If you have been injured in a Dallas-Fort Worth car wreck or other serious motor vehicle accident, you should be aware that your credit rating may be affected. We all know that the cost of medical care is rising. What you might not be aware of is that unpaid medical bills are the leading cause of bankruptcy in America.
If you have been injured in a car crash that was not your fault, you have a legal right in Texas to pursue a claim for compensation against the at-fault driver’s auto insurance policy. This even applies if you were a passenger in the car of the negligent driver. In some cases, you may even be able to recover compensation against your own “no-fault” insurance if you have Uninsured Motorist coverage, Personal Injury Protection, or MedPay.
Even if you have health insurance – which you should use – the bills that you are personally responsible for can quickly add up. If your injuries are serious enough that you also have to take time off work, then your loss of income can suddenly make your entire economic situation very unstable. Believe me, as a board certified Fort Worth injury attorney, I know just how financially difficult it can be for accident victims.
Make no mistake: being injured through no fault of your own can result in dire financial consequences for you and your family. Although your credit score might be the furthest thing from your mind at a time where you suddenly find yourself without a vehicle and needing to attend frequent doctors’ appointments, it is important that you understand how being injured can have a negative effect on your credit long after your wounds heal, which is specifically why I wrote The Injury Victim’s Guide to Credit Repair to help accident victims such as yourself learn how to protect their credit after a serious accident.
Since one of the biggest factors that can affect your credit score is the amount of outstanding debt you have against you, it is important that you take action as early as possible to protect yourself. If someone else was responsible for your wreck, then their insurance is liable to cover the cost of your medical expenses and other accident-related damages. However, it will still take some time for you to recover the full and fair amount money you deserve. An experienced Dallas-Fort Worth personal injury lawyer can deal with the insurance company on your behalf to make sure you get the full justice you are entitled to. In many cases, a good lawyer will also be able to help you secure medical treatment from reputable doctors on a deferred payment basis via a letter of protection. This means that you can avoid going into debt and wrecking your credit.
Contact the Anderson Law Firm today for a free, no obligation consultation with one of our experienced personal injury attorneys. Call toll free at 800-354-6275 or locally at 817-294-1900.
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