Los Angeles, CA personal injury attorney Narbeh Shirvanian talks about going after the assets of the driver who injured you. The legal office frequently receives inquiries regarding the pursuit of assets belonging to individuals accountable for accidents, especially in instances where they possess minimal state policies, such as $15,000 liability insurance. In theory, the answer is affirmative—you can file a lawsuit, secure a judgment surpassing their policy limits, and execute it against their assets. Nevertheless, the pragmatic consideration revolves around the worthiness of such an endeavor. Taking a case to trial entails significant expenses, and unless the situation involves severe outcomes like fatalities or life-altering injuries, the associated costs may overshadow the potential recovery.

The office’s strategy entails swift determination of liability theories and thorough investigations to uncover available insurance coverage. The primary objective is to swiftly secure compensation for the client, with a focus on personalized care, strategic use of facts, and exposure of liability to ensure the insurance company agrees to a just and equitable settlement promptly. While the option to file a lawsuit exists, the emphasis remains on maximizing the client’s settlement, factoring in attorney’s fees, costs, and medical liens. In cases involving life-altering injuries or wrongful death claims, a comprehensive litigation effort and associated costs might be reconsidered if deemed unworthy, with a priority on maximizing the settlement for the client. However, in justifiable situations, the commitment persists to pursue a case to a jury trial if necessary.