Posted On: June 19, 2008

Prosecute Credit Damage Cases and Avoid Malpractice

Credit damages have been recognized by the courts since 1912 and now the methodology exists to plead and prove them. You certainly don’t ever want to exclaim, when being told that you could have recovered substantial damages for ruined credit, “Oh, my, I never even thought of that!” If you do, you may have to defend yourself against charges of legal malpractice.

Legal malpractice occurs when an attorney commits an error that a competent attorney exercising a reasonable standard of care would not commit. Until recently attorneys have been hamstrung in efforts to seek credit damage compensation because of the difficulty of measuring such damage. Without the ability to prove credit damage, it was not malpractice to fail to seek credit damages.

Since 1995 Georg Finder developed a system to accurately calculate credit damages, judges have permitted plaintiffs to proceed with claims for credit damages over defense objections. Juries have awarded substantial amounts for ruined credit. A reasonable standard of care requires that credit damages must be sought in all appropriate cases. A competent attorney must therefore be careful not to be exposed to the risks of professional malpractice claims by overlooking the potential of credit damage claims.

A tool to aid you in that investigating the likelihood of recoverable credit damage is a downloadable check-list, the Credit Damage Measurement Score, a check list developed by Georg Finder. The check-list covers eight areas of credit and potential credit damage and is available for download at no charge. More important information about credit damage can be found at CreditDamageExpert.com.