On June 30, 2012, the New York State Workers Compensation Board will issue penalties to thousands of small businesses and homeowners throughout NYS. Our award-winning New York State Workers Compensation Defense Penalty Lawyers have saved our clients over $1,000,000.00 in fines and judgments. Read what our clients have said about our services – click here. Call us now at (800) 893-9645 to learn if we can assist you and save your business and life savings. We know the law and your legal options.
Q: What should I do if New York State issues my small business a penalty, fine, judgment or Stop Work Order for not having Workers’ Compensation or Disability Insurance?
A: If you are given a penalty, judgment or fine by the New York State Workers’ Compensation Board, you should read the notice thoroughly but do not respond by making any damaging admissions which can cost you thousands of dollars in penalties in the future. Instead, call our experienced New York Workers’ Compensation Board Defense Lawyers who have over 25 years of legal experience and have successfully saved small businesses over one million dollars in judgments and fines from the New York State Workers’ Compensation Board.
Q: What could happen if I ignore the Workers’ Compensation Notice?
A: The worst thing you can do is to ignore the Notice. Your failure to answer the Notice in a timely manner could result in a judgment being issued against your business and, possibly, you personally. Your business could be found responsible for thousands of dollars in fines and penalties in your absence. In addition, this may result in you paying higher insurance premiums for several years. In certain circumstances, this can be avoided by hiring the right lawyer.
In addition, the New York State Workers’ Compensation Board could issue a Stop Work Order preventing you from operating your business.
Q: What is a judgment?
A: A valid money judgment is a legal judgment that resolves all the contested issues and terminates a claim and is considered the official decision of the law on the action. In other words, New York State can freeze your business’ bank accounts, place a lien on your business’s real property and equipment and adversely affect your credit report and ability to work vendors.
Q: I already closed my business. Can I be personally responsible for the penalty or judgment?
A: It depends on the circumstances. For more information, call our office and speak with one of our experienced Workers’ Compensation Defense Lawyers.
Q: What can your Law Firm do for me?
A: Our New York Workers’ Compensation Board attorneys will fight to protect your business and your assets. Our lawyers know the Workers’ Compensation statutes, the Workers’ Compensation law and the administrative procedures. Based on our arguments and presentation, we have saved companies over one million dollars by obtaining a rescission and/or complete or partial reduction of the judgment. We welcome the opportunity to discuss how we can defend your business against this judgment and protect your business’s valuable business interests and assets. Your business may be exempt from workers’ compensation coverage. Call us now at (800) 893-9645 to learn how to protect and defend your business.
Recently, New York State has increased its efforts to penalize business that did not comply with the State’s Workers’ Compensation law and, as part of the process, the State significantly increased the penalties. Once New York State has obtained a judgment, it can seize bank accounts and place liens on valuable and critical business assets. If unpaid, the amount of the judgment may increase with the accumulation of interest. In addition, a judgment can negatively impact a company’s credit report and score, its ability to obtain financing, and its relationships with vendors.
Disclaimer: Thank you for visiting our Blog. This blog provides general information and thoughts about various employment law issues primarily in the New York Tri-State area and occasionally in other areas. You are welcome to read the posts. However, do not construe any content on this blog as legal advice or the creation of an attorney-client relationship. Again, we provide the content only for informational purposes. You should not make decisions based information on our blog since the application of the law depends on the facts and each situation may be different. In addition, the law in most jurisdictions is different and changes constantly and we make no representations that any information on our blog has been updated. The Blog should not be used as a substitute for competent legal advice from an experienced employment law attorney in your state or jurisdiction.