Friday, May 6, 2011
HOW MUCH IS MY BALTIMORE ACCIDENT CASE WORTH? Can I collect interest on my award?
Can I collect interest on my award? An experienced Baltimore personal injury lawyer will advise you that, absent exceptional circumstances, pre-judgment interest [interest that would be cover the time period from the date of the injury to the date of the verdict or settlement] is NOT awarded in personal injury cases. The rational is that the amount of pain, suffering or emotional anguish is not subject to ready measurement. However, once the amount of the award is reduced to a judgment of the court, post-judgment interest of 10% will accrue from the date of the judgment until paid. A Baltimore personal injury attorney may be able to assist you in collecting the full amount to which you're entitled.