If you’ve been injured in a car accident, or if you’re the family member of someone who has, then you may be wondering what happens to your injury case after the other person responsible for causing the crash is found liable.
In some cases, there are lienholders who have claimed ownership over money that was paid out as part of an injured person’s settlement. Injury lawyer in Kitchener knows that these liens can affect how much money gets returned to you or how much time passes before any money is returned at all—and this can make all the difference when dealing with legal costs and making other financial decisions.
How Does a Lien Get on Your Case?
A lien is a claim against your case. It means that someone who has an interest in the outcome of your case has put up some money and is asking you to pay them back. This person might be an insurance company, or another party with whom you’ve entered into a contract (like an attorney).
If you don’t pay off the lien before it expires, they can seize all of your assets until they get paid–including:
● Your personal injury settlement.
● Your insurance company’s payment.
● The check that was just given to you by the court.
What Can You Do About a Lien?
If you have a lien on your case and you want to get rid of it, there are several things that can be done.
● Pay off the lien. If the creditor is willing to forgive the debt and release their claim against you, then that’s one option for clearing up any problems with them.
● Get a release from the lien holders.
Liens on personal injury cases are very common.
The plaintiff can file a lien against your assets to make sure you pay for any medical bills and lost wages that may be out-of-pocket. The defendant may file a claim for damages in order to get paid for their injuries, but this does not prevent you from paying your own medical bills or other expenses as well as those of any co-workers who were involved with your accident.
This situation can put both parties at risk if they don’t have adequate insurance coverage or money saved up to cover these costs themselves; in some states, even if there are no liens placed on an individual’s assets by others (such as the plaintiff), it still becomes harder for them to obtain loans or work due to their financial situation being affected by these liabilities.
Liens are a reality in personal injury cases. If you have been injured and are considering filing a lawsuit against the negligent party, it is important to be aware of how liens can impact your case.
If you have questions about liens or your right to file one on your own or as part of a class action suit, contact an experienced lawyer today so that they can help you to ensure that your case is properly handled before it even begins. It’s better to start early rather than leave it for later.