Loss

What is a Loss?

A loss is the monetary value assigned to an injury or damage in a personal injury claim, including pain and suffering, past and future income, future medical care, at-home assistance, current medical bills, etc.

According to Black’s Law Dictionary, “loss” is defined as “the harm or damage resulting from an injury; the deprivation or detriment to an owner or possessor as a result of a judgment or voluntary transfer of property.” As such, loss is often a broad term in law, encompassing both tangible and intangible impacts as loss can come from a variety of forms of damages.

Legal principles governing loss aim to provide remedies, compensation, or restitution to individuals or entities adversely affected by wrongful acts, accidents, or adverse events. Loss can include economic loss, personal loss or property loss. The assessment of loss often involves evaluating evidence, calculating damages, and applying legal standards to determine liability and appropriate remedies in civil litigation or legal disputes. As a legal term, loss underscores the importance of addressing and mitigating the impacts of losses through legal recourse and equitable remedies in accordance with applicable laws and judicial principles.

More information about Loss

Easton Truck Accident Lawyer

Our Easton truck accident lawyer will fight for you against the trucking company

Get the maximum compensation and the justice you deserve for your truck accident injuries

Easton, a bustling city known for its vibrant economy and heavy traffic, unfortunately, also sees its fair share of truck accidents. Each year, numerous residents and commuters become victims of these devastating incidents, resulting in significant physical, emotional, and financial distress. The complexity of truck accidents, coupled with the severity of the damages they often cause, makes them a unique category within personal injury law.

In such challenging times, the importance of having a local attorney who specializes in truck accident litigation cannot be overstated. A local lawyer not only understands the specific laws and regulations of Easton but also has a deep familiarity with the local courts, judges, and other attorneys. This local expertise, combined with a focus on truck accident cases, […]

Tow Truck Accident Lawyer

Injured in a tow truck accident? A tow truck accident lawyer at Munley Law Personal Injury Attorneys can help

If you or someone you love were hit by a tow truck or seriously injured due to a tow truck operator’s negligence when loading or unloading your vehicle, you might be entitled to compensation. Most of us think of tow trucks as rescue vehicles on the road. However, recent studies show that tow truck operators face a serious risk of injury and death due to car collisions and other dangers on the job.

Tow truck drivers hurt on the job, whether due to a tow truck accident, faulty equipment, lack of safety standards, or other reason, may also be eligible for monetary damages. When our cars break down, have flat tires, or are involved in fender-benders, tow trucks can be there to rescue them. […]

Bethlehem Workers Compensation Death Benefits

If you have lost a loved one due to a tragic work accident or an occupational illness, you understand the immense challenges you face after the loss of a loved one due to a work-related incident. If you are here, you might be looking for guidance in navigating the complex system of Pennsylvania workers’ compensation and death benefits. You to know that you are not alone. The experienced and dedicated Bethlehem workers’ compensation lawyers at Munley Law have more than 60 years of fighting for the rights of injured workers in PA. We can help.

What Are Workers’ Compensation Death Benefits?

In Bethlehem, death benefits are designed to provide financial support to the surviving dependents of workers who tragically lost their lives while on the job. These benefits may include financial compensation for funeral and burial expenses, compensation for lost wages, […]

What Are the Unique Challenges in Truck Accident Litigation?

Truck accidents are often catastrophic, resulting in severe injuries and significant property damage. When such accidents occur, victims may pursue legal action to seek compensation for their losses. However, truck accident litigation presents unique challenges compared to other motor vehicle accident cases. There are complex regulations, multiple parties involved, and even the need for specialized expertise.

The truck accident lawyers at Munley Law understand the different twists and turns of truck accident claims. We have over six decades of experience with the trucking industry and trucking regulations. We have won millions for our clients.

We offer a free consultation with a compassionate truck accident lawyer who will listen to your story and give you a reasonable assessment of your case. Call today the process started.

How is a Truck Accident Different Than a Car Accident?

Trucking accidents are fundamentally different from car accidents in several ways. […]

Maine Truck Accident Lawyer

From Portland to Lewiston to Bangor and Houlton, Maine roads see hundreds of truck accidents each year. Whether on a busy highway or a rural road, a truck crash can wreak havoc on the lives of the people involved. Between medical expenses and lost wages, in addition to the physical and emotional trauma, it can be difficult to know where to turn to set things right again. That’s where an experienced Maine truck accident lawyer can make a world of difference.

At Munley Law, truck accidents aren’t just a case type we handle; they’ve been a central focus of our personal injury law firm for decades. Our truck accident attorneys have built a reputation as some of the nation’s top trucking lawyers. We have won numerous multimillion dollar settlements and jury verdicts; we travel the country to educate other lawyers on this special area of the law; […]