answersLogoWhite

0


Best Answer

Disability income may be multiplied by 125% on a refinance, it depends on the situation but it is possible.

User Avatar

Wiki User

โˆ™ 18y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

โˆ™ 13y ago

If you otherwise qualify for a home loan, why not.

WC benefits just mean you are temporarily sidelined, with a nearly guaranteed return to work in your future.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can a person receiving workmen's compensation obtain a home loan?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Does a person stop receiving workmens compensation because they remarry?

No. The workers compensation payments are on an individial.


Are you entitled to workmens compensation if you are injured on the job site while on a break?

yes you are . * It depends on what activity caused the injury. If the person was engaging in irresponsible behavior he or she may not qualify for WCI benefits.


Is a person required to accept a structured settlement from workmens compensation?

the compensation under the Workmen's compensation act in India is awarded by the commissioner appointed under the Above act. the award if it is not acceptable to the parties can be challenged in appeal before the High Courtoperating in the area. the person who does not accept the amount awarded need not accept the award and can challenge the same. the award can be challenged within a period of 90 days from the date of notice of the award .


How much pay will you get when on workers comp for surgery?

For Maryland it's 70% of pay, tax free. I do believe it depends on state law. I know that in Maryland the first 3 days of injury Workers Compensation will not pay you, you either need to take sick or vacation leave. Do think about getting a lawyer so you can better understand your rights. Lawyers who specialize in Workers Compensation law normally do not require you to pay them, they charge a % based on if they get money for you from Workers Compensation. This should be something that does not come out of your pocket, If they do not get any money for you. Workers Compensation should pay for: Any medical expenses, procedures, or surgeries due to injury/illness received at work. Medications needed due to injuries. If you need in home care via nurse. Lost wages (including over time) minus the first 3 days of injury. Gas expenses by mileage to and from the doctors office and hospitals. Parking fees (this may need to be reimbursed) Tips; It is ALWAYS your right to be treated by the doctor(s) of YOUR choice, Workmens Compensation may require you to seek a 2nd opinion from a dooctor of their choice, however you do not HAVE to receive treatment from that doctor, you may have to see that doctor only for a 2nd opinion to keep receiving your benefits. It is a good idea to get a binder with tabs, and to keep all correspondance in with / from workmens compensation, doctors, diagnosis, tests preformed, work, hospitals, receipts, bills, pay stubs (from either work or pay from workers compensation) Keep detailed lists of doctors appointments dates and time. Keep all doctor appointments, either scheduled by you or Workmens Compensation. Take notes when speaking to your Workmens Compensation Case Manager or Nurse with: Name of person whom you speak with, Name of Doctors office, Date and Time and what the conversation is about. Good luck! Best wishes for a speedy recovery!


Is compensation designed around the job or the person?

In principle, compensation must be designed around the job, not the person.


Where can one obtain a free MRI scan?

By and large, a free MRI scan is not typically going to be provided free, even with quality insurance. The only instance where a person could obtain a free MRI is as part of a workman's compensation claim.


Who can receive compensation directly from an owner?

The person who can receive compensation directly from an owner is his next of kin.


What is called when someone is receiving a check?

The person receiving the cheque, is the 'payee' - the person sending the cheque is the 'payer'.


Can a person collect workmens comp and do work on the side?

yes, but if you get caught, you will lose the workman comp payments In other words, you can't do it legally.


Can a person receiving workmen's compensation relocate to another state?

== == I don't see why not, it's not like we allow slavery anymore and the right to travel freely throughout the US is guaranteed by the constitution. Check with your claims adjuster and see if they have a problem with that.


Why are you not receiving callee?

If a person is not receiving calls, this likely means that they are busy. A person that isn't receiving calls may also be having problems with their cell phone reception.


What type of workmans com insurance does a carpenter in north carolina need?

Workers compensation insurance is nothing more than "workers compensation insurance". Your question is similar to asking what type of auto liability insurance does a person who drives a car need. There is not "type of workmans com" insurance. Just ask your local insurance agent to help you obtain workers compensation insurance and he will give you a quote.