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Place Text Settlement

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Returned to the Defendant The settlement agreement may specify that any unclaimed settlement proceeds will be returned to the corporate defendant. There may be deadline for you to submit a claim in order to receive your portion of the settlement money. Otherwise, your share will become part of the unclaimed funds.
Is it worth it to sue? For most people, the answer is no. That's one of the huge advantages of class action lawsuits. They allow a large group of injured parties to receive just compensation, even if their individual claims are relatively small.
Settlement money from a class-action lawsuit doesn't usually amount to much, maybe a few dollars. Occasionally, class-action suits can be very profitable for people other than the attorneys. I'm a good example: I just received a check for almost $1,400. You need to seek out these rare money opportunities.
Is it worth it to sue? For most people, the answer is no. That's one of the huge advantages of class action lawsuits. They allow a large group of injured parties to receive just compensation, even if their individual claims are relatively small.
Who Gets The Most Money In A Class Action Lawsuit. Contrary to the picture presented in the media, most of the money in a class action settlement goes to the injured plaintiffs. While the class' attorneys typically take a percentage, the court will restrict their payment to a reasonable amount.
If you are wondering, how long does it take to get money from a settlement, you can call the lawyer's office for verification. Most likely, the cash settlement will arrive within six weeks.
The Way Class Action Settlements Are Divided Generally, these lawsuits settle before going to court. Then, the lead plaintiffs are given an amount that is determined by their participation in the class action lawsuit. Finally, the rest of the settlement amount is divided among other class members.
Assuming there are no further appeals, class members generally receive payment about six to nine months after a settlement agreement is submitted to the court for preliminary approval, says Stuart Ross man, director of litigation at the National Consumer Law Center.
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