Financial tips for plaintiffs.
Traditionally, both claimants and attorneys have often struggled to pursue cases through to successful conclusions due to a lack of funds. Many insurance companies kickstart proceedings with a lowball initial offer. The insurer hopes to leverage the claimant’s fear of protracted and costly litigation and get them to accept this low opening settlement offer. If …
If you are involved in a personal injury case, it can take months or even years for the lawsuit to resolve. While it is comforting to know that the compensation you deserve is on its way, that does nothing if you have bills and expenses mounting, especially if you need time off work in the …
In some cases, the IRS can take a part of personal injury settlements if you have back taxes. Perhaps the IRS has a lien on your property already, and if so, you could find yourself losing part of your settlement in lieu of unpaid taxes. This can happen when you deposit settlement funds into your …
Can the IRS Garnish My Personal Injury Settlement? Read More »
Whether you recently received a personal injury settlement or you expect a compensation settlement to arrive soon, it’s vital to protect these funds. Fortunately, monies from injury settlements or workers’ compensation settlements are considered exempt from most liens. In plain English, creditors cannot take these monies via bank garnishment. Beyond this, you get to keep …
Can Creditors Take my Personal Injury Settlement? Read More »
If you are unlucky enough to be involved in a car accident, you are liable to face financial as well as physical damages. Indeed, these damages can weigh heavily on your overall well being while also jeopardizing your financial health. While you will be legally entitled to compensation for any injuries you sustain in an …
What Happens If I Need Money Before Receiving My Settlement? Read More »
If you are involved in an accident that leaves you with injuries, the purpose of your personal injury settlement is to help you get back on your feet. Unfortunately, while you are legally entitled to compensation for the injuries caused by the negligence of someone else, injury settlements typically take months to resolve, sometimes even …
Ways To Manage Finances While Waiting for Your Settlement Read More »
Car accidents can endanger both your health and your finances, so it pays to discover how to pay for medical care and expenses when you are waiting for your personal injury settlement. If you require medical treatment after being injured in a car accident, you should prioritize your health rather than avoid treatment because of …
8 Ways to Pay Your Medical Care After a Car Accident Read More »
Personal injury cases tend to drag on for months or even years, but the vast bulk settle either before or during trial. A case is resolved as soon as you accept a settlement offer and sign the release form, either from the insurance company or the defense attorney. What comes next, then? Ideally, you would …
Car accidents come straight out of the blue and even a slight fender bender could end up hitting you in the pocket. Even if you were not seriously injured as a result of the accident, insurance may or may not pay for repairs to your car in a timely manner. What can you do if …
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