Legal Question in Personal Injury in Illinois
Accident Settlement
As part of my accident settlement from the insured, the attorney for the other side has required me to sign a release stating that I release and forever discharge the individual and their insurance company. In addition they want me to sign a release that allows them to pursue their legal remedies, if any, against me my wife, my heirs, executors, agents and assigns. Should I sign this document restricting me but giving them what ever they want should they decide to harass me legally.
2 Answers from Attorneys
Re: Accident Settlement
Hire an attorney to discuss your case in depth and to review the release.
Re: Accident Settlement
Generally speaking-A release says that for an amount of money you are selling your right to sue for ever and for good. That does not mean that the buyer is also selling their right. For that you must pay a sum of money.
This is capitalism and everything is for sale.
If you are not sure about the release and what it means, you would be much better off to pay an attorney to quickly review it--it's the best money you can spend to know that you are not being taken advantage of. NEVER trust a defense/insurance attorney or adjuster.
I hope this helps,
Taradji Law Offices