Have you had an accident?

Personal Injury Solicitors Birmingham

Hello guys, I have unfortunately been involved in a car accident and I feel i should share my experience. Let’s begin with how it happened, shall we?

Personal Injury Birmingham

I was driving into Birmingham on a work trip, we have clients there you see, and out of nowhere, a car comes crashing into me. They were on their phone, believe it or not! It was frightening. Luckily, no one was seriously hurt however my neck begin to turn red and I eventually passed out in the car. I don’t remember the ambulance ride. I only remember being in the hospital. First of all, my neck is fine. I think I fainted at the sight of blood coming down my nose. I am a softy! However, back to the events.

I am not familiar with Birmingham so once I was omitted from the hospital, my boss told me to get in touch with his good friends at Personal injury solicitors Birmingham . These guys are very professional and handled everything with ease. The women responsible had admitted fault and unfortunately her car was written off, whereas mine was okay to say the least.


What to do in a car crash?!

Immediately after a car accident Stop However minor you think a car accident is, you must stop. In fact, failing to do so is an offence under the Road Traffic Act. You should make sure your car’s engine is switched off and then turn your hazard lights on to alert other road users to your presence.

Call 999 or 101 Take a look around. If anyone has been injured in the car accident you should call the police (and an ambulance if necessary) as soon as possible. The police should also be called if the car accident is blocking the road or if you feel there was foul play involved –  if you suspect you’re a victim of a ‘crash for cash’ scam, for example, where a driver deliberately causes an accident to make a fraudulent insurance claim. A dash cam can help you avoid falling victim to crash for cash scams – visit our dash cam reviews to find out more.

Giving details after a car accident When you’re involved in a car accident you’re obliged to give your name and address to anyone else involved. You should stop and give your details if you crash into something on or near the road even if there aren’t any other people involved. If you hit a parked car, for example, you should leave your details on the windscreen. Avoid saying sorry or accepting blame for the accident until you know precisely what happened as it could count against you later on.

Car accidents should also be reported to the police within 24 hours.

What happens next? If you want to continue with your claim, your insurance company will let you know what you need to do. If other people were involved in the accident, your insurance company will contact their insurance companies and resolve the claims More on cars Which? Best Buy cars How to buy the best car How we test cars All advice on cars More on cars Which? Best Buy cars How to buy the best car How we test cars All advice on cars
Read more: http://www.which.co.uk/reviews/cars/article/what-to-do-if-you-have-a-car-accident

Frisby (2008) also demonstrated how the average duration of administration dropped since the implementation of a streamlined approach. The timescale of the administration process has been reduced to 12 months (unless extended by creditors or the Court for a further 6 months) compared to the “old administrations which took years sometimes. These factors will make administration a more appealing route to take for companies, which satisfies the overall objective of the cork committee.


Whilst the Enterprise Act has managed to increase the use of administration, there are certain points that go in favour of Goode’s argument that reform has been limited. Firstly, whilst returns have increased, this is only true for secured and preferential creditors. It can not yet be said that unsecured creditors have benefited from its implementation (Frisby 2008).


The cost of administration is higher than the old system and this has been linked to the reasons why unsecured creditors have not benefited as such. With increases in costs and fees there has been no resultant increase in returns for creditors (Armour, Hsu and Walters 2006). If the risk of having your money returned to you was lowered, more unsecured creditors would take the risk to support rescue of those companies who are in need of rescue. This would mean that the likelihood of success would be maximised.


Moreover, where the application is not made by a QFC holder, that holder must still give permission for the appointment of an administrator. The QFC holder has up to five days to give its permission, hence there could be a potential delay in the administration starting. From the QFC holder’s view point, this “permission” is obviously an advantage, as they will always be notified of an  administration application and have an opportunity to  exercise their other rights over their charged assets. Consequently QFC holders will be given a head start ahead of other creditors, resulting in the objective to protect the body of creditors as a whole being diluted.



In conclusion, the Enterprise act has gone a significant way towards aiding financially troubled companies and fostering a rescue culture. It has achieved its main goal of increasing those undertaking administration and has also set out 3 clear objectives for the independent member to undertake. Whilst it has increased the amount of administrations and reduced the amount of time of administration by providing defined exit routes this is not the end of the road. There is still a lot of work done before the procedure for administration and corporate rescue is completely effective. In order to make it a well rounded procedure issues of cost (a lack of increase in the payment of unsecured creditors because of higher costs and fees), accountability, fairness (secured creditors are still the minority in terms of repayment) and conduciveness that the process actually provides. In reform since the Insolvency Act 1986, those financially distressed businesses have been helped but it cannot be said that it is completely effective.