There is a financial fraud and elder abuse crisis in this country. Scammers exploit the vulnerabilities of this demographic, employing various schemes to steal their money. If you or a family member lost money as a result of elder financial abuse, our elder financial abuse lawyers in Culver City can help.
At Arias Sanguinetti, our team has a proven history of helping targets of elder financial abuse recover the damages they deserve. With over 300 years of combined experience, our Culver City elder abuse lawyers are dedicated to recovering the compensation you deserve. Contact us today to schedule a free case consultation with a member of our team.
Don’t Wait to Hire an Experienced Culver City Elder Financial Abuse Attorney to Help With Your Case
If you or a loved one has experienced elder financial abuse, it’s crucial to know that strict time limits exist for filing a lawsuit. In California, the statute of limitations for elder financial abuse typically allows four years from the date of the incident to file a claim. Missing this deadline could block you from pursuing financial compensation for your losses.
Getting in touch with our Culver City personal injury lawyers soon after the incident is the best way to ensure you meet all deadlines. Your lawyer can help ensure that all necessary paperwork is filed promptly and can assess whether any exceptions apply to your case.
Engaging the services of our elder financial abuse attorneys early can also improve your odds of building a strong case. We can help gather evidence, including relevant documentation, and take witness statements while the details are still fresh in their minds. Taking these actions can significantly bolster your case against those who have exploited the trust of your loved one.
Common Forms of Elder Financial Abuse
Scammers often target older adults with financial fraud schemes due to their vulnerability to manipulation. Additionally, many seniors have accumulated savings over their lifetimes, making them attractive targets. Some common scams used to steal from older people include:
- Convincing them to invest in fraudulent opportunities
- Stealing account passwords or persuading them to share their information under the guise of “helping” them manage their finances
- Stealing cash or valuables directly from their homes
- Manipulating them to change their wills, leaving assets to the scammer instead of their family
If your loved one has been taken advantage of by a nursing home worker, our Culver City nursing home abuse lawyers can help you file a lawsuit to obtain fair compensation for the losses incurred.
Many individuals believe they have no legal recourse after being scammed. However, banks and other institutions may be liable for allowing such abuse to occur, potentially owing the injured party reimbursement. Understanding your options is crucial.
Culver City Elder Financial Abuse Lawyer Near Me 310-844-9696
The Cost of Hiring a Lawyer to Help With Your Elder Financial Abuse Case
When you hire the team at Arias Sanguinetti, you won’t have to worry about whether you can afford our services. We do not charge a retainer fee, nor do we bill clients at an hourly rate. In fact, our attorneys only receive payment if we succeed in obtaining financial compensation for you. If we fail to get you money for your losses, you owe us nothing.
We realize that you may already be facing financial challenges caused by the elder financial abuse experienced by your loved one. Our goal is to ensure that your pursuit of justice does not put a further strain on your finances. When we recover compensation from the at-fault party, the fee we collect is assessed as a fixed percentage deducted directly from the amount recovered.
By charging in this manner, we are able to provide experienced legal representation to anyone affected by elder financial abuse, including families dealing with the serious consequences of exploitation, no matter their financial circumstances. We are here to provide you with support without the burden associated with upfront legal costs.
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Treble Damages in an Elder Financial Abuse Case
Under California law, individuals who commit elder financial abuse face significant penalties both in criminal and civil court. If you are seeking compensation through a lawsuit, you need to know that you may be able to claim treble damages. This means that you can potentially recover an amount that is three times greater than what you lost.
Treble damages combined with punitive damages aimed at punishing the liable party for their actions can make the financial compensation you recover substantial. These consequences serve as a significant deterrent against future abuses.
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Banks and Other Financial Institutions May Be Held Accountable
When attempting to recover damages after suffering losses caused by elder financial abuse, you need to understand that the party that stole from you is not the only one who may be liable for your losses. Banks and other financial institutions have a fiduciary duty to engage in responsible business practices.
If your bank failed to take reasonable steps to protect you and ended up facilitating financial fraud, you can pursue a claim against them.
The Majority of Elder Financial Abuse Cases Settle Out of Court
When pursuing compensation for elder financial abuse, you need to realize that most of these cases are resolved through settlements. Settlements offer a faster route to compensation than going to trial, which is especially important for older individuals who may require immediate financial help.
While settling is common, you should still have our elder financial abuse attorney in Culver City review any offers to ensure they are fair before you sign anything. Additionally, you want a lawyer who is prepared to take your case to trial should the need arise. This readiness can provide you with leverage during settlement negotiations.
Our trial lawyers have decades of experience in the courtroom and are recognized for our successful track record by others throughout the legal field. We will not accept a lowball settlement offer on your behalf and are fully prepared to represent you in court to ensure you receive the compensation you need and deserve.
Reach Out to an Experienced Elder Financial Abuse Lawyer Serving Culver City Today
If you or a loved one were the target of elder financial abuse, recovering compensation from the responsible party is vital to making up for what was lost. The best step you can take for your case is to hire an experienced elder financial abuse attorney from Arias Sanguinetti.
Our personal injury lawyers have successfully recovered over $1.5 billion for our clients. Contact us today to set up a free case review with a member of our legal team.
Call or text 310-844-9696 or complete a Free Case Evaluation form