Mesothelioma Compensation

Mesothelioma lawsuits are filed against the companies that manufactured, sold, and used asbestos in products. These companies largely knew the substance was dangerous and unfortunately continued using it to maintain profits.

WHY YOU SHOULD FILE A LAWSUIT AGAINST THESE COMPANIES

Lawsuits can lead to legal settlements or court verdicts. These can result in up to several millions of dollars in compensation to help pay for treatment costs, medical bills, lost wages, home mortgages and more.

Your mesothelioma resulted from the negligence of greedy corporations. As such, you have the right to hold these negligent corporations accountable and receive a financial safety net.

Asbestos trust funds, another type of mesothelioma claim, are bank accounts created by asbestos companies to pay victims. They are different from lawsuits in that the claims don’t involve court hearings and usually lead to faster, nearly guaranteed payouts.

Many companies who sold asbestos-containing products declared bankruptcy due to the high number of claims filed against them. Most of these bankruptcy filings involve Chapter 11 of the Bankruptcy Code, which allows these companies to reorganize. They create subsidiary “shell” companies to take the legal liabilities while the main company resumes operation.

WHY DO COMPANIES FILE FOR BANKRUPTCY?

Companies use this strategy because bankrupt companies cannot be taken to court in a lawsuit. To prevent companies from avoiding responsibility completely, the U.S. court system requires asbestos companies to set up trust fund bank accounts to pay victims exposed to their asbestos products.

The approval process for an asbestos trust fund claim is much faster than filing a lawsuit. Victims can often start receiving trust fund payments as early as three months from the time they hire a mesothelioma law firm.

There is approximately $30 billion set aside in more than 70 asbestos trust funds. The amount will fluctuate, but trustees of these various trusts ensure money is available.

An experienced mesothelioma attorney can help determine your exposure history and access your fair share of these funds. Get access to asbestos trust funds now.

Wrongful death claims are used if the person diagnosed with mesothelioma passes away, leaving their surviving loved ones with financial and emotional strain. Some states may have different laws on who can file wrongful death claims. However, all states will acknowledge the surviving spouse or children of the victim who was diagnosed with mesothelioma as heirs.

Veterans with mesothelioma make up a large number of people diagnosed with the cancer: approximately 33%. This is due to the amount of asbestos-containing products used by the military.

There are several types of compensation available to veterans diagnosed with an asbestos illness. The most common benefits are VA Disability Compensation and VA Pension.

The top mesothelioma law firms will work with you without needing upfront payment. They only receive money if you win your case, which is called working on a “contingency basis.”

Even if you do not know which companies exposed you to asbestos, your lawyer should be able to connect your work history to known uses of asbestos and determine the responsible parties. Trust the experts.

VA claims are filed with the government, but these are not legal claims. The companies that manufactured, sold, and used asbestos are the ones you’ll file legal claims against – even if you were exposed during military service. The military is not usually at fault for this exposure; the responsible companies are the ones that made and sold asbestos products to the military.

The best mesothelioma lawyers will protect you from spending your personal time and resources on the case. They’ll handle researching and filing the claim for you, plus all negotiating with other parties.

You are not required to travel. Your lawyers will travel to you for meetings or schedule virtual meetings to minimize the stress on you and your family. You will likely record a deposition with your legal team to use during court proceedings. This serves as testimony to use instead of you being in-person.

Many people with mesothelioma receive hundreds of thousands of dollars, which can be used toward treatment costs and medical bills. Some people even receive millions of dollars from settlements or verdicts in lawsuits.