Injury Compensation Law, PC Costa Mesa CA

If you have recently received a personal injury settlement in California, you may be concerned about potential creditors attempting to garnish your settlement funds. Garnishment is a legal process in which a creditor can seize a portion of your wages or assets to satisfy a debt you owe. However, the rules regarding garnishment of personal injury settlements can vary by state. In California, there are specific protections in place to safeguard personal injury settlements from being garnished in most cases. In this article, we'll explore the laws surrounding garnishment of personal injury settlements in California and the circumstances under which your settlement may be exempt. Garnishment Laws in California: California law provides strong protections for personal injury settlements, ensuring that the compensation you receive for your injuries and losses is safeguarded from most types of creditors and debt collectors. Under California Code of Civil Procedure Section 704.140, personal...

If you have received a personal injury settlement in California, you might be wondering about the tax implications of the funds you have received. The tax treatment of personal injury settlements can be complex and varies depending on the circumstances of the case and the nature of the damages awarded. In this article, we'll explore the general tax rules regarding personal injury settlements in California and provide some essential insights. Compensation for Physical Injuries and Sickness: In general, if you receive a personal injury settlement that compensates you for physical injuries or sickness, the settlement is considered tax-free at both the federal and state levels in California. This means you do not need to include the settlement amount as taxable income when filing your tax return. Whether the settlement arises from a car accident, slip and fall incident, or any other personal injury claim, as long as it compensates you for physical injuries or sickness, it is not subjec...

Welcome to Injury Compensation Law, PC Injury and Accident Attorneys in Costa Mesa, California. We are a leading Southern California Injury Attorneys firm. Our aggressive Costa Mesa worker compensation and personal injury attorneys fighting for the rights of everyone. We used to work for big employers and insurance companies, and now we work for you! As former defense attorneys for giants like Tesla, Boeing, and Costco - our knowledge and reputation in the insurance world sets us apart from every other law firm in California. For the Injured: Work Comp claims, Personal Injury (Auto Accident, Slip & Fall, etc) claims, 132a injury discrimination, Serious & Willful claims. We know how to protect your rights and deal with insurance companies! Are you looking for a personal injury attorney in Costa Mesa, California area? Our Costa Mesa accident attorneys are here ready to assist you. Free consultations, no fees unless we win! Talk to a real attorney immediately!   Visit:  h...