Your Ideal Accident Case Settlement is On Your Desk – Now What?
If you didn’t need a Fairfax accident lawyer to settle your case, you’ll be responsible for finalizing your accident case settlement as negotiations draw to a close. The actual process is a simple signature on the settlement release, but that one signature could seal your future rights to file a lawsuit if you don’t read the fine print.
A general settlement release will typically contain legal jargon that amounts to giving up your rights to pursue any future legal action against the insurance company or the other driver. This means that if your settlement runs out before you’ve paid off all of your damages you have no ability to file another claim or lawsuit.
This is where it’s important to be absolutely certain that the amount for which you are about to settle your accident case is enough to cover your current damages and future projected losses.
Paying Off Your Medical Debts with Your Case Settlement
Your medical debts will most likely be the largest portion of your settlement, if not the only portion. There are certain medical debts that you will be personally responsible for repaying with your settlement funds, but the insurance company won’t tell you this. They’ll issue the check and be done with you; there will be no guidance as to how your settlement should be used.
Don’t look at your settlement check as fun money – watch your mail carefully for letters from any entities that paid for your medical care as you settled your case. If you are unsure of who you owe money to and for which expenses, it may be that you do need a Fairfax accident lawyer to advise you on the finalization of your case. Insurance companies do not have to help you pay back anyone to whom you owe money.
You Didn’t Need a Lawyer for Your Accident Case Settlement, but We’re Still Here to Help
If you made it to the case settlement point without needing a lawyer, congratulations! But before you sign those last documents and finalize your settlement, make sure all of your affairs are in order. Remember, I’m still here to help.
If you think you’re ready to handle your case on your own, I encourage you to visit my website and download a FREE digital copy of my book, Get It Settled! The Accident Victim’s Guide to Settling Your Case Without Hiring a Lawyer. Of course, I won’t leave my clients hanging in the wind – if you think you really need an accident lawyer to help settle your case, contact Ben Glass Law at our website or give us a call at 703-584-7277 and to set up a consultation.