Written by attorney Regina M. Campbell

Understanding the 4 Key Types of Damages Available in a Breach of Contract Settlement

When a contract is made, it creates a legally binding agreement that protects the interests of each party. If one party breaches the terms of the agreement, it can cause considerable problems for the other. Thankfully, the wronged party can choose from several legal remedies to make up for any losses. One of the most common remedies comes in the form of damages, or monetary awards, which are further broken down into four general categories.

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If you’re involved in a breach of contract claim, you can probably expect to deal with compensatory damages. That being said, every case is different. If you’re the plaintiff, you may be entitled to more than you expect—and if you’re the defendant, you may be able to access a better legal defense. A knowledgeable lawyer will be able to tell based on the particulars of your case. Call The Campbell Law Group ( +1 305-460-0145 to make use of our insightful and skilled legal counsel. We will make sure that you get the best possible outcome.

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