Hi, I am in settlement stage of my body injury due to an auto accident. I have 2 questions:
1 - My lawyer says I and she will get 1/3 each and the other 1/3 will go to a trust fund. Then, she will negotiate with doctors to reduce their bill. Any amount left from trust after paying doctors will be split between I and lawyer. Is this right and typical? I had heard the difference goes to victim and lawyer only gets 1/3.
2 - The other party insurance is paying 15k (max policy), then my lawyer said she will go after my under-insured part of my car policy to get the rest. She is asking me to write a statement that I am accepting 15k settlement so she can move forward. Is this fine? I want to make sure this does not mean I'm ok with 15k only. I have over 50k doctor bills. Is there any note I should include in my statement.
I appreciate any advise.
1 - My lawyer says I and she will get 1/3 each and the other 1/3 will go to a trust fund. Then, she will negotiate with doctors to reduce their bill. Any amount left from trust after paying doctors will be split between I and lawyer. Is this right and typical? I had heard the difference goes to victim and lawyer only gets 1/3.
2 - The other party insurance is paying 15k (max policy), then my lawyer said she will go after my under-insured part of my car policy to get the rest. She is asking me to write a statement that I am accepting 15k settlement so she can move forward. Is this fine? I want to make sure this does not mean I'm ok with 15k only. I have over 50k doctor bills. Is there any note I should include in my statement.
I appreciate any advise.