Comments on: How do you protect yourself when settling to pay for damage in cash in a small accident? http://www.cashdayadvance.org/cash-advance/cash-advance-type/how-do-you-protect-yourself-when-settling-to-pay-for-damage-in-cash-in-a-small-accident/ Cash Day Advance Online Resources And Information Mon, 21 May 2012 03:03:52 +0000 http://wordpress.org/?v=abc By: Chris http://www.cashdayadvance.org/cash-advance/cash-advance-type/how-do-you-protect-yourself-when-settling-to-pay-for-damage-in-cash-in-a-small-accident/#comment-2299 Chris Mon, 15 Sep 2008 20:10:40 +0000 http://www.cashdayadvance.org/cash-advance/cash-advance-type/how-do-you-protect-yourself-when-settling-to-pay-for-damage-in-cash-in-a-small-accident/#comment-2299 You should use a release that indicates the information on the accident, the date, location and that in exchange for your payment the other person is agreeing to take no further action and releases you from any liability or further payment. If that sounds like too much for you, you may want to get some legal help. You won't be protected from further action unless a release is signed by the other person. And even then, who knows what the person might claim later about whether he understood what he was signing if he tried to sue later. You should use a release that indicates the information on the accident, the date, location and that in exchange for your payment the other person is agreeing to take no further action and releases you from any liability or further payment. If that sounds like too much for you, you may want to get some legal help. You won’t be protected from further action unless a release is signed by the other person. And even then, who knows what the person might claim later about whether he understood what he was signing if he tried to sue later.

]]> By: aztecCom http://www.cashdayadvance.org/cash-advance/cash-advance-type/how-do-you-protect-yourself-when-settling-to-pay-for-damage-in-cash-in-a-small-accident/#comment-2298 aztecCom Sat, 13 Sep 2008 01:02:10 +0000 http://www.cashdayadvance.org/cash-advance/cash-advance-type/how-do-you-protect-yourself-when-settling-to-pay-for-damage-in-cash-in-a-small-accident/#comment-2298 In my opinion if I got into an accident, and I was at fault, then I would PAY BY CHECK, so that you have a copy in your checkbook, and SECOND: I would make a contract so that the proof is on the CONTRACT and ON THE COPY OF THE CHECK. Have the contract reviewed by a lawyer so that nothing is missing. Good Luck! In my opinion if I got into an accident, and I was at fault, then I would PAY BY CHECK, so that you have a copy in your checkbook, and SECOND: I would make a contract so that the proof is on the CONTRACT and ON THE COPY OF THE CHECK. Have the contract reviewed by a lawyer so that nothing is missing. Good Luck!

]]> By: Pucci88 http://www.cashdayadvance.org/cash-advance/cash-advance-type/how-do-you-protect-yourself-when-settling-to-pay-for-damage-in-cash-in-a-small-accident/#comment-2297 Pucci88 Wed, 10 Sep 2008 09:32:18 +0000 http://www.cashdayadvance.org/cash-advance/cash-advance-type/how-do-you-protect-yourself-when-settling-to-pay-for-damage-in-cash-in-a-small-accident/#comment-2297 You should have them sign an agreement that this settles the case and they cannot pursue you any further. Have them sign and date an agreement and make sure to keep a copy of the payments that you made to them. You need to have some kind of wording in the paperwork that this agreement is a full and final release of all claims against you in the accident that occurred on xx/xx/2006, in City and state. You should have them sign an agreement that this settles the case and they cannot pursue you any further.

Have them sign and date an agreement and make sure to keep a copy of the payments that you made to them.

You need to have some kind of wording in the paperwork that this agreement is a full and final release of all claims against you in the accident that occurred on xx/xx/2006, in City and state.

]]> By: bostonianinmo http://www.cashdayadvance.org/cash-advance/cash-advance-type/how-do-you-protect-yourself-when-settling-to-pay-for-damage-in-cash-in-a-small-accident/#comment-2296 bostonianinmo Sun, 07 Sep 2008 08:01:19 +0000 http://www.cashdayadvance.org/cash-advance/cash-advance-type/how-do-you-protect-yourself-when-settling-to-pay-for-damage-in-cash-in-a-small-accident/#comment-2296 Get a statement of settlement in full and release of any further liability from the other party before handing over any money. It would be worth consulting with an attorney to make sure you get it right. Then if they should file a claim with their insurance, show the insurance adjuster the release and they'll deny the claim. Get a statement of settlement in full and release of any further liability from the other party before handing over any money. It would be worth consulting with an attorney to make sure you get it right. Then if they should file a claim with their insurance, show the insurance adjuster the release and they’ll deny the claim.

]]> By: CowboyBill http://www.cashdayadvance.org/cash-advance/cash-advance-type/how-do-you-protect-yourself-when-settling-to-pay-for-damage-in-cash-in-a-small-accident/#comment-2295 CowboyBill Thu, 04 Sep 2008 18:29:02 +0000 http://www.cashdayadvance.org/cash-advance/cash-advance-type/how-do-you-protect-yourself-when-settling-to-pay-for-damage-in-cash-in-a-small-accident/#comment-2295 I can't believe you did this. I can’t believe you did this.

]]> By: oklatom http://www.cashdayadvance.org/cash-advance/cash-advance-type/how-do-you-protect-yourself-when-settling-to-pay-for-damage-in-cash-in-a-small-accident/#comment-2294 oklatom Wed, 03 Sep 2008 20:33:15 +0000 http://www.cashdayadvance.org/cash-advance/cash-advance-type/how-do-you-protect-yourself-when-settling-to-pay-for-damage-in-cash-in-a-small-accident/#comment-2294 I'd pay by check rather than cash so you will have a record of the payment and amount. I can hear Judge Judy now, do you have a receipt for the amount you paid? I’d pay by check rather than cash so you will have a record of the payment and amount. I can hear Judge Judy now, do you have a receipt for the amount you paid?

]]> By: Walter E http://www.cashdayadvance.org/cash-advance/cash-advance-type/how-do-you-protect-yourself-when-settling-to-pay-for-damage-in-cash-in-a-small-accident/#comment-2293 Walter E Tue, 02 Sep 2008 18:31:41 +0000 http://www.cashdayadvance.org/cash-advance/cash-advance-type/how-do-you-protect-yourself-when-settling-to-pay-for-damage-in-cash-in-a-small-accident/#comment-2293 If the damage was more than $250 you would be obligated under California law to file a report and notify your insurance, regardless of whether the two of you agreed to not do that. Of course you could "say" that the damage to a wrecked car was not greater than $250 if you weren't experts, but your low-ball figure cannot go too far against Kelly Bluebook or it would be considered fraud. I know you think the insurance company should not have a say, but by signing a contract with them in the first place you put not only your but their interests at risk. Chances are nobody gives a darn about it, though. Get the release notarized and the amount mentioned would have to be $250 or less by law. I know a lady once who did just what you guys did and she gave the guy she hit $249 to be right under the limit (according to her the damage was too slight to notice, but beggars can't be choosers). Don't lose any sleep. If the damage was more than $250 you would be obligated under California law to file a report and notify your insurance, regardless of whether the two of you agreed to not do that. Of course you could “say” that the damage to a wrecked car was not greater than $250 if you weren’t experts, but your low-ball figure cannot go too far against Kelly Bluebook or it would be considered fraud. I know you think the insurance company should not have a say, but by signing a contract with them in the first place you put not only your but their interests at risk. Chances are nobody gives a darn about it, though. Get the release notarized and the amount mentioned would have to be $250 or less by law. I know a lady once who did just what you guys did and she gave the guy she hit $249 to be right under the limit (according to her the damage was too slight to notice, but beggars can’t be choosers). Don’t lose any sleep.

]]> By: Billy M http://www.cashdayadvance.org/cash-advance/cash-advance-type/how-do-you-protect-yourself-when-settling-to-pay-for-damage-in-cash-in-a-small-accident/#comment-2292 Billy M Mon, 01 Sep 2008 01:42:51 +0000 http://www.cashdayadvance.org/cash-advance/cash-advance-type/how-do-you-protect-yourself-when-settling-to-pay-for-damage-in-cash-in-a-small-accident/#comment-2292 You are trying to buck the system of fat cats that live a lavish lifestyle off of people's misfortune. Shame on you taking the caviar right out of the mouth of some shyster lawyer. You are trying to buck the system of fat cats that live a lavish lifestyle off of people’s misfortune. Shame on you taking the caviar right out of the mouth of some shyster lawyer.

]]> By: dodge man http://www.cashdayadvance.org/cash-advance/cash-advance-type/how-do-you-protect-yourself-when-settling-to-pay-for-damage-in-cash-in-a-small-accident/#comment-2291 dodge man Sat, 30 Aug 2008 09:33:56 +0000 http://www.cashdayadvance.org/cash-advance/cash-advance-type/how-do-you-protect-yourself-when-settling-to-pay-for-damage-in-cash-in-a-small-accident/#comment-2291 if you have to do it like this,,write out an agreement,,and you and the other party sign it,,in front of a witness,,i do not recommend t be done this way,but i had a friend that done it this way,,and later on he got in a law suit over it,,because they didn't have any thing stating that the transaction had taken place,,so please protect your self well in this case,,i wish you luck with it,,i hope this help,s. if you have to do it like this,,write out an agreement,,and you and the other party sign it,,in front of a witness,,i do not recommend t be done this way,but i had a friend that done it this way,,and later on he got in a law suit over it,,because they didn’t have any thing stating that the transaction had taken place,,so please protect your self well in this case,,i wish you luck with it,,i hope this help,s.

]]> By: Bigboi47 http://www.cashdayadvance.org/cash-advance/cash-advance-type/how-do-you-protect-yourself-when-settling-to-pay-for-damage-in-cash-in-a-small-accident/#comment-2290 Bigboi47 Fri, 29 Aug 2008 09:25:50 +0000 http://www.cashdayadvance.org/cash-advance/cash-advance-type/how-do-you-protect-yourself-when-settling-to-pay-for-damage-in-cash-in-a-small-accident/#comment-2290 Get the agreement in writing and have it notarized Get the agreement in writing and have it notarized

]]> By: deadcars42 http://www.cashdayadvance.org/cash-advance/cash-advance-type/how-do-you-protect-yourself-when-settling-to-pay-for-damage-in-cash-in-a-small-accident/#comment-2289 deadcars42 Wed, 27 Aug 2008 22:20:32 +0000 http://www.cashdayadvance.org/cash-advance/cash-advance-type/how-do-you-protect-yourself-when-settling-to-pay-for-damage-in-cash-in-a-small-accident/#comment-2289 get a release signed by the other party. Go to claimspages.com and you will be able to download a general release. Once signed, you will have the protection you need. P.S. make sure that the release is notarized!!!! get a release signed by the other party. Go to claimspages.com and you will be able to download a general release. Once signed, you will have the protection you need. P.S. make sure that the release is notarized!!!!

]]> By: JetDoc http://www.cashdayadvance.org/cash-advance/cash-advance-type/how-do-you-protect-yourself-when-settling-to-pay-for-damage-in-cash-in-a-small-accident/#comment-2288 JetDoc Sun, 24 Aug 2008 21:50:14 +0000 http://www.cashdayadvance.org/cash-advance/cash-advance-type/how-do-you-protect-yourself-when-settling-to-pay-for-damage-in-cash-in-a-small-accident/#comment-2288 I would recommend you discuss this one with a qualified lawyer. I would recommend you discuss this one with a qualified lawyer.

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