Legal Question in Personal Injury in Florida
In a personal injury lawsuit in Florida, what assets are collectible?
2 Answers from Attorneys
If sufficient insurance is available, then assets may not be at issue. Otherwise, there must be a judgment entered against the defendant(s) by the court. This process on getting to a judgment can take many forms, from default to verdict to agreement to sanctions.
The specific assets which are subject to liens and collections depends on the type of defendant and other legal issues, such as bankruptcy. Judgments in Florida are generally governed by Chapter 55 of Florida Statutes.
A confidential consultation with an attorney in which your particular circumstances are reviewed is the best to know where you stand.
If you get a judgment any assets owned by the defendant are subject to collection. There are statutory exemptions which would apply. Mr Harris is correct an attorney consultation is appropriate as this answer can be misleading and the wrong conclusions can be drawn from it.
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How much money am i entitled to for a totaled car? Asked 1/30/14, 9:08 am in United States Florida Personal Injury Law and Tort Law