In New Mexico, the statute of limitations for personal injuries is three years, including injuries resulting from a product liability. The victim must file a claim before three years have passed. If they don’t, the victim forfeits their right to file any legal claim. All victims of a product liability are protected under federal consumer laws. A personal injury attorney in Albuquerque, NM offers assistance for these victims.
The Consumer Rights Protection Agency
The Consumer Rights Protection Agency receives reports every year about faulty products. All consumers have the right to submit a report if the product doesn’t perform as expected. If the product produces an injury, the consumer must report it to the agency. The government agency launches an investigation and assesses the product. A serious risk leads to a product recall.
Providing a Duty to Consumers
The manufacturer owes consumers a duty. The duty is releasing a safe product that won’t produce any injuries. However, any risk that occurs only under certain conditions doesn’t stop the manufacturer from releasing the product. The manufacturer must affix warning labels and explicit instructions for product use on the packaging.
Comparative Fault Rulings
Comparative fault rulings apply in product liability cases. They are defined according to the actions of the consumer. The consumer would be at fault if they caused their injuries in any way. This could indicate that the consumer didn’t follow the instructions exactly. The fault of the victim is assigned according to a percentage. If the percentage is higher than fifty percent, the victim won’t receive a monetary award.
The Award for the Claim
The award is calculated according to the victim’s losses. They would receive payment for all their medical requirements and any lost wages. Any other financial losses are compensated.
In New Mexico, personal injury claims are filed before the third anniversary. They present victims with a chance to receive compensation for all their losses. It also helps to heighten awareness of dangerous products. Victims who need legal assistance should contact a personal injury attorney Albuquerque, NM through The Carter & Valle Law Firm or click here for more info today.