How Will I Collect My Settlement?
Once your personal injury trial is over, and the court has answered in your favor, you’ll then begin the process of collecting your settlement. This is where things can get tricky, depending on if the debtor, or defendant, can pay the settlement amount and what type of defendant you may have been in court against. In order to make payments on your medical expenses and get your life and recovery back on track, you’ll want your settlement as quickly as possible, and we at GetMeJustice.com want you to be prepared on what to do, or what you may experience, during the settlement collection process.
Collecting A Settlement From A Business
For an example, let’s say you’ve experienced a slip and fall accident in a big name grocery store. When you take the accident to the courts in order to gain compensation for your injuries, you’ll typically be going against a business in trying to get the settlement you deserve. When collecting a settlement against a business, particularly a big business, the defendant will often want to settle the case out of court and agree on a settlement with you. This is often done in order to avoid the added costs of a trial, and collecting settlements from these types of cases is typically relatively easy.
Collecting A Settlement From Debtor Who Cannot Or Will Not Pay
Not all settlement collection processes are easy, and there are times when a debtor either refuses to pay or is unable to pay the settlement the court has ordered them. When this happens, things can get tricky, but there are ways in which you can still collect your settlement in a timely fashion.
If the reason the settlement cannot be collected is a refusal to pay, the injured party may have to take the debtor back to court once again to have any chance at having their compensation awarded to them. These can often create very difficult situations for those looking to pay their medical expenses, lost wages, or any other damages incurred due to an accident resulting in injury, but they can be resolved with time, energy, and effort.
If an individual cannot pay the compensation they were court ordered to pay, there are ways that that the settlement can be paid over time. One way is through wage garnishing, which automatically takes a percentage from their weekly or monthly paycheck and puts it toward the settlement amount they are required to pay. If the debtor is a business, their business bank account may also be garnished similarly to ensure the settlement is paid to the injured party.
It’s also important to remember that the time you may have to collect your settlement can run out, but bringing your case before a judge once again can allow your time to be renewed. This allows those who have been injured in an accident, and are facing difficulties collecting their settlement amount, to still get the compensation they require regardless of the time it takes to receive it.
At GetMeJustice.com, we want to help you to get the compensation you need to recover or improve your quality of life after an accident of any kind. We know how difficult the settlement collection process can be, and we want to help those who receive settlements after a case to get just what they need. If you’ve been awarded a settlement after any sort of accident, or you’re looking to bring your own injury case to court in the hopes of a settlement, simply contact us at GetMeJustice.com today!
