{"id":6021,"date":"2013-12-26T09:00:16","date_gmt":"2013-12-26T14:00:16","guid":{"rendered":"http:\/\/www.duncanlawonline.com\/?p=6021"},"modified":"2013-12-26T09:00:16","modified_gmt":"2013-12-26T14:00:16","slug":"what-is-a-form-31-in-workers-compensation","status":"publish","type":"post","link":"https:\/\/www.duncanlawonline.com\/staging\/8350\/what-is-a-form-31-in-workers-compensation\/","title":{"rendered":"What Is A Form 31 in North Carolina Workers' Compensation?"},"content":{"rendered":"

\"ResearchWorkers\u2019 compensation payments are normally paid out on a weekly basis. Occasionally life throws us curveballs (family illness, loss of a spouse\u2019s job, house or vehicle problems) and we need more than the weekly benefit that you are regularly receiving. So when that happens, can you get a lump sum payment for your workers\u2019 compensation<\/a> benefits?<\/p>\n

In some cases, yes.\u00a0 As long as your payment is continued for six weeks or more, you can fill out Form 31<\/a> (Application for Lump Sum Award).\u00a0 In some cases, if the Industrial Commission deems it in your best interest or in the best interest of your dependents to get a lump sum reward; this lump sum can be in whole or in part but it cannot exceed the total amount you have been awarded.\u00a0 There are also cases in which the Commission will approve a lump sum payment to prevent an undue hardship on the employer or his insurance carrier; this is done without prejudice to the employee or their dependents.<\/p>\n

Should you wish to use your lump sum to buy property of any kind, you must specify that in your request and provide three estimates of the value of the property and add that to your Form 31 as an attachment.\u00a0 When filling out your Form 31, you will be asked to name all of your dependents, any outstanding bills and the amounts owed, along with a detailed reason stating the purpose of your request.\u00a0 Upon filling out the form, you will serve this form to the insurance carrier and a copy to the Industrial Commission.<\/p>\n","protected":false},"excerpt":{"rendered":"

Workers\u2019 compensation payments are normally paid out on a weekly basis. Occasionally life throws us curveballs (family illness, loss of a spouse\u2019s job, house or vehicle problems) and we need more than the weekly benefit that you are regularly receiving. So when that happens, can you get a lump sum payment for your workers\u2019 compensation … Read more<\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[15],"tags":[],"class_list":["post-6021","post","type-post","status-publish","format-standard","hentry","category-workers-compensation"],"yoast_head":"\nNC Workers' Comp Form 31 Explained | Duncan Law<\/title>\n<meta name=\"description\" content=\"Form 31 lets NC workers' comp recipients request a lump sum payment. 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