How To Determine When It's Time To Accept A Settlement


When you are trying to settle a personal injury case, you might not want to wait too long. After all, you have bills to pay and you don't want to wait so long that evidence starts to disappear. Witnesses forget what happened and other tangible pieces of evidence can eventually become lost. However, you also won't want to rush into a settlement because you may end up being paid much less than your case deserves. There are several ways to determine if it's time to settle your personal injury case.

Settlements Only Happen Once

You will only have one chance to settle your case and receive compensation. Therefore, you'll need to know whether your personal injury case is proceeding at the right pace. You may have a different time line with your case than what the timeline would be for another type of case. The other individuals involved and the insurance company you're working with can affect how long it takes to settle your case.

You will need time to compile information so you can make a good case. You will also need to understand the nature of your injuries and how they affect you day-to-day, both physically and emotionally. You will need to consider the ways that you have suffered financially as a result of the accident. This not only includes the medical expenses you have had to pay for but also the lost wages due to being out of work as well as future lost wages you expect due to your injuries. You must also gather physical evidence and witness statements.

Beware of the Statute of Limitations

You will still need to make haste because the statute of limitations for a personal injury case is limited to a certain number of years depending on the state you live in. However, you will be able to reach a settlement more quickly with the help of a personal injury attorney.

One way that an attorney can speed up time is by causing the insurance provider to settle more quickly. Many insurance providers recognize that they cannot trick you when you have legal representation.

You also do not need to rush because something traumatic has happened to you, and you should be focused on your recovery. Rather than being stressed over the idea of pursuing your case, you are best off having your case handled by a legal team experienced with your type of case. For more information, contact a personal injury attorney.


1 October 2020

Working With A Lawyer

If you are injured in an accident, what is your first move? While getting medical care should be your first priority, the fact of the matter is that working with the right lawyer can be incredibly helpful in making it easier to prevent problems. For starters, your lawyer can talk with you about what to do in order to prevent problems with your paperwork, and he or she can chat with you about what to do when you start getting calls from other attorneys talking about the case. On this website, check out great tips and tricks you can use to prevent problems with your recovery from a financial perspective.