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While class members do sometimes get checks for $50 to $100, many class action settlement checks are in the single digits or even so small that the postage on the envelope is more than the settlement.

Many readers of Top Class Actions wonder what happens to unclaimed settlement money.Typically, the additional settlement funds will be distributed in one of the following three ways: Disbursement to Class Members. In some settlements, unclaimed funds will be distributed evenly to those Class Members who filed claims.

While some take nine months to a year, most take longer than a year. Some can take two years or even longer. The class action process allows the court system to work more efficiently, but that does not always translate to moving faster or getting the plaintiffs their money any sooner.

In most situations, the insurance company will send the check to your attorney's office within 30 days. Once your attorney receives your settlement check, your attorney will deposit the check into the law office's trust account.

You can deposit your settlement check like any other check you receive. Most personal injury firms, including ours, still issue paper checks to clients. The bank teller may bring over a manager to authorize the transaction, but other than that you should be good to go.

How Is a Class Action Lawsuit Paid Out? If your class action lawsuit is successful, you will receive a portion of the settlement or court award. Plaintiffs are paid by a lump-sum payment or a structured settlement. Smaller payouts are usually dispersed as a single payment.

Class Action Lawsuits give you better odds of a settlement When many plaintiffs with the same issue combine together to form a class, each person has a better chance of recovering compensation when they may not have been able to do as individuals.