What is a release of all claims?

A release of all claims is an agreement that a person signs when they receive money in exchange for waiving their right to make any future legal claims regarding the incident that the money is being paid for. This agreement is typically part of a settlement agreement in which the injured person agrees to accept a certain sum of money from the at-fault party in exchange for releasing them from any further legal responsibility. In the state of Minnesota, a release of all claims is a legally binding document and can be enforced in court. It is important to note, however, that a release of all claims does not extinguish any criminal liability and the at-fault party may still be held liable for any criminal activity. Furthermore, a release of all claims generally does not bar an injured party from pursuing any other remedies, such as pursuing reimbursement for medical expenses or lost wages. It is highly recommended that anyone considering signing a release of all claims seek the advice of an experienced accident lawyer in Minnesota to ensure that their rights are adequately protected.

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