Personal Injuries and Bankruptcy: How to Deal With Multiple Legal Actions
Legal matters are complicated. They are time consuming and handling them alone can be stressful. Typically if you are dealing with an insurance company after a personal injury, the insurance company will make the process more difficult for you because they have experience on their side. Anytime you have multiple legal actions at work simultaneously, the situation is bound to be come all the more difficult. Here is some advice and some explanations of how to handle a situation in which you have a Personal Injury Claim and Bankruptcy in Forth Worth matter at the same time.
Sustained Personal Injury Prior to Filing Bankruptcy
Bankruptcies serve as a fresh start and are a way to stop aggressive collection calls and mounting debt. The need to file bankruptcy can occur for anyone. What should be done if you are in the middle of a personal injury claim when the need to file bankruptcy arises? First you will need to notify both attorneys of the situation. Your Bankruptcy Attorney may be able to negotiate for some of the future proceeds to be exempted from the Bankruptcy Claim, depending on the local bankruptcy rules. They may also be able to assist you in getting some of the medical providers included in the bankruptcy. Your Personal Injury attorney in Arlington, for example, will need to get any settlements approved by the bankruptcy court prior to officially settling your case.
Sustained Personal Injury after the Bankruptcy was Filed
Thousands of accidents causing injury occur everyday. They are unpredictable and can happen to anyone at anytime. If you have already filed for bankruptcy and experience a personal injury in which you may receive a settlement, you should still pursue the settlement. Again, you will want to notify both attorneys as soon as possible. Your bankruptcy attorney can then look into exception and modification options. Your personal injury attorney will still need to get any settlements approved by the bankruptcy court prior to officially settling your case.
Attorneys are educated and trained professionals. They specialize in these types of law so that they can help clients like you receive the best results. If you have multiple types of legal actions at once, you definitely should involve an attorney so thing can be handled in the proper manner. David Kohm and Associates have 25 year experience in both Personal Injury and Bankruptcy claims. If you need help with either or both of these, call today to set up your free consultation.
