Law is an extremely broad field and in the event that you feel you have been unfairly treated or are owed money, you can actually file a lawsuit to try to reclaim costs or damages. You might be wondering what happens when you win a lawsuit case. This short article offers information on just that.
Settling Out Of Court
If a case is pretty clear cut, the other party would probably wish to settle out of court in order to limit their costs; indeed, if you talk to any of the law firms in your area, they will tell you that a large percentage of lawsuits are settled before they reach the courtroom and should this occur, your lawyer’s negotiation skills come into play.
Order Of Settlement
With the help of the dispute resolution law firms in Bangkok or in your city, an out of court settlement is reached. Lawyers of both parties complete an order of settlement form that informs the litigation court of the agreed settlement. This is a legally binding document and upon receipt of the document, the litigation court will close the case. Should the other party fail to live up to the terms of the order of settlement, then you can continue with the litigation. It is in the other party’s interests to settle within an agreed timeline, and they rarely play for time if there is a desire to settle, as it costs more in terms of interest.
How Soon Do You Receive Payment?
Of course, this is the question that most people ask; once a settlement has been reached, how long does it take to actually receive a cheque? As you would expect, these processes take time, but once the order of settlement has been signed by both parties, the other party’s legal team would advise their client to issue the cheque. You will probably have to agree that no further legal action can be taken regarding this case and it should take no longer than 2-3 weeks to receive the settlement cheque.
What Happens When You Win A Court Settlement?
When a judge awards in your favour, he or she will state how much time the other party has to make the payment and should payment be late, you can claim additional interest.
What To Do When You Wish To File A Lawsuit
The first thing to do is talk to a litigation lawyer about your intention. An experienced litigation lawyer can advise you regarding whether or not to go ahead with the lawsuit. Some lawyers operate on a no win-no fee basis, which means you only pay legal fees if you win. The legal expert would take a look at the evidence, listen to your story, and he or she would give you a professional opinion of your chances if you choose litigation.
Once you start litigation, you should always heed the advice of your lawyer, and the process can seem to take a long time, as there are procedures that must be followed. If you have the evidence and a good litigation lawyer, you should end up with a satisfactory outcome.
About The Author
Ashley Rosa
Ashley Rosa is a freelance writer and blogger. As writing is her passion that why she loves to write blogs related to the latest trends in technology and sometimes on health-tech as well. She is crazy about food.
