How Does the VCF Pay Your Award?
UPDATED: SEPTEMBER 21, 2018
When the Victim Compensation Fund (VCF) has issued an award determination on your claim, both you and Barasch & McGarry will receive a letter notifying you of the amount of your award. You have 30 days to appeal the award. If you appeal the award, this will stop the payment processing on your award until a hearing is scheduled and a decision is rendered. If you accept your award, you will generally receive full payment 6-8 weeks after the award determination.
Note that by accepting the award, you are not waiving your future legal rights. Essentially, you always have the right to “amend” your claim with additional conditions, disability determinations, and/or documentation that speaks to the severity of your conditions. You may amend at any point up until the VCF is set to close December 18, 2020.
If you have any questions or concerns regarding your award, please feel free to reach out to your attorneys at Barasch McGarry. We are here to utilize our knowledge and experience to make the process as easy as possible and to ensure that you receive the maximum compensation available.
1 reply on “How Does the VCF Pay Your Award?”
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