People take legal matters into their own hands every day, and sometimes they lose money and property in the process. You can make a legally binding contract without using an attorney, but you are risking missing some big legal loopholes and laws you may not be familiar with that can not only make your contract invalid but can actually cost you in the end. When you are selling or purchasing real estate, tackling the creation of a will or even just loaning money to a friend, a consultation with an attorney can be a positive step. I'll show you when and why you need an attorney.
For those impacted by a car accident, getting things back to normal is very important. Accidents can disrupt every area of your life, from your physical and emotional well-being to your job and your financial situation. Doing things at the right time after an accident can be a bit tricky so read on to find out how to find the sweet spot that means adequate and timely compensation after your car accident.
Acting Too Quickly Is Unwise
You may not even get settled at home after a hospitalization before you are being asked to give a phone interview to the insurance adjuster. The adjuster for the driver that caused the accident will attempt to question you about the wreck and promise you a settlement check if you agree to the recorded interview. Unfortunately, you are not likely to be in the best of circumstances at that time and being pressured to talk about the accident without legal representation is extremely unwise. You might accidentally misstate a fact or make other mistakes during the conversation that negatively affects your compensation.
Accepting a Settlement Based on Incomplete Information
Another issue that impulsive accident victims are prone to is accepting a settlement before the full extent of your medical injuries are known. Future medical needs can constitute a huge proportion of a compensation package and it can be difficult to know what is in store for your future needs at first. For example, you may have suffered from a severe back injury as a result of the accident. This type of injury can take many months to heal and perhaps even years. Often, multiple surgeries are required when the back is injured. Are you really prepared to pay for those future expenses yourself? You must wait long enough after an accident to find out what your future prognosis will be so that your attorney can ask for what you need. Future medical payments are never part of a customary insurance benefit and you must demand it or take the other guy to court to get it.
Don't Exceed the Statute of Limitations
On the other hand, all car accident victims should understand the statute of limitations in their state and pay close attention to the dates. The clock starts ticking from the time of the accident. If you wait too long to file a lawsuit against the other driver's insurance carrier, your case will be tossed out of court.
The best way to avoid all of the above issues is to consult with a personal injury attorney as soon as you are able to do so. Speak to an attorney and time your case to be paid the maximum amount of monetary compensation possible. To learn more, go to websites that offer information about personal injury accidents.Share