Should You Accept An Offer Of Compromise In An Auto Accident Lawsuit?
You have been involved in a car accident. Before you realize it, you are approached by the other party. They present you with the offer of compromise. The question is what do you do, accept it or refuse it? Many people are faced with this problem on a daily basis. It is important to understand what this offer means, and what are the downside and beneďŹ ts of accepting or refusing the offer. Here is everything you should know about the offer of compromise, and whether or not you should accept it after a car accident.
What Are You Offered? The first thing that you should always consider (in the presence of your attorney) is the offer itself. Is it good enough to cover all your damages? Are you getting compensated for everything, or you still have to pay for something once you accept the offer? Understanding the situation you are in is the key to winning the case. In your case, in order to obtain the highest “offer” possible, you want to discuss your situation with your attorney first and see whether or not you are in a position to negotiate the deal (in hopes of getting a better one), or reject it and face the penalties. If you do not have an attorney advise you to get one immediately. San Francisco car crash attorneys are willing to help you with your case; call offices right after the accident and schedule your free consultation.
The “Consequences� of Denying the Offer
If you by any chance deny the offer, fo whatever reason, there could b consequences. In the majority of cases, th rejecting party (you) has to pay the cou costs of the party offering th compromise. This is usually the outcome the rejecting party is unsuccessful at tria However, if you are successful, then yo have nothing to worry about.
Keep in mind that court fees can be quite expensive. Before you choose to accept or refuse a settlement offer (usually made during or before a lawsuit), speak with your attorney and analyze your entire case thoroughly. If there is even a slight chance that you may fail at trial, you may want to consider settling before the trial and accepting the initial offer of compromise. Again, you have to consider many different factors, and once you put everything on a piece of paper, it will be a lot easier for you and your attorney to analyze the situation you are in.
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