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The workers' compensation insurer pays the employee benefits for a work-related injury. In many states, it is the sole remedy of the employee in the sense that the employee is prohibited from suing the employer for negligence that caused or contributed to the occurrence. It may also pay for injuries and lost wages resulting from a work-related incident when another person or entity caused it.
The employee sometimes sues a third-party for injuries and/or lost wages stemming from the incident. If so, the workers' compensation insurer ordinarily asserts a lien on the recovery to the extent of its payment. That said, courts of different states have outlined the circumstances under which the insurer can recover from the proceeds of the suit, and how much.
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The ability to repay a loan or make payments on a debt out of current income is?
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Does a plaintiff have to repay workers comp out of their settlement in Texas?
In general, yes.
Can the ex custodial parent be made to repay over payments of child support?
Yes, that is money not belonging to you.
Can you repay a 401k loan early?
Yes, you can repay a 401k loan early by making additional payments or paying off the remaining balance in full before the scheduled due date.
How can I effectively repay my home loan?
To effectively repay your home loan, make consistent payments on time, consider making extra payments when possible, and avoid taking on additional debt. Additionally, refinancing at a lower interest rate or term can help save money in the long run.
Can you repay a HELOC during the draw period?
Yes, during the draw period of a Home Equity Line of Credit (HELOC), you are typically only required to make interest payments. However, you can also choose to make additional payments towards the principal balance if you wish to repay the loan faster.
What is finance at a car dealer ship?
Finance means you take out a loan to pay for the vehicle, then you make regular payments to repay the loan.
What happens if you cant reach the student to repay your loan?
If a student is unable to repay a loan, then he or she should first talk to their lender. This will give the person a better chance of reaching an agreement, rather than ignoring the payments and defaulting on the loan.
How do you repay a Home Equity Line of Credit (HELOC)?
To repay a Home Equity Line of Credit (HELOC), you need to make regular monthly payments that include both the principal amount borrowed and the interest accrued. The repayment period typically lasts for a set number of years, during which you must make consistent payments to pay off the balance.
Does social security payments count in figuring out the payment made to the bankruptcy court?
Social security payments are not a factor in the means test. However, they are a factor in terms of your budget and as to how much you have available to repay creditors under Chapter 13.
Can student credit cards be used to repay loans?
Whether or not a you can repay loans with a credit card depnds on the policies of you debtors. You can pay some student loans with a credit card, if you are in default. However private lenders are under no obligation to accept credit card payments.
Do you have to repay workmans compensation if you receive a lawsuit settlement?
You need to check with your work comp state laws, but in most states you do not have to pay taxes on your settlement. You can usually google something like "your state-work comp laws".gov to find website.
