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How Long Does it Take to Settle a Personal Injury Claim?
It is normal to want your personal injury claim to be resolved as quickly as possible. It is critical, however, not to rush into a fast settlement. This can put you at significant risk of accepting less than you deserve for your injuries and losses. If you are curious about how long it will…
Are Personal Injury Settlements Taxable?
Most of the work is completed once you resolve your personal injury case and receive a fair settlement from an insurance company in Texas. However, you must not forget to consider the possible tax implications of your personal injury settlement. Although, for the most part, personal injury settlements are not taxable, some exceptions apply….
How Does the Car Accident Settlement Process Work?
If you get injured in a car accident, you will file an insurance claim to receive financial compensation for your medical expenses, property repairs, and other costs. After you file, you and the insurance company will go over the facts of the car accident and enter into negotiations, if the claim is accepted. Although…
The Most Common Types of Personal Injury Cases Â
Personal injury is an area of civil law that allows an injured accident victim to seek financial compensation, known as damages, for his or her losses. A personal injury lawsuit has the power to make a victim whole again – to restore the victim to the financial state that he or she would have…
How Are Personal Injury Settlements Paid Out?
You might think that coming to a settlement agreement with an insurance company is the end of your claim. Next, however, is waiting for the settlement check – and distributing it accordingly to pay off your debts. Understanding how personal injury settlements are typically paid out can help you know what to expect in…
What Are Punitive Damages? Â
If you have grounds to file a personal injury lawsuit in Texas, you could receive financial compensation from the defendant for causing your accident. This compensation is known as damages in personal injury law. There are two types of damages: compensatory and punitive. Compensatory damages make you whole again by fully compensating you for…
What Are Economic Damages in a Personal Injury Case?
You may encounter many terms you are unfamiliar with during a personal injury case in Texas, including economic damages. Economic damages refer to the real, specific losses you suffered financially because of your accident and injuries. The term is also used to describe the financial compensation available for these losses. Economic Damages vs. Noneconomic…
What Are Special Damages in a Personal Injury Case?   Â
If you are injured by someone else’s careless, wrongful or criminal act in Texas, you may be eligible for financial compensation from that party’s insurance provider. The legal term for this financial compensation is damages. There are two main categories of compensatory damages available to reimburse a victim in a personal injury case in…
Is It Better to Settle Or Go to Court for a Personal Injury Case?
When most people picture personal injury lawsuits, they imagine large courtrooms full of people and full-blown jury trials. Although this is a possibility for a personal injury case in Texas, it is not a probability. The vast majority of personal injury claims settle – they do not go to trial. Knowing what is best…
How to Protect Your Personal Injury Settlement
You might think the work on your case will end when you receive a personal injury settlement. However, there are still steps you need to take to protect the money you receive from an insurance company or defendant. Protecting your settlement means making sure a creditor cannot file a lien against it or take…