View Full Version : Whose money is it.
Sodium
Apr 18, 2009, 09:16 PM
Im curious... if the accident injured me, then the money comes to me right? Since I'm only 16 it has me wondering, I know the money won't be here for a while but it will be my money right?
My mom once said to me in a fight that since she pays for the insurance, and everythign, that its her money?
No to sound greedy or anything. But it would be my money wouldn't it?
Fr_Chuck
Apr 18, 2009, 09:19 PM
Depends on what money, if you had hospital bills, doctor bills and the such, that money would go normally to pay your parents back for that.
1. what type of accident
2. whose insurance is paying
For example health insurance goes to pay the doctors
Sodium
Apr 18, 2009, 09:31 PM
It was a car accident. Where I was hit.
And I'm not sure about the second onee.
cdad
Apr 19, 2009, 12:22 PM
Are you using another nick here by the name of booboojones ?
This sounds really familiar.
Fr_Chuck
Apr 19, 2009, 12:43 PM
This user appears to have a differnet IP address, so it does not appear to be the same person, unless of course one is at work and the other home
ScottGem
Apr 19, 2009, 02:28 PM
The money paid out for an insurance claim goes to make the INSURED whole. First the payment is used as reimbursement for damages that were a result of the accident. These include medical expenses. Often the insurer will make a direct payment to the medical providers.
Now, if there is anything left over after paying for damages to property and medical costs, they would go in trust for you until you are 18. Bit don't count on there being much.
JudyKayTee
Apr 19, 2009, 02:57 PM
I notice your other posts about heavy scarring on your leg from an accident. I'm presuming it's THIS accident. The money you are awarded for pain/suffering/permanent injury is yours. The Court will order it held for you until you are of legal age and, depending on the amount, given to you in installments at certain (legal) ages. This is true the majority of the time. The settlement should be broken down by reimbursement for medical, pain/suffering, special and/or nursing care.
Sodium
Apr 22, 2009, 07:54 PM
Noo, I'm not using any other names.!
And yeah those posts are about the same accident!
Thanks everyone for giving me my answer:)
twinkiedooter
Apr 22, 2009, 08:05 PM
Your mom just cannot arbitrarily take the settlement money from you since you are a minor. The money disbursement will have to ultimately be approved by the Judge in a lawsuit situation. I assume that you have a lawsuit that resulted from the accident. Your attorney will have to legally be looking out for you because you are a minor and run everything past the Judge for his approval.