How Long Does A Wrongful Death Lawsuit Take To Settle?
How Long Does A Wrongful Death Lawsuit Take To Settle?
Albuquerque wrongful death lawsuits do not happen right away and usually take years, if not a multitude of years. Some however can settle in a matter of months. The average wrongful death lawsuit takes between 1 and 4 years.
If you don’t plan to work with legal professionals on the case it could resolve fairly quickly. What really speeds up a case is if the insurance company offers a low settlement and the injured party accepts that low settlement.
There is a huge downside to accepting a low settlement because if the injury or loss is significant you could receive so much more by going to trial. Never settle until you work with a lawyer to understand the extent of your injuries and how much of an impact the defendant’s negligence cost you.
Many insurance companies are interested in pushing a quick settlement because it’s in the best interest of the company when they know the injuries are severe. It is also the case when the insurance company knows the victim is not aware of all of their injuries, such as injuries that have not surfaced yet. The main risk of settling when more injuries could show up is that you will have to pay medical costs out of pocket that could have been covered under a much larger settlement.
A quick settlement usually takes a few weeks or up to a month for the necessary documents to be processed before you receive the settlement funds.
The Davis Kelin Law Firm has lengthy trial experience and we are not afraid to take your case to trial to get the best outcome for you. We are very knowledgeable about the process of a wrongful death lawsuit. For more information on the process of a wrongful death lawsuit or if you have a claim you would like to speak to one of our attorneys about contact us at (505)-207-4401.
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