More Than $30 Billion Set Aside for Mesothelioma Victims
If you or someone you love has been diagnosed with mesothelioma, find out what you are owed now by completing our free, online case evaluation.
Mesothelioma Trust Funds
In the early 1970's U.S. courts began to see a rise in the number of asbestos-related cases. In order to make the process go faster, a number of companies have banded together into loose organizations, wherein they each pay money into allocated trusts that are designed to pay victims of mesothelioma, asbestosis and other asbestos-related illnesses. Some companies have established trusts on their own.
Currently, more than $30 billion sits in trust, available to those who have been diagnosed with mesothelioma and other asbestos-caused illnesses. The amount of money in these trusts is expected to rise over time, as more and more cases of confirmed asbestos-related mesothelioma surface.
The trusts have been ordered by the federal government as a result of these companies filing Chapter 11 Bankruptcy and being restructured as to be able to provide for mesothelioma victims, while still conducting business. More than 60 companies fall into this category and more are expected to follow suit in the future.
Those who suffer from mesothelioma are aware of the huge medical expenses that come with such a burden. The mesothelioma trust fund is a proven way to compensate those diagnosed with this terrible illness.
If you or a loved one has been diagnosed with mesothelioma, you may be eligible for compensation from the mesothelioma trust fund to help cover medical bills, lost wages and other household expenses. Mesothelioma lawsuits are complicated, detailed matters that require the assistance of an experienced group of lawyers that understand the complex nature of these cases.
While the majority of mesothelioma cases are settled out of court, some victims are not satisfied with the proposed settlements by the trustees of the mesothelioma trust funds. In such an event, a lawsuit is filed and attorneys enter into litigation proceedings on behalf of the mesothelioma victim. Still, most cases are never actually heard in court, and end up being settled before trial. Experienced mesothelioma lawyers can make sure you get the best settlement for your case.
Call 1-800-431-9730 now. Our attorneys and legal professionals are ready to help you.