When you are hurt in a car accident caused by another party's negligence, you can hold the responsible party accountable and pursue fair financial compensation by filing insurance claims. However, there are several popular notions about the car accident claims process in California.
No one likes to think about an accident happening to themselves or someone they love, but the reality is they can happen to anyone — regardless of how careful you are. When they do, it’s essential that you seek medical care — even if you don’t think you’ve been injured.
In California and throughout the United States, we rely on semi-trucks to move goods from one place to the next. While these tractor trailers are a necessary part of life, their sheer size and the realities of the trucking industry can lead to accidents with devastating consequences. When a passenger vehicle collides with a semi-truck, the results have the potential to be disastrous for the people in the passenger vehicle.
Most Californians spend at least some time behind the wheel of a car on a regular basis. Cars and trucks are a fundamental part of our daily lives, yet they can be the source of incredible difficulty if you are involved in an accident. A car crash can lead to significant injuries and property damage, leaving you feeling overwhelmed at the prospect of getting your life back on track after an accident.
California drivers log nearly 341 billion miles in their vehicles each year. With a population of approximately 40 million, 26 million of them are licensed drivers. That averages out to about 13,000 miles per driver each year. During those 341 billion miles on the state’s highways and byways, the chance that you’ll be involved in a collision once, twice, or even three times in your life is better than you think.
If you are exploring options for financial relief, you may have considered filing for bankruptcy. According to the American Bankruptcy Institute, an estimated 39 million Americans have filed for bankruptcy at one time or another. Within this tool for debt relief, there are a few different routes you can take. Having an experienced bankruptcy attorney by your side can help.
Some people are hesitant about speaking with a car accident attorney after they have been in a crash. The truth is, there are a number of different reasons that make speaking with an attorney the best decisions you can make following an accident.
In the 12 months prior to March 1, 2020, California ranked first in the country for the number of individuals filing Chapter 7 bankruptcy (nearly 35,000) and ranked second for individuals filing Chapter 13 (nearly 12,000). That was before the COVID-19 pandemic shattered the economy.
Filing for bankruptcy may be the best — and sometimes, the only — option to get out from under crushing debt. While getting that fresh start may be right for you, it does come with some repercussions, including damage to your credit score that can keep you from getting a mortgage, auto loan, or other types of credit for years.
The average household credit card debt in California stands at $10,496, the fourth highest in the nation, while the average mortgage debt in the Golden State has reached a whopping $363,537. Since that time, household and business incomes have both suffered severe fluctuations, while home prices throughout the state have continued their seemingly unending rise.