How Long After a Demand Letter Does a Settlement Take?
When you’ve been injured in a traumatic accident and you know someone else’s negligence was the cause, filing a claim for compensation is the best way to ensure you’re financially covered for all of your medical expenses. Although you may have to pay for your medical expenses up front, you can work with an attorney after your recovery to speed up the settlement process.
The claims process requires a few steps and not all of these steps will be in your control. However, hiring a personal injury attorney in Baton Rouge from Spencer Calahan Injury Lawyers will ensure all of the proper evidence is gathered, your overall claim value is calculated correctly, and your demand letter is filed on time.
Timeline of a Typical Settlement
It can be hard to determine the precise timeline of your settlement from start to finish because once the demand letter is handed off to the liable party, they will have control over how fast the claim moves forward. The defendant may accept the terms of your demand letter immediately and pay out your settlement within a few days, but this is not a likely outcome.
What is more likely to happen is that the defendant won’t agree with the terms of the settlement offer. The opposing party has 45 days to respond to the demand letter before it expires. No response within this timeframe can mean the insurance company didn’t accept the offer, but it can also mean they never opened the letter because they were too busy with other claims.
If you receive no response to your demand letter after the 45-day window, your personal injury lawyer will revise the letter and send it out again. Although this process can be frustrating, having patience can is key to getting the ultimate outcome to result in your favor.
Consult a Personal Injury Lawyer in Baton Rouge
The best way to speed up the settlement process is to hire a personal injury attorney in Baton Rouge from Spencer Calahan Injury Lawyers who will understand what steps need to be taken and what deadlines need to be met. As long as your legal team files all of the necessary documentation on time, you should reach a settlement with minimal roadblocks.
If you’re ready to begin filing your claim, you can reach out today for a free consultation by filling out the contact form below or by calling us at 225-387-2323.