This form is to be used as an acknowledgement by client of settlement of the client's claim and as a reciept for the distribution of settlement funds.
Kentucky Settlement Statement of Personal Injury Case and Receipt
State:
Multi-State
Control #:
US-PI-0019
Format:
Word;
Rich Text
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How to fill out Settlement Statement Of Personal Injury Case And Receipt?
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FAQ
Average Kentucky Car Accident Settlement Amounts For moderate and severe injuries, the average payout is between $34,000 and $360,000. However, Kentucky places no caps on the amount of damages you can claim. You can claim economic and non-economic damages arising from car accident injuries.
The result of a settlement agreement involves the responsible party paying a certain amount to compensate for the damages caused to the victim.
Generally, you can sue for pain and suffering damages in Kentucky if you have been injured due to someone else's negligence. Common personal injury cases involving pain and suffering damages include car accidents, slip and fall accidents, and medical malpractice.
To determine a potential settlement value, they first combine the total of medical expenses to date, projected future medical expenses, lost wages to date and projected future lost income. The resulting sum is then multiplied by the pain and suffering multiplier value to produce a projected settlement amount.
The initial demand has to be big enough so that you have room to negotiate. If, for example, you want to settle the case for $80,000, and you demand $90,000, you have very little room to maneuver. As a general rule, your initial demand should be at least twice what you are looking to settle the case for, if not more.
£14,450 to £29,000 compensation for less severe hand injuries such as severe crushing and impaired function. £5,720 to £13,280 for moderate hand injuries that might include penetrating wounds, crush injuries, and deep lacerations.
Average Kentucky Car Accident Settlement Amounts Average Payout by Severity of InjuryModerate Injury$34,968Severe Injury$360,302Payout Range by Type of AccidentRear-End Collisions$4,431 - $681,1712 more rows