Frequently Asked Questions: Florida Settlements
If you have questions regarding how settlements in the state of Florida work, rely on a trustworthy settlement attorney at the Law Offices of Brent C. Miller, P.A. for wisdom and legal insight. Review the following information to discover more about Florida settlements.
Is my settlement award taxable?
No. Florida laws and federal policies prevent your settlement from ever being taxed.
Will my settlement be exempt from bankruptcy?
It depends. It is possible that your estate representative may account for all of the assets and property that you own, including valuable settlements obtained from successful lawsuits. In some cases, you may lose this property. If you are considering filing for bankruptcy in the state of Florida, you desperately need to discuss your matters with a settlement lawyer in Florida. There are state bankruptcy laws that may protect you, but you will need legal representation to ensure that your settlement is not lost via bankruptcy.
How long will my case take?
We cannot determine how long your case will take because every case is unique. However, most cases take a longer time to settle when opposing parties are unable to reach an agreement and when a case is required to go to trial. Your case may take six weeks to several months to settle. In more complex cases, it may take years to reach a settlement.
When will my settlement money be distributed?
After all forms and documents are reviewed, signed and processed, and after your attorney collects his/her applicable fee(s), your settlement money will be distributed to you. This may take up to two weeks. However, if unexpected delays occur, it may take a month or two for your settlement money to be distributed and received.
At the Law Offices of Brent C. Miller, P.A., our Gainesville attorneys work tirelessly to minimize the length of your case while always working with your best interests as our highest motivation and priority. Contact us today to discuss your case, desirable legal options, and to gain representation. With our help, your claim has a greater chance of being successful. We aim to help you reach a settlement within a considerable timeframe and through a tolerable process.