Victims of accidents can put their lives back together after receiving a settlement for personal injuries. Our customers have substantial medical bills due to their injuries and require frequent pharmacy visits. All of these costs might quickly pile up.
When filing a claim for damages due to an accident, many customers wonder how long the process would take. Regrettably, there is no simple solution. The specifics of your case will determine every other factor. There are cases where a claim can be settled in a few weeks with the help of an attorney. Settlement negotiations might sometimes take as long as nine months. Even if your case is settled out of court, you still might have to wait over a year to get paid.
Redkey Gordon Law Corp discusses the most significant aspects that will impact the length of your claim in this article.
Is There a Question Regarding Liability?
If a person is not liable (or “at fault”) for an incident, they are not required to make restitution for any damages caused by the incident. Imagine that you are the one to blame for the passing away of another person because you ran a red light. Because the other driver is not obligated to reimburse you for the collision because you are too responsible, If they were found to be at fault, then, and only then, would they be required to make restitution under the law.
Sometimes, the error will be patently clear. If this is not the case, both sides may spend several months examining the problem by questioning witnesses, reviewing evidence, and researching the applicable legal precedents. The case resolution will take significantly longer if guilt is disputed during a personal injury action.
How Are Your Wounds Serious?
A personal injury claim’s resolution time will increase in proportion to the severity of the plaintiff’s injuries. Some of the causes are as follows:
- It can be advantageous to put off settling down until you’ve accomplished everything you’re capable of doing. At this point, we are in a position to negotiate a reasonable sum for payment.
- When there is more risk, insurers are motivated to investigate faults more extensively. In addition, the expenses that are linked with significant injuries are typically substantially higher.
- When a significant amount of money is at stake, insurers are more likely to blame the accident on the policyholder for causing it. Because of this, we may have to take legal action.
If the injuries received were minor and the victim would heal in a month, a case may be settled quickly. If surgical intervention and subsequent rehabilitation are necessary, one should prepare for an extended waiting period.
Does The Defendant Have An Intention To Pay A Settlement?
There is a chance that some of the defendants will wish to negotiate a resolution of the dispute. If, for example, the case is met with negative headlines, they may try to hush the critics by paying out a reasonable settlement to silence them. Possible acquisition targets may seek to lessen their commitments to shareholders and employees by acquiring other businesses.
Just How Much Financial Assistance Do You Require?
There have been a significant number of victims of recent accidents who are in desperate need of financial assistance. Because of their injuries, they cannot work, yet the ever-increasing bills associated with their treatment continue to pile up in their houses. They have compelling reasons to agree to the terms of the settlement offer made by the defendant.
Even yet, you should never settle for a sum of money that is less than what you are worthy of receiving. When two parties reach a settlement agreement, one agrees to release the other from all further claims against the defendant. This eliminates the possibility of receiving financial compensation in the future.
