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Lawyer has check says it has to clear medicare before i can get it is this true?
Wiki User
∙ 18y ago
Usually, a lawyer only "holds" it for as long as it takes to clear in his/her bank account. When a settlement is awarded in a lawsuit, the defendants who must pay have a specified amount of time to produce that money to your lawyer. In the case of my lawsuit, the people I sued had 90 days to send the check to my lawyer...who, then, had to wait for the check to clear in her account...then, she wrote a check to me for the settlement amount (minus attorneys' fees)...whereas, I had to wait for the check to clear in my own bank account. All in all, I was able to access my money around four months after we settled. Three to four months is indeed the average time for a settlement to actually be "settled" in connection with restitution
Wiki User
∙ 18y ago
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With the current electronics, checks can be cleared almost immediately. There is little opportunity to 'kite' a check as there was in the past. You need to make sure the money is in the bank before you write the check.
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Your question is not clear. If you are speaking about a lead poisoning case you should ask your lawyer. You can add more details on the discussion page.Your question is not clear. If you are speaking about a lead poisoning case you should ask your lawyer. You can add more details on the discussion page.Your question is not clear. If you are speaking about a lead poisoning case you should ask your lawyer. You can add more details on the discussion page.Your question is not clear. If you are speaking about a lead poisoning case you should ask your lawyer. You can add more details on the discussion page.
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The same length of time it takes for any other check to clear. Banks are not actually obligated by law (in the US) to pay any special attention to postdated checks, unless they have been specifically notified of them. If they have been notified, they are supposed to treat them as invalid if presented before the date on the check.
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