What Are the Types of Mesothelioma Compensation?

There’s a two-front war that most asbestos products and cases lead to. There’s the typical case that you think of when you’re watching television. There’s lawyers like me in a courtroom. There’s briefing schedules, there’s depositions and discovery, and a great deal of litigation. That’s a lawsuit. Now, the other battlefront is one that people really know a little bit less about outside of what we do every single day. And that’s claims over the years. A lot of companies have used the bankruptcy courts in the United States to set their asbestos liabilities aside, take a pot of money, and leave it for future claimants to file a claim and say, I was exposed to a this company, and they get a sum of money awarded to them. If their claim is verified and validated by the trust, it’s a bankruptcy trust that they file with. We usually fight both battlefronts at the same time.

You know, they, we can use documentary proof or an affidavit, or the testimony from the lawsuit to file that claim against the bankruptcy trusts in order to get those claims paid. Sometimes those claims pay faster than a lawsuit will end up getting paid. They come in dribs and drabs and small amounts because again, just like any other lawsuit, there’s usually a lot of exposures to a lot of different companies with a typical mesothelioma case. So those are the two battlefronts: the typical lawsuit and the bankruptcy trusts claims. If you or a loved one have been diagnosed with mesothelioma, MesotheliomaHope.com and Simmons Hanly Conroy can help.