No one counts on getting into an accident, but the fact of the matter is, it can happen faster than you can blink. Sometimes, when you are involved in an accident of some sort, the loss can be devastating as well as life changing. Your injuries could lead to serious medical care and lead to missing work and lost wages. When it comes to injuries, lost wages and loss of earning capacity are two very different things. Lastimado Texas is here to explain the difference between these two things.
Lost Wages Due to Injury
If you have been involved in an accident that has left you unable to work for any reason, it will lead to lost wages. There are many medical procedures and emotional struggles that can leave you missing out on work and needing help to get money to keep your head above water. When you are working with your medical professionals, there may be situations where the doctor you’re working with will recommend that you don’t work for days, months or even years. Lost wages can be made up of past, present and future income. There are several types of income that can be considered lost wages. Here are some of the most common:
– Hourly Pay
– Salary
– Overtime Pay
– Holiday Pay
– Bonuses
– Benefits
– Vacation Time
– Sick Leave
– Commissions
Loss of Earnings Capacity Due to Injury
Loss of earnings capacity is different from lost wages. This is often referred to as “general damage.” This doesn’t always include only monetary damages but is subject to other interpretations. This leaves a jury sometimes awarding money that covers more than just loss of pay. Some things that a jury may rule loss of earning capacity includes:
– Losing out on future opportunities within your professional because of your injuries
– The inability to work as many hours now that you have sustained an injury
– Other physical and emotion limitations that will hold you back from your ability to earn a living
– Pain and suffering that is associated with professional harm
Challenges in Proving Lost Wages & Loss of Future Earnings
It can be seriously challenging to prove lost wages or loss of earning capacity without legal representation. While proving lost wages can be easier because you can provide documentation and testimonies that will easily prove your case, proving loss of earning capacity is much more difficult. You need the help of legal professionals to help guide you through the process and gather the information needed to strengthen your case.
Personal Injury Attorneys in Dallas, TX (Just Minutes from Carrollton, Richardson, Farmers Branch, Garland, Irving, Mesquite, Grand Prairie, Duncanville, Hutchins & DeSoto, Texas
If you have been the victim of an accident and are facing lost wages or loss of earning capacity, you can rely on Lastimado Texas to help you get the money that is rightfully yours. These accidents can have lasting impacts on your life and earning abilities. Let us help – Call us today!
