How To Survive A Financial Crisis Following An Accident

June 19, 2017 8:32 pm

Getting injured in an accident is a shocking and painful experience. It brings normal life, as you know it, to a standstill and you start to rethink your priorities. Hundreds of thousands of people are injured in accidents each year and sadly, for many of them, life will never be the same. 

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Accidents change your life

When you think of an accident you may picture a driver of a car being involved in a collision and it is a fact that road traffic accidents are one of the most common types of accidents that occur but they are far from the whole picture.  Thousands of employees (and self-employed people who work in their own business) are injured at work every year. Thousands more are injured in accidents in public places and slips, trips and falls are very common. Of course, many people including children are injured in accidents in the home. Each personal injury should be compensated. If you are not sure how to claim the compensation, check out Thon Beck Vanni Callahan & Powell website.

Following most accidents, the injuries are mild and you can get back to work after a couple of days. Others are more serious and involve a lengthy stay in hospital followed by a period of rehabilitation. For a small percentage of victims, the accident will leave them with life changing injuries and they will have to adapt to a whole new way of life. That being the case, one would need the legal advice of experienced injury lawyers to pursue the full amount of compensation.

The most pressing problem immediately after the accident is the pain and discomfort. The doctors who are treating you will be able to give you pain relief and perform the surgery or procedures that are needed to help your body heal. However, you soon realize that the problems that you face are not just physical. You may suffer emotional stress after an accident and some people are so traumatized that they even develop post-traumatic stress disorder (PTSD). This is a serious mental health issue and it can go on for years.

The financial implications of an accident

A few weeks after the accident, victims also realize that there are severe financial implications for them and their family. If they are one of the main wage earners of the family, there will be a big drop in income. Some workers have sickness payment schemes in work or private accident insurance but many do not. The bills keep coming in but there is no income with which to pay them.

There can also be extra bills to pay at this time. Travel expenses to hospital appointments can mount up and you may need to buy special medication and equipment. If you are badly injured you may need to make adaptations to your home or vehicle and your insurance may not always cover this.

Surviving the financial crisis after the accident

You need to take a short-term and a long-term approach to sorting out your financial security after an accident. One of the quickest ways to get some cash to see you through is to access some quick loans to help with household bills. That way you can get the money quickly and pay off your bills and support your family. Because the process is done almost entirely online you get the money quickly without having to fill in endless forms and make a lot of phone calls.

In the long term, you will need to safeguard your family’s financial future. There may be benefits and welfare payments that you can access and it is worth you looking into this as soon as you can. Some welfare organizations may be able to issue you with an emergency payment and then more regular support.

If the accident was not your own fault, you may be able to start a personal injury claim with the assistance of Friedland Associates. This is where you claim some compensation from the person, or organization, that was to blame for your accident. You will need to be able to prove that the accident was caused by someone else and that your injuries were caused by the accident. You can claim for the actual injuries and for the money that you have lost because you were injured. It can take several months or even years for a personal injury claim to be settled. In most cases, you will be awarded an out of court settlement but a fraction of cases end up in court. Keep in mind that the best auto injury lawyers in the state can be found at The Clark Law Office, they can get you an interim compensation payment to help you and your family get by.

The most important thing following the accident is that you access all the help and support out there by getting in touch with Miami car accident law firm. Use loans and welfare payments for the immediate financial emergency and then put together a long-term plan.

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