Mendez and Sanchez Personal Injury Lawyers in Los Angeles
The statute of limitations for personal injury claims in Los Angeles typically varies depending on the type of case. Generally, you have two years from the date of the injury to file a lawsuit. However, certain exceptions and special circumstances may apply, so it's crucial to consult with a personal injury lawyer to understand the specific deadlines relevant to your case.
The duration of a personal injury lawsuit can vary depending on several factors, including the complexity of the case, the willingness of the parties to negotiate, and the court's schedule. Some cases can be resolved through settlement negotiations within a few months, while others may take years to reach a resolution, particularly if they go to trial. Your personal injury lawyer can provide a better estimate based on the specifics of your case.
In a personal injury case, various types of damages can be claimed, including medical expenses, lost wages, pain and suffering, emotional distress, property damage, and loss of consortium. Your personal injury lawyer will assess the specifics of your case and help you determine which damages are applicable and the appropriate compensation you should seek.
California follows a comparative negligence rule, which means that even if you were partially at fault for the accident, you may still be able to pursue a personal injury claim. However, your compensation may be reduced based on your percentage of fault. For example, if you were found to be 20% at fault, your total damages would be reduced by 20%. Consulting with a personal injury lawyer can provide clarity on how comparative negligence may affect your case.
In general, personal injury settlements are not taxable under federal law. The Internal Revenue Service (IRS) considers compensation received for physical injuries or illnesses as non-taxable. However, there may be exceptions for certain types of damages, such as punitive damages or compensation for emotional distress unrelated to a physical injury. It's advisable to consult with a tax professional to understand the tax implications specific to your settlement.