About Asset Attachments

When filing a personal injury claim, the defendant may not be able to pay the compensation that they owe to the claimant. If this is the case, the claimant may wish to attach assets to their claim in order to ensure that they get as much of their compensation as possible. In some cases, asset attachment can be beneficial for the case; however, in other cases, it can be harmful.

If you have been injured because of another party’s negligence, you may be eligible to receive compensation for losses, including medical expenses, wage loss, and pain and suffering. Contact the Appleton personal injury lawyers of Habush Habush & Rottier, S. C. to discuss the details of your case with an experienced attorney. Call 800-242-2874 today to schedule a free case evaluation.

Pros and Cons

In a personal injury case, if the guilty party is unable to pay the amount of compensation required of them, the claimant may request that assets be attached to their claim. For example, in addition to the amount the defendant is able to pay, they may also have to give up certain assets, such as their cars or home. In cases where the claimant would otherwise receive very little compensation, the addition of assets may help alleviate the claimant’s financial losses.

However, there are risks involved in asset attachments. For example, if a house is attached to a claim, there may be factors which affect the claimant’s ability to acquire monetary compensation for it. If the bank owns a substantial portion of the house, they must get paid off before the injured party does. Additionally, if the defendant and their spouse own the house jointly, it may not be attached because that would punish the spouse, who did not have a role in the accident.

Contact Us

For more information or questions regarding personal injury cases, contact the Appleton personal injury lawyers of Habush Habush & Rottier, S.C. at 800-242-2874.