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Just having a good time
Picture of ragman
posted
You settle with a insurance company and they state that your check will arrive by a certain date. It does not arrive and they state that they will check into it.
In the meantime , the statute of limitations is running out. It seems that may be their game plan.
Can I now reject the settlement and take them to court? This is a large settlement.



" I didn't fail the test,I just found 100 ways to do it wrong." - Benjamin Franklin
 
Posts: 1499 | Location: N. C. | Registered: November 22, 2006Reply With QuoteReport This Post
semi-reformed sailor
Picture of MikeinNC
posted Hide Post
Sounds like a good question for a NC attorney.



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Posts: 11517 | Location: Temple, Texas! | Registered: October 07, 2006Reply With QuoteReport This Post
Just because you can,
doesn't mean you should
posted Hide Post
Hopefully you have some written agreement that might protect you?

Many people don't want to get an attorney involved in a slam dunk case but they often leave a lot more money on the table than the cut and fail to understand various other important implications.

I'd take whatever paperwork you have and pay an attorney for an hour of their time to ask some questions of where you stand.


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Posts: 9909 | Location: NE GA | Registered: August 22, 2002Reply With QuoteReport This Post
No, not like
Bill Clinton
Picture of BigSwede
posted Hide Post
quote:
Hopefully you have some written agreement that might protect you?



^^^ It's not a settlement if you don't have this



 
Posts: 5658 | Location: GA | Registered: September 23, 2009Reply With QuoteReport This Post
Just having a good time
Picture of ragman
posted Hide Post
The settlement agreement has been signed and notarized. It was returned to them three weeks ago.
My question is, can I now reject the offer before the statute of limitations runs out or do I have to sue them for breach of contract.
Sorry for the confusion. I have been dealing with this for 3 years.



" I didn't fail the test,I just found 100 ways to do it wrong." - Benjamin Franklin
 
Posts: 1499 | Location: N. C. | Registered: November 22, 2006Reply With QuoteReport This Post
Member
Picture of steve495
posted Hide Post
Ragman, you really need to contact your attorney. If you are worried about time running out and have been dealing with this for three years, an attorney is the only way to proceed.


Steve


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Posts: 5027 | Location: Windsor Locks, Conn. | Registered: July 18, 2006Reply With QuoteReport This Post
Needs a check up
from the neck up
Picture of Timdogg6
posted Hide Post
Letting the statute of limitations run is scary bad.
The other issue is a lot of attorney's wont take a case if the statute is about to run. It's too risky for them. I personally wont take a case with less than 6 months left on the statute.

You need counsel today, not tomorrow, go get it


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Posts: 5198 | Location: Boca Raton, FL The Gunshine State | Registered: July 30, 2002Reply With QuoteReport This Post
War Damn Eagle!
Picture of Snake207
posted Hide Post
quote:
Originally posted by ragman:
The settlement agreement has been signed and notarized. It was returned to them three weeks ago.
My question is, can I now reject the offer before the statute of limitations runs out or do I have to sue them for breach of contract.
Sorry for the confusion. I have been dealing with this for 3 years.


Not an attorney, and just my educated two cents worth.

Unless receipt of the settlement check prior to the statute of limitations (SOL) is a condition of the release, I'm not sure "slow mail" or whatever would ever be realistically viewed as breach of contract.
I'd argue the signing of the release prior to the SOL running constitutes settlement of the claim - and would prevent the carrier from saying the SOL ran and trying to get out of paying.
Now, if they came back and said the SOL ran and they're not paying you - hell yeah - sue their ass off for bad faith.

I'm sure you could rescind the release, but IMHO, I think you'd be going backwards and have an uphill battle on your hands, which ultimately would only end up meaning less money in your pocket.
If you decide to hire an attorney, he's gonna want his cut (generally 33% off the top, more if suit is filed), and I honestly don't see anything that's going realistically get you enough money to offset what the attorney would take.
I'm not saying don't call or consult one, I just don't think you're at the stage where you need to hire one.

If you signed the release, you and the carrier agreed to the settlement. The check WILL come.
I would just call the adjuster every few hours, call his boss, call HIS boss. Be the squeaky wheel until you get an answer.
Go as high as you need to. Trust me, it works.


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Posts: 12554 | Location: Realville | Registered: June 27, 2006Reply With QuoteReport This Post
Needs a check up
from the neck up
Picture of Timdogg6
posted Hide Post
quote:
Originally posted by Snake207:
quote:
Originally posted by ragman:
The settlement agreement has been signed and notarized. It was returned to them three weeks ago.
My question is, can I now reject the offer before the statute of limitations runs out or do I have to sue them for breach of contract.
Sorry for the confusion. I have been dealing with this for 3 years.


Not an attorney, and just my educated two cents worth.

Unless receipt of the settlement check prior to the statute of limitations (SOL) is a condition of the release, I'm not sure "slow mail" or whatever would ever be realistically viewed as breach of contract.
I'd argue the signing of the release prior to the SOL running constitutes settlement of the claim - and would prevent the carrier from saying the SOL ran and trying to get out of paying.
Now, if they came back and said the SOL ran and they're not paying you - hell yeah - sue their ass off for bad faith.

I'm sure you could rescind the release, but IMHO, I think you'd be going backwards and have an uphill battle on your hands, which ultimately would only end up meaning less money in your pocket.
If you decide to hire an attorney, he's gonna want his cut (generally 33% off the top, more if suit is filed), and I honestly don't see anything that's going realistically get you enough money to offset what the attorney would take.
I'm not saying don't call or consult one, I just don't think you're at the stage where you need to hire one.

If you signed the release, you and the carrier agreed to the settlement. The check WILL come.
I would just call the adjuster every few hours, call his boss, call HIS boss. Be the squeaky wheel until you get an answer.
Go as high as you need to. Trust me, it works.


Snake207 I don't like calling people out, but this here is some shit advice. he has a large settlement in play and a statute of limitations running, and you want to play what if lawyer games.......This is damn stupid.


__________________________
The entire reason for the Second Amendment is not for hunting, it’s not for target shooting … it’s there so that you and I can protect our homes and our children and and our families and our lives. And it’s also there as fundamental check on government tyranny. Sen Ted Cruz
 
Posts: 5198 | Location: Boca Raton, FL The Gunshine State | Registered: July 30, 2002Reply With QuoteReport This Post
Mistake Not...
Picture of Loswsmith
posted Hide Post
quote:
Originally posted by ragman:
The settlement agreement has been signed and notarized. It was returned to them three weeks ago.
My question is, can I now reject the offer before the statute of limitations runs out or do I have to sue them for breach of contract.
Sorry for the confusion. I have been dealing with this for 3 years.


You 1000% need to contact your (or an) attorney immediately. Like get off the forum and do it now.


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Posts: 2100 | Location: T-town in the 253 | Registered: January 16, 2013Reply With QuoteReport This Post
The Ice Cream Man
posted Hide Post
quote:
Originally posted by Snake207:
Not an attorney, and just my educated two cents worth.

Don't take this personally, but there is no such thing as an "educated legal opinion" by a non-lawyer.

The OP is the equivalent of someone with a cut femoral, and you're telling him how to sow himself up, rather than go to the ER.
 
Posts: 5986 | Location: Republic of Ice Cream, Low Country, SC. | Registered: May 24, 2007Reply With QuoteReport This Post
War Damn Eagle!
Picture of Snake207
posted Hide Post
I never said it was a legal opinion - I've just been on the other side of this equation.
I also never said don't talk to an attorney. I actually said TO talk to an attorney.
I'm also not saying let the SOL run based on the advise of an internet forum.

If he got a release from the carrier, they (he and the carrier) have agreed to settle.
Having it notarized clearly shows it was executed prior to SOL running. The fact the carrier sent it to him shows their intent as well.
IF the carrier/adjuster was stupid enough to try and renege and say the SOL ran, then the OP will have a slam dunk Bad Faith lawsuit against the carrier/adjuster.
The line of attorneys at his door wanting to take that case would be 10 miles long - and rightfully so.
No adjuster or carrier is realistically that stupid.

A lot in this world can be accomplished with a simple phone call, and it doesn't require giving a third of his settlement to someone else.


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Posts: 12554 | Location: Realville | Registered: June 27, 2006Reply With QuoteReport This Post
His Royal Hiney
Picture of Rey HRH
posted Hide Post
I bet you're a very safe driver but you still have auto insurance. You have auto insurance to protect your assets.

You have a very large settlement which is an asset if ever you get it. Why aren't you insuring it by paying for the services of an attorney?



"It did not really matter what we expected from life, but rather what life expected from us. We needed to stop asking about the meaning of life, and instead to think of ourselves as those who were being questioned by life – daily and hourly. Our answer must consist not in talk and meditation, but in right action and in right conduct. Life ultimately means taking the responsibility to find the right answer to its problems and to fulfill the tasks which it constantly sets for each individual." Viktor Frankl, Man's Search for Meaning, 1946.
 
Posts: 20180 | Location: The Free State of Arizona - Ditat Deus | Registered: March 24, 2011Reply With QuoteReport This Post
A Grateful American
Picture of sigmonkey
posted Hide Post
quote:
Originally posted by Loswsmith:...
You 1000% need to contact your (or an) attorney immediately. Like get off the forum and do it now.






"the meaning of life, is to give life meaning" Ani Yehudi אני יהודי Le'olam lo shuv לעולם לא שוב!
 
Posts: 44569 | Location: ...... I am thrice divorced, and I live in a van DOWN BY THE RIVER!!! (in Arkansas) | Registered: December 20, 2008Reply With QuoteReport This Post
Member
posted Hide Post
^^^^^^^^^^^^
This looks familiar. HAha
 
Posts: 17622 | Location: Stuck at home | Registered: January 02, 2015Reply With QuoteReport This Post
Member
posted Hide Post
Does the settlement state in writing the date by which the check was to arrive or was that verbal and not part of the written terms? I'm not a lawyer, but I'm sure a lawyer will ask that question.
 
Posts: 2540 | Location: WI | Registered: December 29, 2012Reply With QuoteReport This Post
Member
posted Hide Post
You have a pretty good grasp on two possibilities - the release is effective now and the underlying claim is extinguished so you have a breach of contract claim and nothing more, or the release is contingent on payment, the carrier is in breach, and you are free to sue (at least until the SOL runs).

BUT -- there are about a dozen other possibilities that no one other than a lawyer with the agreement in hand can evaluate. Please trust me on this - I do it for a living. Talk to one.
 
Posts: 1013 | Location: Tampa | Registered: July 27, 2010Reply With QuoteReport This Post
Just having a good time
Picture of ragman
posted Hide Post
Thanks to everyone for the advice. I got some legal advice and based on all my documents ,I am on solid ground.
After some communication and notice of what I will do, the company has until mid next week to get me my money.
If it goes any further it will be a breach of contract suite. MY counsel is more than happy to take on this case if need be. So far it has only cost me a couple 100 bucks.
Thanks again for all the advice.



" I didn't fail the test,I just found 100 ways to do it wrong." - Benjamin Franklin
 
Posts: 1499 | Location: N. C. | Registered: November 22, 2006Reply With QuoteReport This Post
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