If you have grounds for a personal injury case and you are self-employed, proving lost income is not quite as simple as it is for people who traditional employers. However, it is not impossible. Keep reading to get the facts about this situation and how you can prove your income. Then contact The Law Offices of Larry H. Parker at 800-333-0000 for a free legal consultation.
Required Proof for Self-Employment Income
In order to prove self-employment income, you will need documentation that shows what you would have billed and/or been paid for the period of time you were unable to work. Depending on the specifics of your work and how it is billed, this could include the prior year’s tax return, or billing statements for the months before the accident or injury.
For seasonal workers, billings for the same period in the previous year can be used. In the event that their income is extremely complex, a forensic accounting expert witness can help determine the amount of lost income the person likely experienced.
How to File a Personal Injury Claim
If you have been injured in an accident and need to file a personal injury claim, the first thing to do is to contact a personal injury attorney for a free legal consultation. We can talk to you about the injury, your damages, and your evidence. If you have a strong case, we may agree to take it on. If we do so, we will do so on a contingency basis that assures you do not owe us anything for your legal bills until we win your case. In the event we cannot win your case, you will not owe us anything for your legal bills.
Your Initial Consultation is Entirely Free
Studies have shown that self-employed people are less likely to file lawsuits for two reasons. First, they assume that there is no way to prove their income and what their economic losses are. As you can see from the above information, that is not the case at all. Second, they assume they do not have the funds to hire a personal injury attorney.
Instead, they simply take the first offer that they are presented with. If an insurance company offers you a settlement right after your accident, you can generally assume that this is not the best settlement option available to you. Their job is not to pay a fair amount but rather to pay as little as possible to keep their employer’s costs down.
When you talk with a personal injury attorney, we begin with a free legal consultation. There is no cost at all and you can find out what your case is actually worth. Call The Law Offices of Larry H. Parker at 800-333-0000 now for a free legal consultation.