What is a lien in a personal injury case? | Denver Personal Injury Attorney
What is a lien in a personal injury case? | https://olsonlawfirm.com/
A lien in a personal injury case is essentially money owed to someone else. It often comes up in the case of healthcare that you've been provided as a result of injuries that you've suffered.
In those situations, an insurance company might pay for your healthcare along the way, but if your case is ultimately resolved and you receive money as a result of those injuries, your insurance company is going to want the money that they put into your healthcare back so when you receive a settlement, when you receive a judgment, your insurer is going to be entitled to a portion of that money to recoup its own costs.
If you've heard that there's a lien on your personal injury case, it's important to talk to an experienced personal injury attorney who knows how liens work. An experienced attorney might be able to reduce that amount or eliminate it entirely from any settlement or judgment you might ultimately receive. It all depends on the facts of your particular case.
As one of Colorado and Wyoming's premier personal injury and civil litigation firms, the Olson Law Firm will work tirelessly to ensure that your story is told. If you have been injured in an accident, or your business has been harmed as a result of another's failure to follow the rules, call us today to see if we can help. It takes a team of dedicated trial lawyers to tell your story. And telling your story at trial is what we do best.