Loss of Income in Personal Injury Lawsuits
March 11, 2023
If you have been injured due to someone else’s negligence, lost income is an important factor to consider when filing a personal injury lawsuit. Our knowledgeable attorneys at Gold, Albanese & Barletti, LLC, have years of experience in handling personal injury cases involving lost income and can help you recover just compensation for other damages as well.
What Is Included in Lost Income?
Loss of income includes income from the job you held when you were injured and compensation for any other work opportunities you may have missed because of your injuries. Even if you are able to take sick leave or vacation pay for the time you missed, you are still entitled to the income you would have garnered had you been able to work. If an injury has permanently limited your ability to earn income, your personal injury lawsuit also can request compensation for loss of future earnings.
Documenting Loss of Income
To be reimbursed for lost income, you must provide proof of the hours you missed due to your injury and the dollar amount of income you would have made during this time. If you have an employer, collecting information regarding your lost income should be easy. Ask your supervisor or HR department to write an official letter that includes your position, pay rate, the number of hours you typically work, and the number of hours or days you missed because of your injury.
If you are only periodically employed or are self-employed, providing proof of lost income can be more challenging. Evidence such as a decrease in billing and deposits, a calendar with canceled appointments and other documentation can all help support the claims of your personal injury lawsuit.
To show evidence of the dollar amount of your lost income, gather copies of customer billing statements, invoices, payments received, and any other documentation that demonstrates the amount you normally bring in. If you work sporadically or seasonally, you can show evidence of income by providing your income tax returns for previous years. An experienced personal injury attorney will help you determine which type of documentation is relevant to your personal injury lawsuit.
At Gold, Albanese & Barletti, LLC, our experienced legal team is committed to helping you receive the compensation you deserve. Contact us online or call for a free initial consultation. Se habla español.
Contact Gold, Albanese & Barletti, LLC
Whether you’ve been injured at work, in an automobile accident, or due to medical malpractice – you deserve justice and fair compensation for your injuries. Since 1997, the personal injury attorneys of Gold, Albanese & Barletti have established a legacy of justice for our clients. We will work tirelessly on your behalf to get maximum compensation for your injuries. There are no upfront legal fees and we don’t get paid unless you win your case.
Our firm is licensed and admitted to municipal, state, federal and appellate courts, including the U.S. Supreme Court. Since 1997, we have helped thousands of clients and established a track record of success across a wide array of legal practice areas.