Los Angeles, CA personal injury attorney Narbeh Shirvanian talks about going after the assets of the driver who injured you. He explains that his firm frequently fields questions about pursuing the personal assets of individuals responsible for accidents, especially when those individuals carry minimal state-mandated insurance, such as $15,000 liability coverage. Theoretically, it is possible to sue a defendant, obtain a judgment exceeding their policy limits, and attempt to execute it against their assets. Practically, however, the question is whether such efforts are cost-effective. Litigation is expensive, and unless the case involves catastrophic outcomes, such as fatalities or life-altering injuries, the cost of pursuing personal assets may outweigh the potential recovery.

In his office, the approach begins with promptly establishing liability theories and investigating available insurance coverage. The primary objective is to secure compensation quickly for the client, leveraging all relevant facts to hold the insurance company accountable and achieve a fair settlement. While litigation remains an option, the emphasis is on maximizing the client’s net recovery after attorney’s fees, costs, and medical liens are addressed. In cases involving life-altering injuries or wrongful death, the firm may commit to full-scale litigation and a potential jury trial, ensuring that when pursuing a trial is justified, the client’s interests are fully represented.