How long does it take to actually receive my settlement money?

After reaching a settlement agreement, receiving your money typically takes 30 to 90 days. The process involves several steps: first, you and your attorney review and sign the settlement agreement and release document. The defendant then sends the settlement funds — either to your attorney's trust account or directly to the parties — after processing, which typically takes 2 to 6 weeks. Your attorney then uses that time to resolve any outstanding medical liens (hospital, health insurance, Medicare/Medicaid subrogation liens) and deduct attorney fees and costs. Once lien amounts are finalized and satisfied, your attorney distributes the net proceeds to you. Complex cases with multiple lien holders or government liens (Medicare) can take longer. Structured settlements that involve setting up an annuity add additional time for the insurance company to purchase the annuity contract. If you need funds urgently before settlement, pre-settlement funding companies offer advances against expected recovery — though at significant interest rates.