2012/05/18 $600,000 osha settlement in bostik plant blast The Labor Department says it has reached a $600,000 settlement with adhesives manufacturer Bostik Inc., over workplace safety citations related to a March 2011 explosion at its plant north of Boston.
Follow related website bookmark from Reddit: I was awarded $200k in an injury settlement from being hit by a car while cycling. AMA
A few details:
* I was bicycling & got hit by a car that had no business driving into me. There was no question of liability, which is why it was settled out of court.
* It took 4 years to get the money. Lawyer took 25%, which is better than the going rate. He worked on discount because it was such an open& shut case. even then, 4 years?
* Injury: bones of lower leg were splintered into about 5 pieces, some of which broke the skin. 1 emergency reconstructive surgery & another one later on. Had blood clots. I have a cool scar.
* I'd rather it never happened and I hadn't gotten the money. I lost too much of those years and my leg will never be right again. Having the money doesn't fix that. I limp sometimes. I was planning on going dancing the night I got hit :(
* I actually felt bad for the driver. She was clearly racked with guilt. She made a mistake. How many mistakes do we all make - and luckily get away with? I never spoke with her after the accident.
* I haven't done anything with the money, which I got last summer. I'm intimidated by it. I avoid financial matters in general and I don't want to do the "wrong" thing with it. It's in a CD. I only took a few thousand out of it to pay off credit card debts I accrued while I was out of work. I'd never had a credit card balance before then. I only let myself go into a bit of debt as an indulgence, knowing the payoff was coming. Other than that, I haven't touched the settlement money - not even to buy a nice dinner.
* Medical and injury insurance and law is completely dysfunctional.
AMA
more
Settlement (litigation) definition from wikipedia: In law, a settlement is a resolution between disputing parties about a legal case, reached either before or after court action begins. Settlement may refer to:
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Hot discussion:
re: debt settlement vs. bankruptcy &8211; weighing the pros and cons
re: debt settlement companies suffer from premature representation
Debt settlement is a good option if you have access to cash to make a lump sum settlement, and you don't want to file a consumer proposal or bankruptcy. http://www.moneyproblems.ca/debt-settlement.htm
Debt settlement - Wikipedia, the free encyclopedia
Debt settlement, also known as debt arbitration, debt negotiation or credit settlement, is an approach to debt reduction in which the debtor and creditor agree on a reduced ... http://en.wikipedia.org/wiki/Debt_settlement