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3 Things to Consider About Lawsuit Awards and Settlements

Filing a lawsuit against a negligent driver is sometimes the only option if you want to avoid bankruptcy. Property damage, catastrophic injuries and deaths, as tragic as some of these things are on a human level, have serious financial implications. If you file a lawsuit, there are several different ways that it can turn out. Here are some of the things you can expect.

The Jury Awards You Money

This is one of the ways that you can win a lawsuit and, for most people, it's how they think of a lawsuit being won. After hearing your case argued in court, the jury finds in your favor and awards you financial compensation. The jury may not award the entire amount you're seeking. They may also not award for certain parts of the claim. For instance, they may award you money for the property damage you suffered but decline to award you any compensation for pain and suffering.

The Defendant Offers You a Settlement

A settlement means that you're offered a sum of money directly by the defendant. This may happen because they can't afford the costs of a jury trial or because they're sure that you're going to win your claim if you do go to court. Your attorney will help you to negotiate a sum and the decision of whether or not to take it is always up to you. If you feel that you're being offered enough money, you can take the settlement. If you want to go ahead with the lawsuit, you can.

You Don't Win

This is a very real possibility. Even if you know in your heart of hearts that you should receive compensation, the jury may not agree with you and the party you're suing may not feel that there's really any point in offering you a settlement. Working on a contingency agreement with an attorney is the best way to make sure that you don’t end up paying legal fees if you lose.

A DFW car wreck lawyer can let you know whether or not it's worth it for you to pursue a lawsuit against a negligent driver. A car accident lawyer in Dallas will also be able to represent you if they feel that they're the best attorney for you. Make sure you contact one quickly, however, as time may be running out for your opportunity to even file a lawsuit.

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