Any automobile accident, whether it involves a motorcycle, car or truck, can cause serious injuries and property damage. If the accident is the other driver’s fault — for example, they were driving distracted or intoxicated — then you can make a claim to cover damages with their insurance. While this process seems like it should be relatively straightforward, it can quickly get convoluted and complicated. Here’s an overview of the claims process and what to do if the insurance company offers you a settlement shortly after the accident. A Word on Insurance Companies Though you may pay them a steep price each year for coverage, insurance companies won’t immediately jump in to cover your costs when you get in an
There’s never a good time to struggle financially, but debt hits even harder right now. Many folks have either lost their job or experienced income losses because of this global pandemic. A public health crisis of this magnitude is difficult to endure even when you aren’t in debt. Debt is difficult to endure even without a pandemic. Coupled together, there’s a sense of hopelessness that’s rippling throughout society, in every corner of the country. Though bankruptcy is bigger than this moment—it’s a time-tested solution that existed before this and will be here long after it’s over—it’s particularly vital now. And its potential to offer hope is bigger than ever. Everything that’s true about bankruptcy in ordinary times applies now. My
Though the challenges of this pandemic are universal, it has impacted different demographics in different ways. Baby boomers are in a tough situation given the widespread unemployment combined with how difficult it can be to get a job later in life. According to the Transamerica Center for Retirement Studies, COVID-19 has negatively impacted almost 58% of boomers in the workplace. That’s millions of hard-working people just trying to endure this tough time, like Sue Sweetra, a Colorado-based nurse who was laid off after all elective surgeries were canceled. She told the Wall Street Journal that she began volunteering at a farmers market, where she received free boxes of produce, to help stretch her budget. She was also forced to sell
On Tuesday, the Centers for Disease Control and Prevention issued a temporary halt on evictions through the remainder of the year, citing the public health risks of moving people into shared living spaces or shelters. “The ability of these settings to adhere to best practices, such as social distancing and other infection control measures, decreases as populations increase,” the CDC said in the order. For many U.S. renters, this comes as a welcome relief—and it hopefully will alleviate some short-term financial stress. However, with complicated requirements, experts say it could be difficult to enforce. “There will be a lot of confusion,” National Coalition for a Civil Right to Counsel attorney John Pollock said to CNN Business. “Tenants will have confusion
Did you know that every seven seconds, someone gets hurt in the workplace? As a Memphis workers compensation lawyer I know that too often, these injuries are avoidable. The pain an employee suffers is preventable. According to the National Safety Council, one injury every seven seconds adds up to… 510 injuries per hour 12,600 injuries per day 88,500 injuries per week 4,600,000 injuries per year Learn how to prevent these top injuries. Some injuries and accidents are more common than others. 84% of nonfatal injuries stem from three causes: overexertion, slip and falls, and contact with equipment and objects. Overexertion Involves lifting or lowering and repetitive motions Causes 33.54% of all injuries Top prevention tips: The NSC recommends taking short
Bankruptcy Lawyer Bankruptcy is complex and confusing, especially to anyone who does not practice Bankruptcy Law. If you are planning to file for bankruptcy, you might have many questions and concerns. Although you should discuss these with a lawyer, there are some dos and don’ts you can begin to understand right away. What You Should Do Before You File for Bankruptcy Call a Bankruptcy Lawyer – As soon as you think you are in too much debt, you should meet with a debt and bankruptcy lawyer who can discuss your financial situation. A lawyer can provide you with the knowledge and advice you need to move forward. Please don’t wait until the last minute, call our firm today. Be Honest
If you’re stressed about making your student loan payments, there’s some good news. The payment suspension legislation has officially been extended through December 31, 2020. All in all, it’s a 10-month hiatus. The suspension is intended to be a critical lifeline for the many Americans who are struggling right now. Wesley Whistle writes for Forbes: “According to a 2017 Federal Reserve study, the median monthly student loan payment is $222, so the suspension will yield the median borrower a potential savings of $2,220 for the year. That extra money can provide much needed relief to borrowers who are struggling due to the pandemic.” Whistle notes that borrowers who aren’t struggling financially should think about continuing to make payments during the
A car accident can rack up a lot of expenses in property damages and medical costs if you are injured. Getting your life back on track afterward doesn’t just mean recovering from your injury, but recovering from any financial losses you have suffered because of the accident. Every situation is different, and the amount you receive in compensation for your accident depends on these five factors. Insurance Policies While hopefully all drivers in an accident are covered, not all of them may be covered the same way. Those with minimum coverage may only be able to pay up to a certain amount in damages and injury costs. This matters significantly if the other driver caused the accident. Though you may
Social Security Disability benefits (SSDI) are critical to recovering and getting back on your feet after an injury or illness. Simply qualifying for SSDI is relatively easy. Anyone who is medically unable to work and who has worked long enough to get necessary work credits is eligible to receive benefits. But as our Memphis Social Security Disability lawyers know too well, actually getting your application accepted is easier said than done: as many as 70% of applications are denied on their first try. There are numerous reasons for a denial, but these are some of the most common factors: Lack of medical records Missing documentation of work history Not enough medical evidence Unclear description of how your work life has
From the standpoint of mental health, this pandemic is a recipe for disaster. Not only are folks grappling with unemployment, financial stress, and grief, they’re doing so in a period of isolation, with limited access to the support systems that ordinarily get us through tough times. “Millions of Americans have lost their jobs,” Jack Kelly writes for Forbes. “They’ve watched helplessly as their meager savings dwindled away, as they were confined to their homes—prohibited from interacting with friends, attending church, temple or music and sporting events due to restrictions enacted in response to the Covid-19 pandemic. This resulted in a profound impact on the mental health and emotional well-being of people.” Numerous respected public health institutions, including the Centers for