The Pennsylvania workers’ compensation law provides that if you have suffered a work related injury, it is possible that you may be entitled to receive a “lump sum settlement”. This also can be referred to as a “compromise and release”, which is a one time payment that can replace the hassle of dealing with weekly workers’ compensation checks.
The lump sum settlement may be a great avenue for people looking to get back on their feet after being out of work for a significant period of time. Many people use this one time payment to pay bills and expenses which have accumulated due to only receiving a weekly check.
If you do decide to accept a lump sum settlement it is imperative that you speak with an attorney before making your decision. There are many gray areas in the workers’ compensation process which could leave you without receiving owed monies or paying out of pocket for medical