account- account might the judge permit
the funds to be held in until the outstanding fees have
been paid?
1 Answer from Attorneys
Re: IOLA Alternative?
They can prob be "paid into court" and held in the finance dept. They will take a small fee.