It's in fact most easily (and only correctly!) answered in terms of QED. The most simple setup is the scattering of a charged particle (electron) on an external electromagnetic field (e.g., a heavy atomic nucleus which you can approximately treat a classical static field). Then there is certain probability for the electron just being scattered elastically, emitting one photon, emitting two photons, and so on. The leading-order bremsstrahlung diagram is the one where one photon is emitted on the electron line, and energy and momentum are always conserved (when the recoil to the heavy nucleus is considered of course) conserved. Note however, that you have to take into account the infrared problems of the bremsstrahlung. You have to add also the one-loop correction to the vertex for elastic scattering, which is at the same order as the tree-level single-photon bremsstrahlung diagram (an example for the Block-Nordsieck theorem).
The other questions cannot be answered from first principles. Concerning the time at which the electron recoils, this is a meaningless idea since you cannot even unambigously define what an electron might be in the transient state of interaction. Only a delay time due to scattering can be defined by the energy derivative of the corresponding scattering phase shifts.
Also, I don't understand what you mean by "collapse of the wave function" for a photon. It's even questionable, whether there is a collapse of a wave function in a physical sense at all, where the very concept of wave function is applicable. For photons there is no such concept of a wave function.
Last but not least a Laser doesn't emit photons but (a very good approximation to) coherent states of the em. field.