LOUISIANA WORKERS COMPENSATION LOAN

What is a workers compensation settlement loan in Louisiana ?

Global Financial provides cash advances to worker compensation claimants in Louisiana and 38 other states.  A workers compensation loan is actually a cash advance against your pending workers compensation case and not a loan.  They are not actually loans but rather a transfer of settlement proceeds from the claimant to Global in return for a cash payment today.  The Louisiana workers compensation commission (LWCC) cash advance can be used for immediate and necessary living expenses.  Be weary of companies that charge high rates and provide poor service on workers compensation settlement loans.

How do I determine the value of my workers compensation claim?

Once you reach maximum medical improvement or MMI, a doctor in Louisiana will give you a partial permanent impairment rating or PPI rating.  The results found by the doctor and your benefit rating will help determine the final value of your claim.  Your benefit rating or "comp rating" is related to your wages and how much you are receiving in weekly benefits.

What is the Louisiana Workers Compensation Commission?

The Louisiana Workers Compensation Commission is a panel that hears worker compensation cases.  If you and your Louisiana worker compensation lawyer cannot come to a settlement with the employers insurance carrier then the Louisiana workers compensation commission will hear your case and make a ruling on what you are entitled to under the Louisiana Workers Compensation act.  Be prepared as the commission in Louisiana may rule in your favor or even against you depending on the merits of your claim.

What if I have bad credit in Louisiana ?

Global does not do credit checks or income verifications when deciding which worker compensation victims in Louisiana will receive cash advances.  In fact, we only look at the strength and merits of your LA workers compensation claim & settlement prospects when making a decision.  Bad credit or no credit is NO problem when applying for a LA cash advance ( Louisiana cash advance) against your pending Louisiana workers compensation settlement.  A settlement loan is secured by your workers compensation settlement and in turn a cash advance is issued to the workers compensation plaintiff.

How long does it take to get my Louisiana workers compensation settlement?

It may take up to 8 years to get your actual worker compensation settlement in Louisiana , however, Global can provide you with a cash advance against your settlement today.  It is important to your health to keep your claim open until such time that you no longer need the medical care so a cash advance from Global Financial can provide you with the financial strength to hold out until a fair settlement in you LA workers compensation case.

Do I need a Louisiana Workers Compensation Lawyer to represent me in my case?

Yes.  Global Financial will not advance cash to a Louisiana workers compensation victim unless he/she has retained an attorney to represent them.  You must have a Louisiana worker compensation attorney representing you before Global will advance cash against your settlement.  The reason for this is simple.  Louisiana lawyers and attorneys that specialize in worker compensation cases can extract the full value of you worker compensation claim because they know Louisiana law and they have experience with the process and judges.  Even though you may pay a 24% attorney fee or even a 25% worker compensation attorney fee, the higher settlement amount will far outweigh what you might have settled for without an attorney.

When can I apply for a Workers Compensation loan or advance in Louisiana ?

If your worker compensation case has been accepted by the worker compensation insurance carrier and you are receiving worker compensation benefits then you can apply for a cash advance against your settlement.  However, you must first hire a Louisiana worker compensation lawyer before applying for a cash advance.

Can you help me find a good worker compensation lawyer in Louisiana ?

Yes.  We refer hundreds of injured workers in Louisiana to reputable lawyers in their area that have proven track records in winning cases against the Louisiana Division of workers compensation.  We can even pre approve you for a cash advance against your settlement when we recommend an attorney for you to hire in Louisiana .  We do not charge a referral fee to recommend a good Louisiana worker compensation attorney and we can even give you the names of several LA work comp lawyers in your area.  A reputable workers compensation lawyer Louisiana can significantly improve your chances of receiving a higher settlement amount.

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Links

http://www.lwcc.com/

http://www.workerscompensation.com/louisiana.php