North Dakota Sample Letter to Opposing Attorney Declining Settlement Offer

State:
Multi-State
Control #:
US-0014LTR
Format:
Word; 
Rich Text
Instant download

Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Opposing Attorney's Name] [Opposing Attorney's Law Firm] [Address] [City, State, ZIP] Re: Settlement Offer in [Case Name] Dear [Opposing Attorney's Name], I hope this letter finds you well. I am writing to address the settlement offer that you presented on [Date] in regard to the above-mentioned case. After careful consideration and consultation with my client, I regret to inform you that we must decline the settlement offer presented. While we appreciate the time and effort put forth in crafting the offer, it fails to meet our client's satisfaction for several reasons. Please allow me to outline our key concerns and provide a comprehensive explanation for our decision. 1. Inadequate Compensation: The offered settlement amount does not sufficiently compensate our client for the damages and losses they have incurred. Given the significant impact on their life and livelihood, a substantially higher compensation is necessary to address the full extent of their injuries. 2. Liability and Negligence: We firmly believe that the evidence presented supports a strong case proving the negligence and liability of your client in this matter. Therefore, accepting a settlement that does not acknowledge your client's responsibility would be, in our opinion, a disservice to our client's pursuit of justice. 3. Future Medical Expenses: The settlement offer does not adequately account for future medical expenses that are anticipated as a result of the injuries sustained. Our client requires ongoing medical treatment, rehabilitation, and specialized care, which should be factored into any settlement proposal. 4. Emotional Distress: The proposed settlement does not account for the emotional distress, mental anguish, and loss of quality of life experienced by our client. These intangible damages must be taken into consideration when reaching a fair and just settlement. Based on the factors mentioned above, we firmly believe that pursuing litigation is in the best interest of our client. Given the strength of our case, we have confidence in achieving a more favorable outcome in court. However, we are open to continuing negotiations and exploring alternative means of resolution that better address our client's needs and concerns. Should you wish to reconsider your settlement offer or engage in further discussions, please feel free to contact me at your earliest convenience. We are open to any reasonable proposals that take into account the merits of our client's case and the extent of their damages. Thank you for your time and attention to this matter. We look forward to your prompt response. Sincerely, [Your Name] [Your Title/Position] [Your Law Firm's Name]

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FAQ

In response to your letter dated [Date of Insurer's Letter], I am unable to accept your offer of $[Offer Amount] to settle my demand for compensation in Claim Number [Claim Number from Above]. The figure you offered is insufficient in light of the facts of the case.

How to Respond Stay Calm. Your first reaction to a low settlement might be anger and confusion. ... Ask Questions. After you receive the offer and take time to process it emotionally, you should start considering why the offer was so low. ... Counteroffer. ... Always Respond in Writing. ... Don't Accept a Settlement Offer Before You Heal.

Remain calm and analyze the offer even if you feel like the adjuster is trying to take advantage of you. Ask questions to find out how the adjuster came to the conclusion that they did. Develop and plan your response (which is often called a counteroffer). Respond to the offer in writing.

It is a good idea to avoid accepting a settlement offer until you fully recover from your injuries or have a firm medical prognosis about them from your doctor.

If you choose to reject the low settlement offer, you must communicate your decision to the claims adjuster. Your legal representative can help you write a letter that states your intentions. Within the letter, you can indicate that you reject the offer and highlight why you deserve a higher settlement amount.

Always reject a settlement offer in writing. Type a letter to your contact at the insurance company listing the reasons you think that their offer is too low. Back up these reasons with concrete evidence attached to the letter. Finally, provide a counteroffer of a sum you think is more reasonable.

To respond to a low settlement offer, evaluate the reasons for the offer. Determine the accurate value of the claim and the amount you are willing to accept to resolve it. Create a demand letter, provide more information or continue to pursue your legal claim as appropriate based on the circumstances.

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North Dakota Sample Letter to Opposing Attorney Declining Settlement Offer