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How a Personal Injury Lawsuit can Affect Your Financial Health and the Future of Your Family

It’s hard to imagine that the loss of a loved one can result in insurmountable bills, but it often does. There are several instances people can find themselves in where a personal injury claim becomes necessary. In some ways, a personal injury claim can right some wrongs. It cannot bring back a deceased love one, but it can collect for damages incurred as a result of losing a loved one, and it can take care of the financial aspects of the loss to allow for healing. People are impacted financially in several ways. A personal injury claim can help.

Loss of Companionship

Relationships mean something. A price cannot be placed on how much a relationship is worth; however, insurance companies have to determine an amount based on this aspect. This is the starting point for determining how much a claim is worth. Money can’t bring back a loved one, but it can help with bills that would otherwise be difficult to pay for. For starters, it’ll help to cover the funeral bills. In cases of wrongful death, deaths are often sudden as they are unexpected. Several families may not be prepared to pay for funeral costs.

Loss of Compensation

If a family is dependent upon a loved one for financial support, losing them means they lose financial support as well. Families and others may be able to recover money for this type of damage.

Additional Costs

At times, there are future costs to contend with. For example, there may be additional hospital visits that need to occur. Some injuries require numerous surgeries, such as reconstructive surgeries. It may become necessary for a defendant to pay future medical bills. Other damages may include ongoing monetary support, loss of enjoyment of life and on-going care needs. A good lawyer can help recover these damages that can set a family’s finances back permanently. (Source: http://thepearcelawfirm.com)

Injuries and death can happen at any time. However, they are enough to place people into financial disparity for their lifetime. This creates a domino effect and can devastate a family for generations. Personal injury claims exist to right some wrongs. It sends a message to the defendant and to others that negligence and abuse will not be tolerated. It helps to pay for bills that would otherwise not get paid. It helps take the financial burden off of those who are suffering so that they can heal in a proper way. A claim cannot reverse what was wrong, but it is a step to healing the hurt.

This article is from Lizzie Weakley, a freelance writer from Columbus, Ohio. She went to college at The Ohio State University where she studied communications. She enjoys the outdoors and long walks in the park with her three-year-old husky Snowball.

Bob Kraft

I am a Dallas, Texas lawyer who has had the privilege of helping thousands of clients since 1971 in the areas of Personal Injury law and Social Security Disability.

About This Blog

The title of this blog reflects my attitude toward those government agencies and insurance companies that routinely mistreat injured or disabled people. As a Dallas, Texas lawyer, I've spent more than 45 years trying to help those poor folk, and I have been frustrated daily by the actions of the people on the other side of their claims. (Sorry if I offended you...)

If you find this type of information interesting or helpful, please visit my law firm's main website at KraftLaw.com. You will find many more articles and links. Thank you for your time.

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