Receiving A Settlement From A Catastrophic Accident

If you have been seriously injured in any type of personal injury accident

, you will likely face financial difficulties. Aside from the cost of your medical treatment, you will also have to worry about lost wages if you are unable to work after the accident. To receive just compensation for these and other financial losses, it is important to consult with a personal injury lawyer who can help you ensure a favorable outcome in your case. Most cases settle before trial. However, the process of reaching and receiving a settlement is lengthy and meticulous, and it usually takes months or years before you will receive any money in your case. Here, I discuss the process of how a settlement is reached after a catastrophic accident.

First and foremost, it is advisable to seek the services of a personal injury lawyer who is experienced handling your type of case. During your initial consultation, the attorney will discuss the merits of your case and present you with your legal options. Before you sign any documents, however, be sure that you fully understand the financial terms of the contract. Most lawyers work in a contingency fee basis, which means you won't pay an attorney's fee unless you receive compensation for your injuries. But you also need to ask if you will have to pay any investigation or other costs if the case is lost.

Once hired, your lawyer will begin the investigation process by gathering evidence, interviewing witnesses and studying the police report of the accident to begin building a solid case. Your attorney will also coordinate with your doctor to obtain your medical records. After all of the evidence is collected, the attorney will file a personal injury lawsuit in court. Once the other party is notified of your intent to sue, they will likely hire an attorney who will conduct their own investigation to disprove your claims. This part of the process may take weeks or even months to complete.

If the other party knows that they are at fault, it is often the case that their attorney will enter into negotiations to settle the case out of court. The process can be lengthy, and typically involves a series of offers and counteroffers. Your attorney is required to present every offer of settlement to you, and provide advice as to whether or not it is a fair offer. If the other party offers a settlement that you and your attorney believe will justly compensate you for your injuries, then your attorney will accept the offer of settlement, and the case will never go to court. If you cannot reach an agreement with the other party, your lawyer will take the case to the court, which could take several months before a verdict is reached.

It often takes about month from the day that a settlement agreement is reached to the day the client receives the money, though it can take longer if there are unusual circumstances in the case. In Texas, the personal injury attorneys at the Snapka Law Firm do everything in their power under the law to make sure their clients receive settlement money as quickly as possible. Call 866-888-7676 to schedule a free consultation, or visit http://www.snapkalaw.com to learn more about the firm.

by: Priscilla G. Nelson

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