New York Personal Injury Law Blog » Personal Injury

 

December 9th, 2008

Another Way Recession Affects Personal Injury Cases (Courthouse Closes Doors)

I’ve previously described how this particular recession may affect personal injury lawsuits, which are generally perceived to be recession proof given since folks get hurt regardless of how the economy is doing.

But problems in a severe one can come up be due to insurance companies going belly-up and forcing delays as the suits get managed by the State Liquidation Bureau. Or there can be problems financing the cases if credit lines dry up.

Now a third reason: Cash-strapped New Hampshire is suspending jury trials and leaving judgeships vacant.

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