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Settlement Offset
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12-11-2009, 04:50 AM
Post: #1
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 Settlement Offset
Hello all and happy holidays...
My case may be making the final turn before pulling into the station after nearly 3 1/2 years. I was injured and live in NY, I was wondering if my settlement can be offset by back taxes and Medicaid ? If so how can I find out if it will without ruffling any feathers. Im in a tough financial spot. I have not made either aware of my possible compensation settlement. Thank You in advance, Jo |
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12-11-2009, 10:18 AM
Post: #2
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RE: Settlement Offset
Your Attorney is the Best Bet for the Correct Answers. If You don't have Counsel, You May want to Speak to a CPA, They may have the Answers for You!!
Failed Back Surgery, Chronic Pain, Totally Disabled. Knowledge is Power, Especially in the World of w/c. Learn as Much as You can about Your States w/c Laws, and don't Fight Battles alone, They Use Attorney's, and so Should You!! |
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12-11-2009, 10:43 AM
Post: #3
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RE: Settlement Offset
Not sure..the only 2 things I remember them running in my state (PA) for mine and my husband's was back child support and Unemployment. If you had no income and were eligible for Medicaid I don't believe they're one of the agency's that you pay back when times change. The IRS is an entity all it's own. But as I said it wasn't something the WC courts looked into when I settled.
God is never late. In the end it doesn't matter how many years were in your life but how much life was in your years. |
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12-11-2009, 02:55 PM
Post: #4
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RE: Settlement Offset
Taxes - no.
Medicaid-yes if they have lien on file. |
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