Injured Worker v. Financial Credit Network Inc., SIBTF

Practice Area: SIBTFWorkers Compensation
Date: November 4th, 2024
Outcome: SIBTF award for 100% disability (Estimated value in excess of $800,000)

The injured worker suffered work-related injuries to her bilateral elbows and bilateral wrists while working as a collector at Financial Credit Network Inc. This was settled by compromise and release for $86,000 on 11/02/2022.
After the settlement of her workers’ compensation claim, Silberman & Lam, LLP filed a claim with the subsequent injury benefits trust fund (SIBTF) as the injured worker had prior health conditions such as diabetes mellitus, hypothyroidism, hypertension, obesity, urinary frequency, gastric bypass/cholecystectomy, and issues with her legs.
Through thorough litigation, Silberman & Lam, LLP was able to secure an award of 100% disability against SIBTF on 11/4/2024. The injured worker was entitled to back benefits of $18,370.37 and ongoing weekly benefits of $562.94, increasing each year plus cost-of-living adjustments (COLA). On average life expectancy, the award has an estimated present value over $800,000.