Is there a limit to the amount I can recover in a catastrophic injury lawsuit?

Yes, there is a limit to the amount you can recover in a catastrophic injury lawsuit in North Carolina. This limit is called a statute of limitations. The statute of limitations establishes a specific period of time an injured party has to file their lawsuit. In North Carolina, the statute of limitations for filing a catastrophic injury lawsuit is two years from the date of the injury. Any lawsuits filed after that two year period will be dismissed. This means that you must file your lawsuit within two years of the date of the injury if you want to recover the full amount of damages you are seeking. The two year statute of limitations may be extended under certain circumstances. For example, if you are a minor at the time of the injury, then the statute of limitations will not begin until your 18th birthday. Additionally, the amount you can recover in a catastrophic injury lawsuit may be limited in certain circumstances. North Carolina law limits punitive damages, which are awarded to punish a wrongdoer, to no more than three times the amount of compensatory damages, or the actual losses an individual suffered as a result of the injury. It is important to note that there are no set rules about how much a plaintiff can recover in a catastrophic injury lawsuit. Any award is dependent on the facts of the case and the amount of damages the plaintiff suffered as a result of the injury. An experienced attorney can help you determine exactly how much you may be able to recover in a catastrophic injury lawsuit.

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