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An asbestos trust fund is founded by bankrupt companies liable for asbestos-related diseases caused by their products. Mesothelioma, asbestosis, lung cancer, and more can be linked to asbestos exposure. Symptoms of asbestos-related disease include:
The Owens Illinois asbestos trust is set up for victims of asbestos-related diseases because of their products.
Owens-Illinois is known for their glass products. Asbestos was used in glass production due to its heat- and fire-resistant properties. Protective gear and equipment used asbestos to reinforce materials as well. In 2000, the company filed for bankruptcy due to an overwhelming number of asbestos lawsuits brought up against them.
The amount a claimant may receive depends on different factors, such as type of disease, level of disease, and disability. If you served, you also may be eligible for Veterans benefits.
It is important to note that filing a claim with an asbestos trust fund does not guarantee compensation. The factors mentioned above, and proof of you r exposure to Owens Illinois products play a part in your settlement.
When filing for asbestos trusts, it is important to go through knowledgeable bankruptcy trust specialists. These specialists know the rules of each trust and can file your claim accordingly. Experienced attorneys can also advocate for our case and get you the maximum settlement. They may also find you are eligible for other trusts as well.
For more information, call (800) 505-6000 or fill out our contact form and someone will be in touch with you right away.
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