After a car accident, you may determine that it is a good idea to pursue an accident case. A lawyer can help you develop a plan to pursue a lawsuit, and this may involve pursuing compensation related to pain and suffering. So, how do pain and suffering factor into your lawsuit? Here's what you need to know before your case.
Understand Pain & Suffering Claims
The first thing you need to understand is that pain and suffering is not an economic damage you can collect.
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For the vast majority of individuals and couples considering bankruptcy, the choice is between filing a Chapter 7 or 13 petition. Chapter 7 bankruptcy means liquidation, and Chapter 13 bankruptcy means restructuring. But what does it mean to liquidate or restructure your debts?
Liquidation
When a court liquidates someone's debts, those obligations are considered settled. The credit agencies can put the Chapter 7 bankruptcy on the petitioner's record, but the creditors can't ever pursue the debts again.
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Waiting for a settlement after a car accident can be a long process. Insurance companies can take months to get the details of the accident in order to determine how much your settlement will be. If you are also suing the driver directly for pain and suffering, this process can take even longer. When it comes to deciding how much money you should be paid for your pain and suffering, there is no special formula to decide.
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Since every profession comes with its own set of potential occupational hazards, employees should anticipate occupational injuries even if the employer offers a safe working environment. When you're prepared for any eventualities, you have an easy time moving past difficult situations and getting your life back on track.
That said, you've got to acknowledge that sometimes you need the professional intervention of a workers compensation lawyer to deal with your predicament.
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If debts are bugging you and you can't seem to find a way to get out of them, you may want to consider Chapter 7 bankruptcy. It's a great way to write off your debts and rebuild yourself financially.
While many people file for bankruptcy, very few understand the Chapter 7 bankruptcy law. As such, people always have a load of questions that they need to be answered. Here are the most common questions.
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