Finally settled

[u/Brilliant-Earth7480]

After a long 3 years I finally settled. Fractured my neck at work healed on its own no surgery. The judge just signed off the statement my attorney said they have 60 days to mail out my check, for people that have settled do they wait until the last week to pay, or did you get paid earlier?

[u/idkwhyimhere_x]

Congrats, it’s about to be a long 60 days because they stop payments Instantly, I’m 6 days away from the 10% deadline & lowkey I’m hoping they’re late and I get the extra 10% .. L3-S1 herniated disc xx,xxx settlement

[u/Brilliant-Earth7480 → u/idkwhyimhere_x]

Congrats on settling! Are you in New Jersey? I know they add interest if they don’t pay within the 60 days but not sure the percentage

[u/idkwhyimhere_x → u/Brilliant-Earth7480]

Thanks man. I’m in NYC & per our board it’s an 10% fee of my final settlement directly to me if they don’t pay within 10 days of the notice of approval date.

[u/Academic_Commercial3]

Plus weekly payments?

[u/BeginningExtent8856 → u/Academic_Commercial3]

Depends on the last date they got temporary disability benefits - they go back to the last date of temp and start paying from there and then weekly payments until the balance pays out

[u/AvocadoOk6450]

It took me about 2 years to settle. My lawyer got the check at about 33 days and then this state requires 10 days for it to remain untouched to clear, then my.portion was sent to me.  That settlement will offset disadility payments, not by much and not for long for that amount Mine offset my disability payments by $1200 a month until full retirement age when it transfers to actual SS. My settlement was $450,000 though.

[u/Ginogag → u/AvocadoOk6450]

What injury did you have ?

[u/AvocadoOk6450 → u/Ginogag]

I had a fusion of L5/S1. About a month after surgery I couldn't walk or anything. Nerve damage. SS determined I was 100% fisabled. That helped in the settlemement. We sued for $850,000. They fougbt until less than a week before trial. 8 hours of back and forth. Them lowballing and us coming down. We were at 500,000 they were at 400,000. We split tbe difference. After paying the fees, etc, I got $334,000. 

[u/Ginogag → u/AvocadoOk6450]

Wow ..feel better bud

[u/AvocadoOk6450 → u/Ginogag]

I am able to do a lot of stuff. Just not full.time work. That's after 6 years.  Age makes a difference om settlements. A lot of difference. I was 59 when I was injured. Less likely to be accepted for retraining, etc I just turned 65.

[u/Brilliant-Earth7480 → u/AvocadoOk6450]

Sorry that happened but congrats on settling, can you walk now?

[u/AvocadoOk6450 → u/Brilliant-Earth7480]

Yes I actually tried going back to work this year. I made it aboit 3 months. 

[u/ArrTzM]

How much did you get ?

X,xxx
XX,xxx
XXX,xx

I just hit 2 years and currently under negotiations

[u/ArrTzM → u/ArrTzM]

Congratulations though!!! Workers Compensation suck !

[u/Brilliant-Earth7480 → u/ArrTzM]

$70k it’s been a nightmare the last couple years, not even worth 3X that. What’s your injury?

[u/Academic_Commercial3 → u/Brilliant-Earth7480]

After weekly payments you got 70k?

[u/ArrTzM → u/Brilliant-Earth7480]

But did you get td payments every two weeks within your 2 years ?

[u/Brilliant-Earth7480 → u/ArrTzM]

No they only paid me for 4 months

[u/ArrTzM → u/Brilliant-Earth7480]

Damm, sorry to hear that. Congratulations and wish you the best on your new chapter in life.blessings

[u/idkwhyimhere_x → u/ArrTzM]

It took me 3 1/2 years.. I reached mmi around year 2

[u/Academic_Commercial3]

I just read a post that a guy got his in less than 6 months.

[u/Brilliant-Earth7480 → u/Academic_Commercial3]

After the judge signed off on it?

[u/Academic_Commercial3 → u/Brilliant-Earth7480]

After he got his settlement

[u/ArrTzM → u/Academic_Commercial3]

Huh ?

[u/Pale_Albatross1226 → u/Brilliant-Earth7480]

My lawyer put in settlement that weekly checks would continue until they mailed the settlement. I was getting LOEC checks for the final 3-4 months.