Thanks to the decades-long latency period of mesothelioma and other asbestos-related diseases, many of the companies responsible for exposing people to asbestos have long since filed for bankruptcy. By doing so, these companies can protect themselves from lawsuits, preventing you from suing them for fair compensation.
Thankfully, the U.S. Bankruptcy Code allows for the creation of bankruptcy trust funds. This means that companies who have successfully filed for bankruptcy reorganization are required to set up a trust with enough money to pay current and future asbestos-related claims. In order to recover compensation, a victim can file an asbestos bankruptcy trust claim by showing evidence of their illness.
This evidence should include:
- Medical documentation showing you have been diagnosed with mesothelioma or another type of asbestos-related disease
- Medical documentation detailing to what extent asbestos exposure contributed to your disease
- A statement from your physician regarding the diagnosis
- Employment records, invoices, or witness affidavits demonstrating that you were exposed to asbestos at the company’s facilities (or from their products)
Most asbestos trust funds are set up to pay out various amounts of compensation for different categories and levels of diseases.
If you or one of your loved ones has been diagnosed with mesothelioma or another disease caused by asbestos exposure, please contact The Law Office of Brown | Kiely, LLP today or call (410) 625-9330 to schedule a free case evaluation. We handle asbestos cases in Washington D.C., Baltimore, Maryland, and nationwide.
