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What should I do with my personal injury settlement money?

by designonetest | Jan 2, 2024 | Personal Injury

If you have been injured in an accident and have received a personal injury settlement, you may be wondering what to do with the money. Here are a few tips: Pay off debt. If you have any outstanding debt, such as credit card debt or medical bills, use your settlement...

Do I have to pay taxes on my personal injury settlement?

by designonetest | Jan 2, 2024 | Personal Injury

The good news is that personal injury settlements are generally not taxable on the federal level. This means that the IRS will not take any portion of your funds. However, there are a few exceptions to this rule. When is a personal injury settlement taxable? A...

What happens if I lose my personal injury lawsuit?

by designonetest | Jan 2, 2024 | Personal Injury

If you lose your personal injury lawsuit, you will not be awarded any damages. This means that you will be responsible for paying your own medical bills, lost wages, and other expenses related to your injury. You may also be responsible for paying the...

What are the chances of winning a personal injury lawsuit?

by designonetest | Jan 2, 2024 | Personal Injury

The chances of winning a personal injury lawsuit depend on several factors, including: The strength of your case The willingness of the defendant to settle The experience of your attorney The backlog of cases in the court system In general, however, the chances of...

What is the statute of limitations for personal injury claims in my state?

by designonetest | Jan 2, 2024 | Personal Injury

The statute of limitations for personal injury claims in your state is the amount of time that you must file a lawsuit after you have been injured. If you do not file a lawsuit within the statute of limitations, you will lose your right to sue, even if you have a...
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