More than 27.5 million people in the United States have been exposed to asbestos at work. Due to the devastating health effects of the toxic substance, asbestos manufacturers and companies compensate injured victims and their families.Request a Free Compensation Guide
Victims collect compensation for mesothelioma from a variety of sources, include trust funds, legal settlements, lawsuits and veteran’s claims. All of the available funding can be used to pay for health care expenses, household bills and any living expenses.
Asbestos trust funds were developed to ensure asbestos victims and their families receive financial restitution. Companies that used asbestos and filed for bankruptcy protection are required to set aside funds for current and future claims. Victims can file claims with multiple trust funds.
Rather than face the publicity of a trial, asbestos companies and asbestos trusts negotiate settlements with victims. These out-of-court settlements provide compensation for medical expenses, lost wages and living expenses.
When the injured party and the company cannot agree on a settlement amount, a trial might be the best option. If the judge or jury determines the company is liable, the injured party can receive financial compensation. Sometimes lawsuits are filed jointly with other victims.
Veterans who have been exposed to asbestos can file claims with the U.S. Department of Veterans Affairs. Veterans have access to disability claims that provide health care and financial compensation.
Maybe. If you are filing a claim through an asbestos trust fund, you will not have to go to court. In the case of an asbestos lawsuit, many cases never make it to trial because companies prefer to avoid the publicity and expense. Every case is different so your mesothelioma attorney will help you decide how to proceed.
Every mesothelioma case is unique. In many cases, asbestos exposure will come from multiple sources. Our mesothelioma lawyers will help determine where your exposure occurred.
Although each mesothelioma asbestos trust is governed by specific guidelines and boards of trustees, each has similar standards that establish how compensation is determined. The rules are applied on a case-by-case basis.
The following information is used when determining asbestos compensation claims amounts:
The best way to determine individual compensation amounts is to contact an attorney who handles similar cases. The leading asbestos lawyers review the case facts to help patients and their families understand their options.
Mesothelioma compensation was designed to make restitution to patients and their families. Most companies knew about the inherent dangers of asbestos but continued to use asbestos-laden products. Individuals who seek financial assistance from trusts are not seeking handouts; instead, they are seeking compensation for corporate recklessness.
Mesothelioma compensation helps patients and their families with the following expenses:
Compensation also allows for pain and suffering, which is the physical trauma and emotional anguish caused by the diagnosis. Examples of pain and suffering include:
Mesothelioma compensation helps patients with past and current medical expenses and safeguards family members from any future debt. Compensation can provide the peace of mind patients and their families need during the most stressful time in their lives.
Yes. In some cases, claimants are eligible to seek compensation under both a trust fund and lawsuit. Since each claimant has individual circumstances, a mesothelioma attorney can help determine the best approach.
To be eligible for asbestos compensation, individuals must be able to document their exposure to the substance and medical history. The following three criteria are most often used to determine eligibility for an asbestos claim:
Following a diagnosis, patients should act quickly to file a claim. A mesothelioma attorney helps patients and their families gather information to meet eligibility criteria and file documentation for compensation before the statute of limitation expires.
When a family member dies as a result of asbestos poisoning, spouses, children and other close relatives can collect compensation for their loss. Asbestos trusts compensate family members of asbestos-cancer victims for medical bills, funeral costs and other tangible expenses. Trust fund compensation also provides compensation for grief and long-term financial security.
To gain access to asbestos bankruptcy trusts, family members must establish a link between asbestos and the at-fault company. Also, the following must be confirmed:
Mesothelioma trust funds claims allow surviving family members to secure the funds needed to avoid financial hardship. Trust fund claims also provide compensation for pain and suffering.
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Joyce Courtney-Peterson is a lawyer and legal advocate at Mesotheliomafund.com. Joyce Courtney-Peterson is a proud graduate of the University of Florida with honors, and she received her Juris Doctor in 1978 from Samford University's prestigious Cumberland School of Law with honors. Joyce is a cancer survivor so she understands the emotions that go into fighting cancer and strives to keep at-fault corporations accountable for the injuries they caused.Learn More