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  1. #1
    Join Date
    Mar 2016
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    2

    Default A Way to Know when the Settlement Check Was Mailed

    Hello everyone
    New here.....here is my questions......the judge has signed the settlement papers....so now we are waiting for FFVA Insurance company to send the check to our lawyer.....here is the question....is there anyway to find out when they mailed the check???? there has to be a way..
    Bonnie

  2. #2
    Join Date
    Oct 1971
    Posts
    5,049

    Default Re: A Way to Know when the Settlement Check Was Mailed

    Quote Quoting bonnieinky View Post
    Hello everyone
    New here.....here is my questions......the judge has signed the settlement papers....so now we are waiting for FFVA Insurance company to send the check to our lawyer.....here is the question....is there anyway to find out when they mailed the check???? there has to be a way..
    Bonnie
    Probably not, they don't give minute to minute updates.
    Chillax, find something else to do - counting the hours until your check arrives will drive you crazy.

    You should see the loot within thirty days, until then keep busy and quit thinking about it.

    Tony
    Moderator Responses are based on my personal bias, experience and research - They do not represent the views of the admin nor may be accepted in the legal community, always consult an attorney.

  3. #3
    Join Date
    Mar 2016
    Posts
    2

    Default Re: A Way to Know when the Settlement Check Was Mailed

    ok we spoke to our lawyer she said it was lost in the mail and they will send another check out once stop payment on the first check....how long does it take them to put stop payment?

  4. #4
    Join Date
    Feb 2007
    Location
    831 East Morehead St., Ste 355, Charlotte, NC 28202
    Posts
    3,762

    Default Re: A Way to Know when the Settlement Check Was Mailed

    It may take 3 to 15 days for an insurance company to stop payment and issue a new check. It takes about fifteen minutes for an ordinary person to do the same thing.
    The North Carolina Court of Appeals has held that "In contested Workers' Compensation cases today, access to competent legal counsel is a virtual necessity." Church v. Baxter Travenol Labs, Inc., and American Motorists Insurance Company, 104 N.C. App. 411, 416 (1991).

    Bob Bollinger, Attorney and Board Certified Specialist in NC Workers' Compensation Law

  5. #5
    Join Date
    May 2010
    Posts
    586

    Default Re: A Way to Know when the Settlement Check Was Mailed

    Quote Quoting complwyr View Post
    It may take 3 to 15 days for an insurance company to stop payment and issue a new check. It takes about fifteen minutes for an ordinary person to do the same thing.
    But I thought only the government moves that slow?.....Free market is always better?

    Sorry couldn't resist!!!!

  6. #6
    Join Date
    Feb 2007
    Location
    831 East Morehead St., Ste 355, Charlotte, NC 28202
    Posts
    3,762

    Default Re: A Way to Know when the Settlement Check Was Mailed

    Insurance companies are never in a hurry to pay out money. Think about it--if, in any given week, a big insurance company has to send out on average $1 Million in settlement funds and weekly checks, but it delays those checks for another week, and it makes 8% a year return on invested capital, then it makes an additional $80,000 a year by simply delaying every check by a week during that year.
    The North Carolina Court of Appeals has held that "In contested Workers' Compensation cases today, access to competent legal counsel is a virtual necessity." Church v. Baxter Travenol Labs, Inc., and American Motorists Insurance Company, 104 N.C. App. 411, 416 (1991).

    Bob Bollinger, Attorney and Board Certified Specialist in NC Workers' Compensation Law

  7. #7
    Join Date
    Mar 2010
    Location
    chicago
    Posts
    517

    Default Re: A Way to Know when the Settlement Check Was Mailed

    They definatly arent gonna be in any hurry to pay money. Im sure they will hold out as long as its legal to do it

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