Diagnosed mesothelioma victims and others who are facing an asbestos-related disease have legal options to pursue compensation for their wrongful exposure to asbestos. There is over $30 billion available for victims and loved ones. This compensation can be used for medical treatments, lost wages and other expenses. Compensation for mesothelioma is accessed through a mesothelioma lawsuit, asbestos trust fund claim, VA benefits or more.
As a victim of asbestos exposure you have rights. For years, asbestos companies knowingly allowed their employees to be wrongfully exposed to asbestos while working with their products or on a jobsite. Thousands of people are diagnosed with mesothelioma every year. If you were diagnosed with mesothelioma you may be entitled to compensation. An experienced mesothelioma lawyer or law firm can provide exceptional help with deciding on what legal options you want to take with your mesothelioma diagnosis.
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Filing a Mesothelioma Lawsuit or Claim
Before you can obtain compensation for your mesothelioma diagnosis you will have to file a claim or lawsuit. These will either go against the company who wrongfully exposed you to asbestos or the asbestos trust fund tied to that company. There are several types of claims you may be eligible. It’s best to speak with a mesothelioma attorney to ensure all of your options are discussed and explored.
Trust Fund ClaimsVA Benefit ClaimsInsurance Claims
- There is over $30 billion available in asbestos trusts.
- Claims often pay out faster than a lawsuit settlement or verdict.
- You can file multiple claims against every company you worked for.
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Personal Injury LawsuitsWrongful Death LawsuitsClass Action LawsuitsMultidistrict Litigation
- Lawsuits can take longer but often have a higher reward.
- The average mesothelioma settlement is between $1 and $1.4 million.
- The average mesothelioma verdict is around $2.4 million.
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Statute of
Limitations
The statute of limitations on mesothelioma claims begins after diagnosis for a personal injury lawsuit or at the time of death for a wrongful death lawsuit. Most statutes of limitations for mesothelioma claims fall within 1 to 2 years, but some can reach up to 6 years.
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Average Statute of Limitations
The average statute is around 2 years but most states range from 1 to 4 years to file.
Where to File a Claim
The state you lived in, state where you worked or were exposed to asbestos or the state where the responsible company is located.
Types of Mesothelioma Compensation
Compensation for mesothelioma averages from $1 million to $2.4 million. Your compensation may come from an asbestos trust fund, settlement or jury verdict when you file a mesothelioma lawsuit. There is no exact timing for when you get compensated with a successful lawsuit or trust fund claim but most are usually paid within 1 – 2 years with most getting paid in only a few months if you file a claim against a trust fund.
A settlement or verdict happens when a defendant offers to pay compensation to a mesothelioma plaintiff. The average payout for a settlement or verdict ranges between $1 million and $2.4 million.
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Asbestos trust funds were created in the bankruptcy proceedings of some asbestos companies to ensure victims could still receive compensation. These types of claims have an established process to determine eligibility and disperse funds based on a set payment percentage.
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Mesothelioma is recognized as a covered disease by the Department of Veterans Affairs, so veterans may be eligible to file a benefits claim. This type of compensation is usually paid in a set monthly amount depending on the individual claim.
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Workers exposed on the job who later develop mesothelioma or another asbestos-related disease may be eligible for this type of benefit. Compensation amounts will vary based on each state’s maximum award limits.
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Finding a Mesothelioma Lawyer or Law Firm
To help ensure your mesothelioma claim is successful, it’s important to take the time to find an experienced mesothelioma law firm that has the knowledge, resources and proven results to handle your claim through the entire process.
- Proven success record for mesothelioma cases
- Access to the tools needed to win your case
- Can help get you the compensation you rightfully deserve
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- Can streamline the process with a good background in mesothelioma
- Can help you navigate complex state laws and statutes
- Can often get a more substantial verdict or settlement for you
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