The Difference Between Loss of Income and Earning Capacity After a Car Accident

stressed car accident victim with bills

While loss of income and loss of earning capacity are both economic types of damages, they differ in meaning and how they are calculated. It’s not uncommon to hear car accident victims use the terms “Loss of Income” and “Loss of Earning Capacity” interchangeably. However, while both are an economic type of damage, they are …

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Updated: November 4, 2022

3 Things You Need to Prove Lost Wages From a Car Accident in St. Louis

st. louis man stressed over bills

While medical bills are quantifiable and easily proven, recovering lost wages can be a much more complicated and speculative process. If the injury you suffered in a car accident prevents you from performing your job on a short-term or long-term basis, you are likely eligible to recover lost wages. While medical bills are quantifiable and …

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Updated: March 16, 2021

What to Do if You Can’t Work After Your St. Louis Car Accident

lost income while self employed

The inability to work after a car accident – even for a few weeks – can be devastating to your personal finances. It’s estimated that only about 37% of people have enough in savings to cover a $500 emergency – so for many, losing the ability to work and having to pay hospital bills can …

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Updated: November 30, 2020

What Happens If I Lose My Job Due to a Car Accident?

lost wages

Many injured car accident victims in St. Louis are distressed after finding out they have lost their job. Car accidents that cause traumatic injuries are often turning points in a victim’s life. Such a terrible event can impact one’s life in many ways, and it all comes suddenly. No one is really prepared for such …

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Updated: January 21, 2025

Proving Self-Employed Lost Income After an Auto Collision

lost income while self employed

Even if you are self-employed, you still deserve to be compensated for your injuries and lost wages. When it comes to car accident cases, the settlement you receive likely needs to cover not just the cost of your medical treatment, but also any lost wages you have. The same principle applies even if you are …

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Updated: June 27, 2019