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When Will I Receive My Full Compensation?
It depends. If The Odom Firm helps you reach a settlement before the government or other condemning authority has to file a lawsuit, you will have the money soon after settlement. If the claim is not settled before an eminent domain lawsuit is filed, there will be legal proceedings in which The Odom Firm will file answers for you requesting full compensation and a jury trial.
In most cases, the government will deposit into the court its estimate of just compensation. We will attempt to get those funds immediately but will have to work with any lienholders. Receiving the deposit - your first check - does not take away your right to ask for more money. If you owe taxes on the property or there is a lien against the property, all or part of the money might have to go to pay those debts first. If in the course of the legal process, the court finds you are entitled to more money, you will receive that at a later date.