Personal Injury Claim Proceeds

Post reply Start a topic

Author

Message

Options

	Print this topic
	Invite a friend
	Email this topic

Bookmark online

	Add to del.icio.us
	Add to YahooMyWeb

bondgm
Guest

Subject: Personal Injury Claim Proceeds

Tue Apr 13, 2010 7:49 pm

I live in NYS and am a co-plaintiff on a personal injury settlement dating back to 2005. Part of the divorce agreement gave my ex $3,000 when the personal injury case was SETTLED. The company we were seeking settlement upon has filed Chapter 11 twice and my ex is demanding his $3,000 NOW even though he is named as a plaintiff in the case. I have no idea if I will even be receiving a settlement now that the company is bankrupt so cannot just come up with the $3,000. What is there to do?

Aaron

Joined: 08 Feb 2010
Aaron's page
Posts: 2675

48567 Magic Points

Subject: Personal injury claim proceds

Wed Apr 21, 2010 10:44 am

Hi Bond,

If you can't get the money, you need not pay your ex. However, when an insurance company goes bankrupt, the State Guarantee Fund [SGF] (supported by the insurers) of the individual state comes in to help the people who had insurance with the company. Even other businesses can buy the funds of the bankrupt insurance company. So you can try to contact your SGF.

Hope this helps.

Regards,

Aaron
_________________
Keep in touch Smile

Elmira
Guest

Subject: lRJrLfmofULwUPAg

Tue Jul 05, 2011 5:21 am

Smack-dab what I was lkoonig forty!

Discount OEM Software
Guest

Subject: dtvCWYgIHe

Fri Mar 09, 2012 4:22 am

GLrsKH Thank you for your blog post.Much thanks again. Cool.

Quick Reply

Your Name

Subject

Message body


Page 1 of 1

Home|Contact Us|Terms of Services|Privacy Policy|RSS

* Disclosures:

Your personal details (name, email address and phone number) will be delivered to the company advertised on the Creditmagic after ve agreed to go for the counseling session by filling out the no-obligation form. However, it is your discretion to accept or reject their services.
Not all the creditors/debt collectors agree to trim down the outstanding balances, interests, and fees payable by the consumer.
Consumers working with the debt relief companies can still be sued by the creditors/collection agencies.
Debt relief services may have a diminishing effect on the creditworthiness of the consumer. The total outstanding balance may increase as the additional fees get accrued.
The overall amount saved by the consumer through the debt relief services is considered as taxable income by the IRS.