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2007-04-14 17:05:01 · 3 answers · asked by youaremysunshine47 2 in Business & Finance Insurance

I never agreed to the amount on the letter,but it is significantly more than the verbal offer they made which I did not accept either. If I accept the amount written on the letter are they then required to pay it?

2007-04-14 17:58:13 · update #1

3 answers

In what manner? It's not BINDING until you agree to it. That means, they can withdraw the offer, at any time, if you haven't yet agreed to it. Then there are BINDING documents that get drawn up, that you have to sign, THEN the check gets handed over.

2007-04-14 17:21:49 · answer #1 · answered by Anonymous 7 · 0 0

The amount on the release may include the medical bills that they have to pay your auto/medical insurance provider. The amount discussed may be the money that will be coming to you.

Don't sign anything until you are clear on the settlement amount.

2007-04-16 20:18:12 · answer #2 · answered by frozenbaugh 2 · 0 0

yes

2007-04-15 00:14:19 · answer #3 · answered by oldguy 6 · 0 0

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