MASSACHUSETTS WORKERS
COMPENSATION LOAN
What is a workers
compensation settlement loan in
Massachusetts
?
Global Financial provides cash advances to worker compensation
claimants in
Massachusetts
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
Massachusetts Division of workers compensation 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
Massachusetts
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. This
link may help you further https://www.wcribma.org/mass/
What is the
Massachusetts
Workers Compensation Commission?
The Massachusetts Workers Compensation Commission is a panel
that hears worker compensation cases. If
you and your
Massachusetts
worker compensation lawyer cannot come to a settlement with the employers
insurance carrier then the
Massachusetts
workers compensation commission will hear your case and make a ruling on what
you are entitled to under the Massachusetts Workers Compensation act. Be
prepared as the commission in
Massachusetts
may rule in your favor or even against you depending on the merits of your
claim.
What if I have bad credit
in
Massachusetts
?
Global does not do credit checks or income verifications when
deciding which worker compensation victims in
Massachusetts
will receive cash advances. In
fact, we only look at the strength and merits of your MA workers compensation
claim & settlement prospects when making a decision. Bad
credit or no credit is NO problem when applying for a MA cash advance (
Massachusetts
cash advance ) against your pending
Massachusetts
worker compensation case.
How long does it take to
get my
Massachusetts
workers compensation settlement?
It may take up to 8 years to get your actual worker
compensation settlement in
Massachusetts
, 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 MA workers
compensation case.
Do I need a
Massachusetts
Workers Compensation Lawyer to represent me in my case?
Yes.
Global Financial will not advance cash to a
Massachusetts
workers compensation victim unless he/she has retained an attorney to represent
them. You must have a
Massachusetts
worker compensation attorney representing you before Global will advance cash
against your settlement. The
reason for this is simple.
Massachusetts
lawyers and attorneys that specialize in worker compensation cases can extract
the full value of you worker compensation claim because they know
Massachusetts
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
Massachusetts
?
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
Massachusetts
worker compensation lawyer before applying for a cash advance.
Can you help me find a
good worker compensation lawyer in
Massachusetts
?
Yes.
We refer hundreds of injured workers in
Massachusetts
to reputable lawyers in their area that have proven track records in winning
cases against the Massachusetts 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
Massachusetts
. We do not charge a
referral fee to recommend a good
Massachusetts
worker compensation attorney and we can even give you the names of several MA
work comp lawyers in your area. A
reputable workers compensation lawyer
Massachusetts
can significantly improve your chances of receiving a higher settlement amount.
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Links
http://www.mass.gov/dia/
http://www.kleinmiller.com/compensation/contested-claims.htm
http://www.cushnerbloom.com/workercomp.htm
https://www.wcribma.org/mass/
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