Filing for an Asbestos Bankruptcy Trust Claim
How Making an Asbestos Bankruptcy Claim is Different than Prosecuting a Lawsuit
A traditional mesothelioma lawsuit takes much longer than an asbestos bankruptcy trust claim to settle. Unlike filing a lawsuit, a bankruptcy claim filed by an experienced asbestos attorney is a simpler process that takes less time and is much less stressful. You do not have to give testimony, give a deposition or go to trial.
Instead, you talk with one of our attorneys, who can then determine which asbestos products you were exposed to. Seems simple, but this is one of the most important reasons to have one of our attorneys represent and guide you. Determining the products you were exposed to and which companies are responsible takes an expert. We have been exclusively helping clients with this process for over three decades and are very experienced in identifying which bankrupt companies to file claims against.
Our mesothelioma attorneys are uniquely experienced in proving your claim, negotiating with asbestos trusts, and ensuring final settlements and fair payments.
While some trusts claims are settled quickly, others can take a year or longer to resolve. Depending on the degree of your illness and proof of exposure, the amounts from bankruptcy trust claims can be quite significant.
Qualifications for Filing an Asbestos Bankruptcy Trust Claim
There are three main qualifications for filing a valid bankruptcy trust claim which our attorneys will determine if you are eligible:
- Statute of Limitations – even if the time has passed for bringing a mesothelioma lawsuit, you may still be eligible to file a bankruptcy trust claim. The statute of limitations varies, so contact our attorneys who can quickly determine if you qualify to file.
- Legitimacy and degree of your illness (proved through medical records showing your diagnosis). Generally speaking, the more severe your illness is, with mesothelioma being the most severe, the higher the settlement amount of your claim.
- Proof of exposure to the asbestos products produced, manufactured or used by the company represented by the trust.
Our asbestos attorneys will gather the evidence needed to meet these requirements. If you worked with or around the bankrupt company’s asbestos containing products during the period of time when asbestos was in use, we can get documents such as employment records, affidavits, co-workers testimony, invoices and other related documents that meet the criteria required by the trusts.
If you have been diagnosed with mesothelioma or an asbestos related disease, call us today and we can help determine which trusts you may be eligible to file a claim against and collect money from.
800-440-4262