Legal Question in Personal Injury in New Jersey

personal injury claim in jeopardy???

For the past year, i have had a pending law suit regarding a personal injury....i have recently learned that the insurance company of the defendant will be filing bankruptcy.....does this mean that because the insurance company of the defendant will file for bankruptcy,i can lose this case and not collect any reward for my injury??


Asked on 7/31/03, 6:55 pm

1 Answer from Attorneys
John Pinho John Pinho

Re: personal injury claim in jeopardy???

In New Jersey, the fact that your insurance company goes under (notifies the state that it can no longer operate) will cause your case to be taken over by an insurance guarantee fund. Filed Complaints (in court) are stayed however once the fund takes over they will resolve the matters in normal course. There may be a delay but your claim will be handled on its merits. You will be required to file a claim form with the guarantee fund.

John M. Pinho

www.DaSilvaPinho.com

Read more
Answered on 7/31/03, 11:59 pm


Related Questions & Answers

More Personal Injury Law and Tort Law questions and answers in New Jersey