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Car Accidents May Lead to Bankruptcy

Car Accidents May Lead to Bankruptcy

by Staff Blogger | December 6th, 2016

No one wants to file bankruptcy. Although there are some great bankruptcy lawyers in Alabama who can minimize the financial damage, filing always feels like a defeat. If you’re like most of us, you don’t think it could ever happen to you, but the truth is, you may be just a car accident away from finding yourself in a financial nightmare.

The leading cause of bankruptcy in the U.S. is medical bills. For many folks, those medical bills are a direct result of a car accident they weren’t expecting or prepared for. But it’s not the amount of medical care they need that gets them in financial trouble; it’s the amount of money they agree to accept for their injury claim. You only get one chance to get the money you need for your injuries, and that money comes from the insurance company. But once you sign, that’s it. The insurance company is no longer responsible for your injuries. If you take too little, you may get stuck with the medical bills once the money runs out.

That’s why you should always consult with an experienced Alabama car accident attorney before signing anything from the insurance company. At Norris Injury Lawyers, we’ve helped injury victims in Alabama get the compensation they deserve for decades, and we’re ready to help you too. Give us a call today for a free consultation. Your financial future may depend on what you do next, so contact us immediately.


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