There are many kinds of damages or compensation you may be entitled to following a personal injury accident. One of the most common types is compensatory damages. They are awarded to compensate a plaintiff (victim) for actual expenses and losses caused by an accident.
After an accident, you may have heard the terms bodily injury and personal injury when filing your claim. While they may sound similar and be used interchangeably, they are different legal concepts.
In most situations, once you accept a settlement offer by signing a liability release, you are in effect relinquishing your right to reopen or pursue that personal injury claim further. The liability release legally binds you to comply with the conditions of receiving compensation.
If you file a personal injury lawsuit, there is a significant chance that the at-fault party’s attorney will ask to take your deposition at some point. It is often one of the most challenging and intimidating parts of the litigation process.
A personal injury settlement agreement is a legally binding contract that two parties to a lawsuit enter into voluntarily. Most personal injury cases never make it to trial and instead, the parties negotiate the terms of an agreement.
When you are in negotiations or after you have received a personal injury settlement, it is normal to wonder if it is considered taxable income in California. The majority of it is not, but some portions can be depending on the types of compensation you receive.
When you’re hurt in a personal injury accident, you may wonder how much your case is worth. Since each case is unique, there is no simple answer, as there is a multitude of factors that affect a claim’s value.
Writing a “demand letter” is one of the initial steps taken in the personal injury claims process. The demand letter is a document sent to the at-fault party’s insurance company, explaining your side of the story, the losses you have incurred, and the total amount you are requesting as a settlement.
