THE PHASES OF A WORKER COMPENSATION SETTLEMENT
If you've been injured at the workplace and have been injured, due to the negligence of your employer, you may have a valid case for a lawsuit. If so, the process may be long and expensive. If funding is tight, you might want to consider a worker compensation settlement loan from Global Financial Credit, LLC. Learn more about the many phases to a worker compensation case.
Phase 1- The Investigation
The first thing you should do if you feel you have a worker compensation case is meet with an attorney to find out if your case is valid. If you decide you feel comfortable with this lawyer, you would hire him/her by signing a contract and provide the personal information they need for their records. They would then open your file and assign you a case manager who will work with you and your lawyer on the case.
Phase 2-Treatment
Over the next month, your lawyer will gather additional info such a as medical records and paperwork from the State Department of Workers Claims or Industrial Commission (whichever applies to the state you live in) and also from the workers compensation insurance company of your employer. Once this info is received, your lawyer should contact you to check your status. Expect a call from your lawyer on a monthly basis to followup on your medical situation and treatment procedures. This is where you will undergo treatment from your medical doctor and advice on how to help you recover. When you've recovered to the point where your doctor feels you will not recover more, you've reached Maximum Medical Improvement (MMI). Then, your medical doctor will release you. Pending the release, your lawyer can start the next phase of your worker compensation case.
Phase 3-Released
Once you have been released from your doctor's care, whatever income benefits you have been received from your workers compensation insurance will cease. Next, your lawyer's staff will begin working to get an Impairment Rating from your doctor, so that your lawyer can start the worker compensation settlement negotiations on your behalf with your insurance company.
Phase 4-Settlement Negotiation
This phase is where your lawyer will start negotiations with your insurance company (or their attorney) for a worker compensation settlement that is reasonable and fair, under your State's Workers Compensation Law guidelines.
Phase 5-Litigation
If your lawyer is unsuccessful on reaching a satisfactory settlement with the insurance company, then he/she will file a formal claim with your State Department of Workers Claims and your case will be assigned to a Judge for a further decision.
Contact Global Financial Credit, LLC today at 866-709-1100 or apply below.
Categories: worker compensation settlement
The information contained in this article is not, nor is it intended to be, legal advice as Global Financial is not a law firm. You should always consult an attorney for advice regarding your individual situation.
Contact Global Financial Credit, LLC today at 866-709-1100 or apply below.