The holiday season is here and the new year is around the corner. During this time of year our Philadelphia law firm sees a rise in bankruptcy and personal injury cases. Whether from the financial strain and overspending common during the Christmas holiday or the dangerous road conditions and often alcohol-fueled holiday celebrations that lead to accidents, the holiday season and new year are popular times for personal injury and bankruptcy cases.
One unfortunate aspect of working as a Philadelphia bankruptcy lawyer is knowing that a great many business bankruptcies might have been avoided. Sometimes catastrophes happen, or bad luck ruins a good business plan, but often, small and medium-sized business (SMB) owners call a bankruptcy lawyer due to inexperience or costly decisions over time. Sometimes calling a bankruptcy lawyer before the situation is too dire can yield solutions other than bankruptcy.
As a Philadelphia personal injury attorney, I field a wide range of questions from clients dealing with the difficult and painful aftermath of a car accident. Whether injured in a multi-car pile-up commuting into Philadelphia or making a quick trip to the neighborhood market, being involved in a car is stressful and often traumatic.
While every car accident has its own unique set of facts and circumstances, here are five frequently asked questions that arise regarding personal injury.
Nearly everyone filing for Chapter 13 bankruptcy does so with the best of intentions. Everyone wants their Chapter 13 to succeed, particularly if they have chosen Chapter 13 specifically so they can protect certain assets they want to hang onto. However, any Chapter 13 bankruptcy attorney in Philadelphia can attest that sometimes bankruptcies do fail.
If you have suffered bodily harm as the result of an injury or an accident you have a right to be compensated for damages caused by the party responsible for injury or accident. With most personal injury cases, the party responsible for the accident (and their insurance company) will do their best to minimize their cost and settle the case with the lowest damages award possible. Personal injury cases become more complicated where the injured party has a pre-existing injury or condition aggravated or worsened as a result of the accident.
One of the main tasks of a Philadelphia Chapter 7 bankruptcy attorney is helping our clients understand which forms of bankruptcy they may qualify for. Many people want Chapter 7, because this form is relatively quick compared to Chapter 13 bankruptcy.
When you are going to meet with a personal injury lawyer in Philadelphia, what you want to hear is that you have a great case. However, a lot of factors influence whether a personal injury lawyer will consider your case a strong one. Every case is different, but at the same time, some factors increase the likelihood that a case will be successful for a client.
As a Philadelphia bankruptcy attorney, I am often asked about the benefits of Chapter 13 bankruptcy. Despite common misconceptions, filing a Chapter 13 bankruptcy can be the best, and sometimes the only option depending upon a debtor’s circumstances. Avoiding forced liquidation of assets, like a home or car, the most common items that people want to avoid losing, makes a Chapter 13 bankruptcy more desirable than other alternatives.
Every state has specific laws and regulations concerning personal injury claims which a personal injury lawyer must be familiar with. But here in Pennsylvania, this can be particularly tricky. Pennsylvania has a set of laws covering personal injury and automotive insurance that are unlike any other in the country: “full tort” vs. “limited tort” insurance.
As a Chapter 7 bankruptcy attorney in Philadelphia, an important piece of our job is counseling people in bad financial situations. When someone has a large amount of unsecured debt that he/she is unable to pay, and the individual is being harassed by creditors, getting out from under the weight of unmanageable debt through Chapter 7 bankruptcy can sound like a great idea.