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Car Accident With No Insurance?

November 16, 2021

Car Accident With No Insurance? 

While most people do have car insurance, things can happen. You might forget to pay one of your monthly payments, or you might change insurance companies and have a lapse of a day or two. If you get into a car accident and do not have insurance, and the accident is your fault, you are on the hook for the other party’s damages. Depending on the severity of the accident, you could owe hundreds of thousands of dollars.

If you were in an accident and did not have insurance, filing bankruptcy might be an option. Contact SM Law Group for a consultation.

The Cost of an Accident

If you are lucky enough, the accident you are responsible for didn’t cause much damage, and you might owe a few thousand dollars. However, if you are responsible for an accident with hundreds of thousands of dollars, you would never finish paying for it unless you won the lottery. Some of the costs you might have to pay to include:


  • The victim’s medical expenses.


  • Compensation to the victim to replace the victim’s personal property. 


  • If the victim cannot work due to injuries that become long-term disabilities, you might have to pay for lost earning capacity.


  • Funeral and related expenses if someone died in the accident.


  • Pain and suffering.


  • Compensation for amputations and disfigurement.

You might also have to pay for losses, including companionship, quality of life, consortium, and the loss of use of a bodily function or body part. The damages could run into hundreds of thousands, or even millions of dollars, depending on the severity of the victim’s injuries.

Discharging Accident Debts

While some accident debts are not dischargeable, some are. The best way to find out is to speak to an experienced bankruptcy attorney. At the same time, you can also include other debts, including credit card debt, medical bills, and other old debt.

Do I Have to File Chapter 7?

If you want to get rid of car accident debt, it is better to file Chapter 7. While this method liquidates your estate, it does allow you to keep some of your belongings. The bankruptcy court does not want you to start completely over when getting a fresh start – the exemptions will enable you to start with some of what you had.

Contact SM Law Group

Having an accident without insurance is one of the quickest ways to ruin yourself financially, yet you still have to support your family. Filing Chapter 7 bankruptcy can remove some or all of the debt you owe, whether because of the car accident or other debt you have. You’ll have a chance to support your family and make sure they have a roof over their heads. If you owe a lot of debt, including car accident debt, contact SM Law Group for a consultation.

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