Saturday, October 5, 2013

How Much Do I Stand To Recieve?


The amount of monetary compensation you stand to receive if you win a personal injury lawsuit is an important consideration when it comes to deciding whether or not to sue. There are many factors that can affect the size of the settlement. It may be a good idea to consult with a knowledgeable personal injury lawyer before proceeding with legal action. A legal professional will be able to assess your situation and determine the best course of action. The size of your monetary compensation may depend on several factors. To help estimate the potential financial compensation, answering the following questions may be helpful:

How much did you incur in medical expenses due to your injury? The negligent party responsible for your injury may be liable for compensating you for all the medical expenses you had shoulder as a result of your injury. It is important that you properly document everything concerning the treatment of your injury. Receipts for medication, doctor's visits, transportation back and forth between your home and the hospital, etc. Obtain a written statement from your doctor if possible, attesting to the nature and severity of your injuries. Your attorney can use this information in the building of your case.

How much did you have to shell out in other expenses? If you were in a car accident, the negligent party (or their insurer) may be liable for all repairs to your vehicle, and if your vehicle is totaled, for compensating you with the market value of your vehicle. Again, keep all receipts, and properly document expenses such as towing services, auto shop bills, replacement auto parts, etc. Sometimes, the negligent party's lawyer may claim that damage to your vehicle was not due to the accident, and was preexisting. To combat this, try to obtain records that detail the condition of your vehicle prior to the accident. A mechanic may be able to assess your vehicle, and determine whether or not specific areas of damage were due to the accident or were sustained prior to it. Your lawyer can help you figure out which expenses you should report.

How much pain and suffering did you experience? The negligent party, if proven to be at fault, may be liable to compensate you for your pain and suffering. It is important to prepare a detailed, written account of the timeline of events pertaining to the accident. Document your injuries even after the accident. If you feel pain in your arm two weeks after the accident, write it down. No matter how small an ache or pain might seem, it might be an early sign of a more serious injury that may manifest itself in the future. A personal injury lawyer can help you put together your account of the event and build your personal injury case.

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