Q: I've been on workers' comp for over two years. I'm tired of the hassle. Is a lump sum settlement right for me?
Whether a lump sum settlement is the right call for you depends on a multitude of factors. The facts of your case play a huge role in determining if and when you should settle. Your pre-injury wages, compensation rate, need for future medical treatment, potential for surgery, and even whether you have personal health insurance all play a role as to the value of your case and whether you should look seriously at settlement. Personal factors also play a role in this decision. Whether you need more money now will dictate how motivated you might be to resolve a case. The hassle and stress of being on workers' compensation may also incentivize you to look at settling your case. Because there are so many factors in play, and because you don't want to settle your case for less than it's worth, it's important that you reach out to an attorney as soon as possible to make sure your case is handled correctly. Reach out to Schmidt Kramer today for your free consultation.