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.
A mesothelioma Ad television commercial is often the first introduction most people have to this rare and aggressive cancer caused by exposure to asbestos . The mesothelioma Ad usually start with: “If you or a loved one was diagnosed with mesothelioma” The information that follows is almost always about reaching a lawyer regarding a potential legal claim. While this mesothelioma Ad help raises awareness about the disease, they often leave viewers with unanswered questions: Can any attorney represent mesothelioma patients? What are asbestos trust funds? How do mesothelioma lawyers get paid? Why do people with mesothelioma have to call now? Malignant mesothelioma is unique among medical conditions. It is deadly cancer caused almost exclusively by manmade asbestos products. Those who manufactured these products and the companies that used them often knew asbestos was toxic to humans but didn’t warn workers or their families. Because of the ne...
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