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How to Get Hold of a Lump Sum Settlement

Member
By skyedanzer
User-Submitted Article
(3 Ratings)

Chances are if you’ve been injured you are entitled to a lump sum settlement by the insurance company. You’ll see ads on television saying not to go for a lump sum settlement until you’ve consulted an attorney. A lump sum settlement is one payment to cover everything. How do you get hold of a lump sum settlement you are owed?

Difficulty: Moderate
Instructions
  1. Step 1

    Get a copy of the police report, work report or any report made when you were hurt or injured to present for your lump sum settlement documentation. Make 3 photo copies and keep them to have for your lump sum settlement documentation.

  2. Step 2

    Write a daily journal of pain, suffering, loss of wages or anything related to your lump sum settlement injury case. Be diligent and write down everything with a date and time. This might help you get more from your lump sum settlement figure.

  3. Step 3

    Make a follow-up appointment with the attending doctor when you were injured. Keep the appointment. Make copies of receipts for medical payments and prescriptions to add to your lump sum settlement figure.

  4. Step 4

    Hire a lump sum settlement attorney to represent your lump sum settlement case. Don’t hire someone off the streets or represent yourself. Ask around and find a reputable attorney that specializes in lump sum settlement cases.

  5. Step 5

    Read and review all the lump sum settlement offer papers provided to you or to your lump sum settlement attorney. Read every single line of fine print. It’s imperative you completely understand what all the lump sum settlement offer is saying.

  6. Step 6

    Ask your lump sum settlement attorney to review the documents. Have your lump sum settlement attorney write up the actual binding legal lump sum settlement paperwork and contract.

  7. Step 7

    Sign the lump sum settlement papers. Have your attorney file the lump sum settlement papers with the local court.

Comments  

cb4me said

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on 10/23/2009 Valuable info!

mtwyman said

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on 10/23/2009 This is valuable information. Thanks for sharing.

jswana said

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on 10/22/2009 Interesting article on how to get hold of a lump sum settlement. I like it and thanks for sharing. jswana 5*

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