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What is money paid by the loser of a lawsuit called?

Award


What are the requisites to obtain a settlement loan?

An attorney analyzes the lawsuit in progress and decides if it is likely to result in a cash award, and if so, how much. A settlement loan, or lawsuit loan, is then made against the projected award.


Is a punitive damage award taxable?

yes


Is punitive damage award taxable?

yes


How does a public official to obtain a damage award under libel laws?

A public official seeking a damage award under libel laws must prove that the statement made was false, made with actual malice (knowledge of falsity or reckless disregard for the truth), and caused harm to their reputation. They would need to file a lawsuit for defamation and provide evidence to support their claims in court. The burden of proof is higher for public officials compared to private individuals due to First Amendment protections.


How much can be awarded for wrongful arrest in a civil lawsuit against the police?

There is usually no limit to the amount a court or jury can award the plaintiff in a civil lawsuit against the police, although some states do have award caps on civil liability lawsuits. Juries have been known to award very large amounts to plaintiffs, only to have the judge in the case reduce the award to what he believes is a more just figure. There are four categories of awards:Actual damages: those that can be measured precisely, such as medical costs, list wages, property replacement or repair costs, etc.Compensatory damages: for injuries that are not precisely quantifiable, such as pain and suffering, emotional trauma, loss of consortium, etc.Punitive damages: money paid purely to punish the defendant and discourage them and others from similar conduct in the future. In lawsuits against the police, the police department usually pays any actual and compensatory damages, but punitive damages are assessed against the officer(s) personally.Costs: attorney's fees, investigative costs, and other costs incurred in prosecuting the lawsuit. These costs often outweigh all of the other award amounts combined.Juries are sometimes not so fast to award large damage amounts when police (as opposed to private businesses or individuals) are the defendants, as the costs of paying those damages comes out of tax dollars. The taxpayer is ultimately the loser in the lawsuit.


What is the average Worker's Compensation award for bicep tendon surgery?

$1000000


What is the average award on a personal injury for a broken 5Th metatarsal?

50,00


What is an average award in a personal injury case?

The national average for amount of the award in a personal injury case is around $40,000. Compensation depends on the defendant's assets, income, type of damages sought and liability.


Is compensation for an injury considered an asset that can be taken in a judgment against the person who received it?

It depends, some states have laws that protect funds garnered from a personal injury award from attachment/seizure by creditors. If the judgment concerns a lawsuit that involves damage to personal property or personal injury the funds are generally not exempt from seizure by the winning party, but are viewed as private assets/income. However, there may be contributing factors, one would be if the original award pertained to a permanent disability.


Can you declare bankruptcy after losing a personal injury lawsuit?

Yes. Whether it will discharge the award isn't certain...and of course EVERYTHING YOU OWN AND EVERYTHING YOU OWE...no picking and chosing...is included in the BK.


If you win a lawsuit how much has to go to owed child support?

They can take it all. EVen if the winning plaintiff owes his lawyer, the court can transfer the entire award to the child support agency.