Workers' Compensation: Should you accept a cash settlement for your work injury?

Serving all of North Carolina Charlotte, Asheville, Greensboro, Wilmington, Durham, and Winston-Salem

We know the decision of whether to accept a cash settlement for a workplace injury is difficult one. You may find it hard to predict what amount of compensation is fair. Workplace injuries can be quite serious causing partial or total disability. It can be difficult to understand the extent of your injury following an accident. How do you know how long it will take to recover or what amount of medical care for a workplace injury will be necessary? We can help you determine fair compensation that gives you the time and money you need to recover.

Understanding your rights in a cash settlement

We understand that accepting a cash settlement means waiving your right to take further legal action. You waive your right to a trial and the ability to reopen a case because the claim is considered resolved. You cannot request compensation for medical treatment above and beyond the terms of your settlement. We work with you to predict appropriate compensation for your injury before advising a cash settlement.

Consider how being able to receive continued medical treatment will influence recovery. In some cases, the injured party reaches maximum medical improvement and the income benefits stop. No longer receiving compensation for medical treatment creates a heavy and unnecessary financial burden.

Working with the insurance adjuster

Insurance adjusters may offer you a cash settlement. Even if the amount sounds desirable, you must consider how time in costly medical treatment can diminish your award. We are experienced in predicting the long-term goals of your recovery. We will take the time to research what is best for you. Instead of jumping at a cash settlement, speak with the North Carolina Workers' Compensation experts at White & Stradley, PLLC and allow the law to work for you.

It is important to have someone on your side in order to determine what will be fair to you. If you have been offered a cash settlement by an insurance carrier and want to know what is fair, please contact us immediately.

Call Now 1-800-471-3209 Serving Injured People & Their Families Throughout North Carolina

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This web page about Workers' Compensation is for informational purposes only. This web site should not be used as formal legal advice. Contact one of our experienced Workers' comp lawyers today at White & Stradley, PLLC. We proudly serve all of North Carolina including Charlotte, Durham, Asheville, Greensboro, Winston Salem and Wilmington. Our experienced work injury attorney also serves Alamance, Alleghany, Alexander, Anson, Ashe, Avery, Beaufort, Bertie, Bladen, Brunswick, Buncombe, Burke, Cabarrus, Caldwell, Camden, Carteret, Caswell, Catawba, Chatham, Cherokee, Chowan, Clay, Cleveland, Columbus, Craven, Cumberland, Currituck, Dare, Davidson, Davie, Duplin, Durham, Edgecombe, Forsyth, Franklin, Gaston, Gates, Graham, Granville, Greene, Guilford, Halifax, Harnett, Haywood, Henderson, Hoke, Hyed, Iredell, Jackson, Johnston, Jones, Lee, Lenoir, Lincoln, Macon, Madison, Martin, McDowell, Mitchell, Montgomery, Moore, Nash, New Hanover, Northampton, Onslow, Orange, Pamlico, Pasquotank, Pender, Perquimans, Person, Pitt, Polk, Randolph, Richmond, Robeson, Rockingham, Rowan, Rutherford, Sampson, Scotland, Stanly, Stokes, Surry, Swain,Transylvania, Tyrrell, Union, Vance, Wake, Warren, Washington, Watauga, Wayne, Wilkes, Wilson, Yadkin, and Yancey Counties. If you have been injured in a work accident and suffered a job related injury, contact us today for a complimentary Workers' Compensation claim consultation. We are committed and dedicated to help injured Workers get the compensation benefits you deserve. Contact our Workers' Compensation Lawyers for more information on if you should accept a cash settlement for your work injury.

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