How likely will I be sued for the remaining balance if I do not have any assets? 2 Answers as of August 24, 2017

I received a letter from my insurance company today that said that I was at fault and the settlement will exceed policy limits. It also stated I can obtain an attorney to protect my interest above those limits.

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Law Offices of George H. Shers | George H. Shers
Likely not as long as you contact your insurance carrier and the plaintiff's attorney. If they are giving you a free attorney, contact that person first and they will tell you what to do. You can always declare bankruptcy if you have nothing.
Answer Applies to: California
Replied: 8/24/2017
Law Ofices of Edwin K. Niles | Edwin K. Niles
Highly unlikely, unless the injuries are severe, in which case they may ask you to contribute something toward a settlement. Most plaintiffs' lawyers will just accept the "policy limit".
Answer Applies to: California
Replied: 8/24/2017
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