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1st offer / Lump sum settlement
#20
since you are not represented you should contact the ombudsman for more detailed help:
http://www.workerscomp.state.nm.us/pdf/W...rogram.pdf

generally these petitions are filed at the time the parties are submitting an agreement on the amount of the permanent disability.

in general you should always ask for whatever you have documentation for and let the court decide what will be approved. if you are not working they are much stricter about allowing early payouts.

if you are thinking about retaining an atty later on there is a caution: whatever you get upfront will reduce the overall future disability payout and as the disability amount drops so will the interest and availability of lawyers willing to represent you.
lawyering is a business and generally the bigger the settlement the more attractive your claim will be to potential attys.
Reminder :
........Each state has their own comp system; POST YOUR STATE to get accurate information. Use the search feature to find information from similar questions.
THANKS FOR POSTING.
 
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Messages In This Thread
RE: 1st offer / Lump sum settlement - 1171 - 04-21-2015, 08:07 PM
RE: 1st offer / Lump sum settlement - 1171 - 04-21-2015, 10:44 PM
RE: 1st offer / Lump sum settlement - 1171 - 04-23-2015, 11:59 PM
RE: 1st offer / Lump sum settlement - 1171 - 04-25-2015, 01:56 PM
RE: 1st offer / Lump sum settlement - 1171 - 05-01-2015, 02:05 PM

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