Hayward, CA asked in Personal Injury for California

Q: Company admitting there allegations. Do you think they will accept my asking price $500,000?

I have a letter from the company admitting there allegations, what do you believe will happen? Do you think they will accept my offer for $500,000?

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4 Lawyer Answers

A: Unfortunately, you did not provide enough details or information to give you a great answer. What is the company? What are the allegations? What are your damages?

A company admitting allegations is not really helpful. A company admitting their negligence and said negligence caused you injury would be more helpful.

In any event, I suspect if you demand $500,000.00, that will not be accepted (based on the little details you provide). Even if a company caused you an injury and they admit it was their fault, the damages have to be reasonable to compensate you for your injuries. Simply picking a number out of the hat won't get you too far.

I would recommend that you speak with an attorney.

Tim Akpinar agrees with this answer

A: A LOT MORE INFO IS NEEDED TO ADDRESS YOUR QUESTION.......

Tim Akpinar agrees with this answer

A: If you think your case is worth that much you should sit down with a lawyer and discuss your options. When someone doesn't have an attorney the other side thinks they can easily win. So at least talking to an attorney should be your first step. You didn't give enough information for us to even guess if you have a case. It's gets a little complicated so a one hour consultation should give you a really good idea of your options and the chances of success.

Tim Akpinar and Lyndsie Nichole Russell agree with this answer

A: There are not enough facts to determine whether the company will pay you $500,000. The amount of a settlement is dependent on many things including the facts of your case, the damages to you, and the source of the settlement funds. It would be best for you to sit down with an experienced attorney so the attorney can analyze your case and the letter you have from the company.

Tim Akpinar agrees with this answer

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