Road accident in Amber Valley

0

If you’ve suffered the very unpleasant experience of being injured in a road accident in Amber Valley that was not your fault but then go on to win a decent personal injury compensation pay-out from the negligent party that caused it, there will be a few things to consider before you start thinking about what you’re going to spend your money on.

In certain circumstances, you may not be free to do whatever you please with your windfall. Even if you can spend it as you wish, it will be wise to put no small amount of time into thinking of how best to do so.

Spending compensation after suffering a road accident in Amber Valley

It’s likely to be a little while from the time that your road accident in Amber Valley took place until you get any compensation from the party that caused it of their insurer, even if your top 100% ‘no win, no fee*’ personal injury solicitor manages to negotiate you a decent settlement before your case makes it to court.

As such, it will be possible that you might have had problems meeting any extra expenses you needed to shell out for as a consequence of being hurt, especially if your injury resulted in you losing income because of time off work.

For example, if you were paid benefits from a public body to meet expenses that part of your pay-out was supposed to cover, you may have to pay this back when you get your compensation. Failure to do so could result in you being prosecuted for benefit fraud, so you won’t want to leave this to chance. Check with any bodies that paid you benefits before spending your road accident in Amber Valley windfall.

You might also need to be careful if you’re in debt. If you’ve defaulted on any credit agreements and have set up payment arrangements with lenders, you will need to let them know about your compensation pay-out. If you do not and they get wind of your court success, they might end any agreement you have come to and ask you to repay what you owe in full.

The same applies if you are an undischarged bankrupt. Let your official receiver know how much you get and when you get it. If you do not, you could face a fine or even imprisonment.

Get some advice from the experts

If you feel as though you need further advice on how your personal circumstances might affect what you will be able to do with any compensation you were to win after being involved in a road accident in Amber Valley, call Accident Advice Helpline free on 0800 689 0500 or 0333 500 0993 from a mobile phone. Calls from mobiles will be charged.

  • Was this Helpful ?
  • Yes   No

How much you could claim?

Two QUICK ways to find:
  1. Call us at 0800 689 0500 or 0333 500 0993 from your mobile OR
  2. Use our Claim Calculator

Disclaimer: This website contains content contributed by third parties, therefore any opinions, comments or other information expressed on this site that do not relate to the business of AAHDL or its associated companies should be understood as neither being held or endorsed by this business.

Claim Calculator
Find out in 30 seconds how much YOU could claim...
  • Please tell us where you were injured
  • Please enter your full name
  • Please enter a valid name
  • Please enter your telephone number
  • Please enter a valid telephone number
  • Terms and Conditions*Required


Can I Claim?

Esther says "The law states that if you’ve been injured and someone else is to blame, you are entitled to compensation." Read more >

Claim Calculator ► Accident Types ►

How Much Could I Claim?

It only takes 30 seconds to find out how much compensation you could receive. Take the 30 second test now.>

30 Second test ► Claim Form ►

Why Choose Us?

"When they say they are 100% no-win, no-fee*, they mean it. I would recommend Accident Advice Helpline to anybody." Read more >

No-Win, No-Fee*? ► Testimonials ►

Claim Now

"They were ever so professional ... they knew exactly what I was going through ... I received over £4500." Read more >

Claim Form ► Call Me Back ►
Is there anything wrong with this page? ( Help us Improve )