Lump Sum Settlements
Schuylkill County Workers’ Compensation Attorneys
If you were injured at work or are suffering from an occupational illness and have been off work for some time, your employer may offer a lump sum settlement or compromise and release agreement to settle your claim. While this type of offer may cover lost earnings and/or medical benefits, it is important to have your attorney review such a settlement before you agree to or sign anything. You must be certain that the offer is truly in your best interests and not short of what you actually need or deserve to recover.
With our extensive workers’ compensation experience, we at The Law Offices of Anthony Urban, P.C. can offer the insight you need in the face of a settlement offer. If the offer is too low, we can work to negotiate for a fair settlement on your behalf. In some cases, we can pursue additional benefits or can even consider whether you have a personal injury case against a third party, which would open the door to financial compensation for pain and suffering and other losses not typically covered by workers’ comp.
Call (888) 268-0023 to talk to our Schuylkill County workers’ compensation attorneys about lump sum settlements and compromise and release agreements in Pennsylvania.
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Benefits of a Lump Sum Settlement
If you’ve been out of work for more than four months and have been receiving workers’ compensation benefits, you may be able to settle with the insurance company for a lump sum that would replace your weekly workers’ comp payments, medical bills, or both.
A lump sum settlement may be in your best interests if:
- You have reached maximum medical improvement (MMI), meaning your condition has stabilized to a point that no major change, medical or emotional, can be expected in the future.
- You want to stop the hassle of dealing with the workers’ compensation system every month so you can move on.
- You want the freedom to spend your settlement as you see fit, rather than set aside specific amounts for medical care.
- You want to be able to invest some or all of your settlement.
- You want the option to return to work in a limited capacity without jeopardizing your workers’ compensation benefits.
- You want to include your workers’ comp benefits in your will or a trust to pass on to family members or other loved ones.
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"On my word if anyone ever finds themselves needing a lawyer I couldn't recommend you enough . I truly mean that. I will never forget this."On my word if anyone ever finds themselves needing a lawyer I couldn't recommend you enough . I truly mean that. I will never forget this.- D.L.
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"Thank you so much for all that you did for me. Thank you for always being available and answering all my questions."Thank you so much for all that you did for me. Thank you for always being available and answering all my questions.- M.C.
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"I was more than happy with your service and definitely would recommend"I was more than happy with your service and definitely would recommend your law firm in the future to anyone needing assistance.- Donna F.
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"Love this law firm a++ job"I wanna start by saying thank you to anthony you helped me through my workers comp claim. And you made it to where I can take care of my family and get us cought back up on all our bills that fell behind since I was injured. If I ever need another attorney you will be my first choice,you treated me as family not just a client like others would have. And if anyone I know would ever ask me for a great attorney I will tell them to call your law firm. Thanks again Tony P.s this man got me a bigger settelment than I though was possible Robert K.- Robert K.
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"Tom Einsigs accident."I am pleased with the settlement Attorney Urban was able to get for my car accident. Thank you.- Tom Einsig
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"Happy Ending"I was awarded a settlement that I am very happy with. Thank You Urban Law. Highly recommend it to everyone needing an Attorney.- David Wetzel
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"They answered questions professionally and promptly via email or phone calls. I never felt rushed or like I was an inconvenience. I was kept informed every step of the way as to what was going on."- Anonymous
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"Employment Agreement review"He made excellent suggestions for changes and pointed out areas that did not seem to agree with the verbal description I was given of the agreement.- Jan S
Contact an Experienced Lump Sum Settlement Lawyer Today
A compromise and release may sound like a good deal; to be honest, it often is in your best interests. Yet, insurance companies also tend to look out for their own bottom line over that of their customers. This is why it is wise to consult with a lawyer before signing any agreements. An attorney can help you determine whether your lump sum settlement is fair and adequately covers your medical and other related expenses. We offer free and no-obligation consultations to all new clients, so please do not hesitate to reach out to us to discuss your compromise and release agreement.
Whether you’ve been offered a settlement or want to initiate settlement proceedings, our Schuylkill County attorneys are here to offer our guidance. Call (888) 268-0023 or contact us online today!