A vast majority of civil litigation revolves around personal injury lawsuits, featuring common cases like defective products, construction accidents, medical malpractice, and traffic accidents. There are times when filing a lawsuit may be a great option and times when you need to come up with another strategy. Here are some factors that help you make the right decision.
Assets
Before going to court, you need to assess how much you can receive, if any, should you win the personal injury lawsuit. Economic times are tough, meaning businesses and people may not have a lot of assets for you to collect compensation from. To make matters worse, you may have a hard time finding legal consultation because there is little money to be won from your case.
The only real way to collect is if the defendant has a job, money in the bank, or some real estate and possessions that could be liquidated. If the defendant has little or no assets, you can still follow other options. You could try direct negotiations with the offender, where they pay for some of the medical costs or services you require. It’s important to get these agreements in writing, though, in case the other party defaults on their payments. Read more from this blog: http://bit.ly/2l9DfMD
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