Can I Be Forced to Sign a Release to Have Settlement Money Given to Me By My Attorney?
Full Question:
Answer:
The answer will depend on the type of release you are referring to. A release is often part of the settlement offer. This type of release states that you will no longer pursue a court claim against the other party over the issues the settlement covers. Because it is a term of the offer, a failure to sign a release may cause the offer to become void and the case may then proceed to trial.
In some cases, such as a trustee releasing assets to a beneficiary, a release is used to state that the payee has no claim against the agent who is disbursing the funds for improper handling of the monies. Generally, in such cases a waiver isn’t required by law, it is a matter of personal or business policy. This type of release deals only with the delivery of the funds by a third party.