Be Careful Before You Sign A Release

In order to get a settlement for your Nebraska personal injury or workers’ compensation case, you will be required to sign a full release of all claims. Because this is a very important document, you must be very careful before you sign a release.

One reason you should exercise caution is because a release gives the insurance company a closed file.  You can’t go back and ask the insurance company for any more compensation once you sign a release.

Sometimes client will ask me if the insurance company will give them a lump sum settlement but leave the file open for the payment of any future medical expenses.  The answer to that question is no.  The insurance company wants a closed file before it will give you a lump sum settlement.  That’s why the insurance company wants a full release – they don’t want to pay you anymore compensation.

Once you sign a release, it is virtually impossible to break out of the release and re-open the case.  As a starting point, you will be required to return all of the settlement money to the insurance company.  After that, you will have to file a lawsuit in court challenging the release.

The possible grounds for challenging a release were that you were somehow defrauded or you lacked the mental capacity to understand the meaning of a release.  That is just about impossible to prove and any lawyer will want a big retainer fee up front before he takes on a case challenging the validity of a release.  No lawyer will take a case challenging a release on a contingent fee, percentage basis because it’s so hard to win.

When an insurance company asks you to sign a release, please feel free to call me.  The first phone call is free and no upfront money is required when you hire me.  Our toll free number is 1-888-402-4878 (HURT).

Crawford Law Offices

135 Lakewood Dr
Lincoln, NE 68510
Phone:
(402) 466-3040
Toll Free:
(888) 402-HURT
Fax:
(402) 466-3055

Our Office

Disclaimer

The material contained on this website has been prepared by Crawford Law Offices for informational purposes. The information is not intended to be and should not be considered legal advice. Use of this website does not create an attorney-client relationship between users of this site and any other party whatsoever.