What is a statute of limitations?
A statute of limitations is a law that limits the amount of time you have to file a claim or be prosecuted for a crime. If you have sustained physical or material damages in an accident due to the negligence of another party, you will likely be strapped with steep medical or repair expenses. It is possible, however, that you will be eligible for compensation that will cover the entirety of these expenses as long as you file your claim within a reasonable amount of time.
If you fail to meet the statute of limitations, you will be legally ineligible for any financial compensation for your injuries. To avoid this issue, it is important to file a personal injury claim as soon as possible after the accident.
The experienced personal injury attorneys at Hach & Rose, LLP, can help you understand the statute of limitations for your specific case. To learn how you may pursue financial compensation, call our New York City offices today at (212) 779-0057.