More than 50 asbestos companies have created asbestos bankruptcy trusts. A report by the RAND Corporation showed that by June of 2010, these trusts already had paid billions of dollars to those injured by exposure to asbestos. The asbestos trusts have set aside significant funds to compensate future valid claims.
What does that mean if you have been injured by asbestos and have developed mesothelioma or asbestos? The bankruptcy trust process can be complicated, but here are the ABC’s:
A. If you have a diagnosed asbestos related injury, such as mesothelioma, lung cancer or asbestosis, you may be eligible to get compensation from bankruptcy trusts.
B. The rules governing asbestos bankruptcy trusts are strict and vary from company to company, making the process complicated and confusing. It takes expertise to get a bankruptcy claim approved and settled.
C. Identifying which asbestos trust or trusts to file claims against depends on the source of your exposure, which is usually determined by your work history. Our attorneys take down a detailed work history, determine which products were used at those sites, and then file claims on your behalf against each and every company responsible. Our mesothelioma attorneys have over thirty years experience in filing bankruptcy claims and will get the maximum compensation available.
If you or a loved one have been diagnosed with mesothelioma or asbestosis, call us today and let us help you get the compensation you deserve.
Filing a claim against an asbestos bankruptcy trust can lead to millions of dollars in settlements. The recovery amounts you can receive depend upon developing the facts in your case, which sites and products you were exposed to, and the degree of illness you are diagnosed with. Sometimes it’s as simple as establishing that you worked at a site that was known to have asbestos containing products by the bankrupt asbestos company during your time of employment – but it takes someone who knows these sites, the products, and the companies inside and out – to meet the level of evidence required by bankruptcy trusts. The mesothelioma attorneys at Clapper Patti Schweizer & Mason are experts in establishing this proof and handling these types of claims. Call us today for a free case evaluation.