In New York, the law states that business owners are required to have workers compensation coverage. Business owners pay for workers compensation insurance that provides cash benefits as well as medical care to those who have been harmed while performing the duties of their job. The Workers Compensation Board is a New York State agency that processes workers compensation claims. When it comes to workers compensation cases, New York usually holds no party at fault. The amount that is to be received by an injured employee will not be influenced by how the injury occurred or who was at fault. However, it is important to keep in mind that when an employee was injured due to drug or alcohol intoxication, he or she will lose the ability to file for workers compensation.
In the event you receive a New York workers compensation penalty review notice or a notice of judgement, it is crucial that you take legal action as soon as possible to avoid serious liabilities. There are severe consequences for non-compliance that may include monetary penalties that result in hundreds of thousands of dollars. In addition, you could also face criminal liability as well as a Stop Work Order that will prevent your business from operating. According to Section 26 of the New York Workers Compensation law (Enforcement of Payment in Default), an employer must issue payment of compensation within 30 days of when payment was due or it will go into default.
An experienced New York State Workers Compensation Board attorney can defend small businesses as well as homeowners. A skilled attorney can save his or her clients thousands of dollars in fines, and they can also help to remove notice of judgements. For homeowners, this will help if they want to sell or refinance property.
If you are issued a judgement, fine, or penalty by the New York State Workers Compensation Board, be sure to read the notice carefully and don’t respond until you speak with a New York Workers Compensation Board attorney. If you make admissions without an attorney by your side, it could cost you thousands of dollars in future fines.
What Happens if a Workers Compensation Notice is Ignored?
You should never ignore a notice from the New York State Workers Compensation Board. If you do not respond to the notice in a timely manner, a judgement may be issued against you and your business. Not only will you be subject to costly fines, you may also have to pay higher insurance premiums for many years. However, in certain situations, a New York State Workers Compensation Board attorney can prevent this from occurring. In some cases, a Stop Work Order will be issued if you ignore the notice, which will cause financial problems for your business.
What is a Workers Compensation Judgement?
A judgement will address all the contested matters and will terminate a claim. This is the official decision by law. As a result, New York State has the ability to put a hold on your company’s bank accounts, a lien could be placed on your business property and equipment, and it will have a negative impact on your credit report. In addition, this could have a negative influence on your future ability to work with vendors.
What if the Business was Closed?
If you have recently closed your business, several circumstances will influence if you are responsible for judgement or penalty. For more information, we advise that you contact our law offices and speak with one of our legal experts.
How Our Law Firm can Help
We are a skilled team of New York Workers Compensation Board lawyers that have extensive experience handling judgement, penalty, and Stop Work Order cases. We have an in-depth understanding of the New York Workers Compensation statues as well as other administrative actions.
In recent years, New York State has elevated its resources and takes great efforts to penalize business that have not been in compliance with New York State Workers Compensation laws. As part of this effort, New York State has drastically increased these penalties. When New York State has attained a judgement against you, they now have the power to seize your bank accounts and place liens on other assets until fines are paid. If the fines are are not paid, interest may be added to the original balance.
If you have been issued penalty, fine, judgement, or Stop Work Order from the New York State Workers Compensation Board, contact our law offices today.
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