A mesothelioma trust fund is created on behalf of negligent asbestos companies that have gone bankrupt. The purpose of the trusts is to set aside money for future asbestos claims. These trust funds protect mesothelioma victims who deserve compensation from bankrupt asbestos companies
What Is a Mesothelioma Trust Fund?
Also commonly called an asbestos trust fund, these trusts are created to secure future compensation for mesothelioma victims when asbestos manufacturers file for Chapter 11 bankruptcy protection.
Mesothelioma Trust funds created through Chapter 11 bankruptcy:
Are funded with enough money to compensate future claims.
Allow people to file a claim with the trust fund instead of suing the company.
Help people with all types of asbestos-related diseases.
Asbestos victims have a legal right to seek compensation to help pay for:
Cancer treatment, medical devices, and home health aides
Travel expenses related to cancer treatment
Lost wages and other forms of lost income
Mesothelioma victims may be able to file claims against one or more trusts. The process may require you to provide medical records, a physician statement, and an asbestos exposure summary.
An experienced asbestos lawyer can provide you a list of asbestos bankruptcy trusts and help you navigate the trust fund process. These trust funds help people with all types of asbestos-related diseases, but mesothelioma claims usually result in the highest compensation.
Lawyer and on-site legal advisor Joe Lahav explain mesothelioma trust funds and how victims of asbestos exposure can qualify.
List of Asbestos Trust Funds
The following chart shows the top asbestos trust funds available in the U.S. to mesothelioma patients and their families.
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