Menu
If you have been diagnosed with mesothelioma or another asbestos-related disease, there are normally multiple ways that you can pursue compensation. There is currently over $30 billion available for victims of asbestos-related diseases that has been put aside by companies that have exposed people to asbestos through their products. To get money from these asbestos trust funds, you do not have to sue anyone, and you can avoid any possibility of going to court. There are over 60 companies who have put money into these funds. Filing a claim with an asbestos trust or multiple trusts is one way to pursue compensation for your diagnosis.
Up until a few decades ago asbestos was commonly used in a lot of products. Due to its heat resistant properties and the fact that it was relatively cheap, it was an attractive product for manufacturers and employers alike. There were many trades in which workers encountered asbestos during their daily workdays and, in turn, breathed in the carcinogen. Some of these occupations include:
Before the general public knew about the dangers of asbestos, many workers would encounter the material without knowing its dangers. Breathing in any amount of asbestos can lead to an asbestos-related disease, such as mesothelioma, lung cancer, or asbestosis. After being sued a multitude of times for causing asbestos-related diseases, manufacturers and companies filed for Chapter 11 Bankruptcy and put money into asbestos trust funds. This means that if you or a loved one has been diagnosed with an asbestos-related disease, you can still be compensated through these funds, without having to sue.
It is important to find an experienced law firm that handles the filing of asbestos claims with an asbestos trust or multiple trusts. This is a nuanced process with steps, and an experienced lawyer will know how to properly file a claim.
Because you or a family member may have been exposed to asbestos through multiple employers or manufacturers there is no limit to how many claims are filed to obtain compensation from these asbestos trust funds. It is important to note that rules differ for every trust. That is why it is important to contact a lawyer who knows the ins and outs of the industry.
As previously mentioned, there are over 60 companies who have contributed money to these asbestos trust funds. Some of the top contributing companies are:
To learn more about trust fund amounts available from each company, read our page on asbestos trust funds.
Before filing a claim with a trust, there must be medical documentation of an asbestos-related disease. This is required by every trust. Additionally, every trust has a list of sites that they approve of giving compensation for. This is another reason why it is important to contact one of our asbestos trust claims specialists. They will know which sites are approved and which ones are not. Another important thing to note is that not everyone who files a claim with a trust will get the same amount of money from that trust. Payment amounts differ based on the claim.
It is important to act as quickly as possible to secure compensation from these trusts, as they are currently changing, and some trusts are constantly opening and closing. Contact us today to find out how we can help you file a claim.
Our website is filled with information on filing asbestos-related claims. Call us today at (800) 505-6000 or fill out our simple contact form for more information. You can also download our free eBook filled with information on asbestos trust funds right through our website. We help asbestos-related disease victims and their families in Pennsylvania.
Sources: