Companies that have exposed their workers to asbestos have been sued and are now compensating their workers through settlements or bankruptcy trusts. Apart from this, veterans can also seek compensation. The amounts of compensation in meseothelioma claims vary on factors such as funeral costs, wages and distress.
This initiative has not only helped people to compensate their loss of income and medical bills, it has also helped hold people accountable for their gross negligence in the matter of exposure to asbestos.
The amount of compensation caries on each claim. Some claims even reach as much as millions of dollars. It is very hard to tell how a case will end or how much compensation it will receive. However, there are experienced asbestos attorneys to help determine a personís eligibility for a compensation claim.
In many cases, mesothelioma is traced back to the same group of companies which held silence despite knowing the harmful effects of asbestos exposure. If you can prove that your company kept quiet about the health dangers just to make profit, you deserve compensation.
There are a great many types of mesothelioma claims which could fit your profile. Your lawyer could help you file the claim that is closest to your case. If, however, you or your close one is not filing a claim there are many types of other financial help that you can claim in order to help you.
What Type of Compensation Can You Receive?
Factors that determine compensation include:
- Physical and mental distress (also known as "pain and suffering")
- Lost wages
- Medical expenses, including those not covered by health insurance
- Group support for you and your loved ones
- Funeral expenses
- Travel costs for medical treatments
- Get Help Attaining Compensation
A mesothelioma attorney can help you file a claim. Usually compensation is delivered after the lawsuit settles and that can take many years. If you are suffering badly, your attorney can help you file a claim with a bankruptcy trust fund.
Types of Compensation
Bankruptcy Trust Funds
When the number of asbestos related lawsuits began to pile up, a lot of the companies went bankrupt, many went out of business and many had to merge with other companies meaning that these companies no longer exist.
However, this doesnít mean that you canít claim your compensation from them. These companies set a bankruptcy fund in order to compensate their victims and are playing a big role in settlements due to the dispatch of funds very quickly.
Many defendants advise to settle a claim rather than work up legal fees when it comes to mesothelioma cases. Many mesothelioma attorneys are paid only if they win. Defendants, however, are paid monthly and their salaries are not tied to the outcome of the verdict. Still, many defendants are willing to go to court if they see that their claim is strong but have the right to negotiate and pull out if they see that the case is favouring the claimant.
There are no set guidelines about who is guilty and who isnít in case your case doesnít get settled. Each case is unique and the verdict can go either way depending on evidence.
Victims and their families can get compensated for their lost income, medical bills and other costs.