Welcome to our guide on the list of mesothelioma bankruptcy trusts. Mesothelioma is a rare and aggressive form of cancer caused by asbestos exposure. For many years, asbestos was widely used in building materials, industrial products, and even household items. As a result, millions of people have been exposed to asbestos and may develop mesothelioma or other related diseases. If you or a loved one has been diagnosed with mesothelioma, it’s important to know that help is available. One potential source of compensation is through mesothelioma bankruptcy trusts.
The Purpose of Mesothelioma Bankruptcy Trusts
Mesothelioma bankruptcy trusts were created to provide financial compensation for victims of asbestos exposure. When companies that manufactured or used asbestos are faced with lawsuits, they may file for bankruptcy. In these cases, a trust is established to compensate current and future claimants. The funds in the trust come from the assets of the bankrupt company and are administered by trustees.
There are currently over 60 mesothelioma bankruptcy trusts in the United States. Each trust has its own set of rules and procedures for filing a claim. Some trusts may require proof of exposure, while others do not. It’s important to understand the specific requirements of each trust before filing a claim.
List of Mesothelioma Bankruptcy Trusts
Below is a comprehensive list of mesothelioma bankruptcy trusts:
Trust Name | Company | Date of Filing |
---|---|---|
A-Best Products Company | A-Best Products Company | 2002 |
AC&S, Inc. | AC&S, Inc. | 2002 |
AH Robins Company | AH Robins Company | 1985 |
Armstrong World Industries, Inc. | Armstrong World Industries, Inc. | 2000 |
Asarco LLC | Asarco LLC | 2005 |
Asbestos Claims Management Corporation | Cape Industries | 1987 |
ASARCO | ASARCO | 2005 |
Babcock & Wilcox Company | Babcock & Wilcox Company | 2000 |
C.E. Thurston & Sons, Inc. | C.E. Thurston & Sons, Inc. | 1984 |
Carey Canada Inc. | Carey Canada Inc. | 2006 |
Celenese Corp. | Celenese Corp. | 2007 |
Christy Refractories Company, LLC | Christy Refractories Company, LLC | 2002 |
COPAGAS Northern California Asbestos | COPAGAS | 1988 |
Dresser Industries, Inc. | Dresser Industries, Inc. | 1998 |
Eagle-Picher Industries, Inc. | Eagle-Picher Industries, Inc. | 1991 |
Flintkote Company and Flintkote Mines Limited | Flintkote Company and Flintkote Mines Limited | 2004 |
Frequently Asked Questions About Mesothelioma Bankruptcy Trusts
1. Who is eligible to file a claim with a mesothelioma bankruptcy trust?
Each trust has its own eligibility requirements. Generally, to file a claim you must have been exposed to asbestos from a company that is part of the trust.
2. How much can I receive from a mesothelioma bankruptcy trust?
Compensation varies depending on the trust and the severity of your illness. Some trusts have a predetermined payment amount, while others consider factors such as age, occupation, and exposure level.
3. How do I file a claim with a mesothelioma bankruptcy trust?
You will need to submit a claim form along with supporting documents, such as medical records and employment history. Each trust has its own procedures for filing a claim, so it’s important to review the specific requirements carefully.
4. Do I need a lawyer to file a claim with a mesothelioma bankruptcy trust?
While you are not required to have a lawyer, it is highly recommended. An experienced mesothelioma attorney can help you navigate the complex process of filing a claim and ensure that you receive the maximum compensation available.
5. Will filing a claim with a mesothelioma bankruptcy trust affect my Social Security or other benefits?
No, filing a claim with a mesothelioma bankruptcy trust should not affect your Social Security or other benefits.
6. How long does it take to receive compensation from a mesothelioma bankruptcy trust?
The timeline for receiving compensation varies depending on the trust and the complexity of your case. Some claims may be processed quickly, while others may take several months or more.
7. Are mesothelioma bankruptcy trusts the only source of compensation for mesothelioma victims?
No, mesothelioma victims may be eligible for compensation from other sources, such as asbestos trust funds, settlements, or lawsuits against asbestos manufacturers or employers.
8. What should I do if I have been diagnosed with mesothelioma?
If you have been diagnosed with mesothelioma, it’s important to seek medical treatment and consult with an experienced mesothelioma attorney. A mesothelioma lawyer can help you understand your legal options and pursue compensation for medical expenses, lost wages, and other damages.
9. Can I file a claim with multiple mesothelioma bankruptcy trusts?
Yes, if you worked for multiple companies that are part of different trusts, you may be eligible to file a claim with each trust.
10. Are mesothelioma bankruptcy trusts only available in the United States?
While mesothelioma bankruptcy trusts are most common in the United States, some other countries, such as Canada and Australia, have established similar compensation systems for asbestos victims.
11. What happens if a mesothelioma bankruptcy trust runs out of funds?
If a mesothelioma bankruptcy trust runs out of funds, it may be required to file for bankruptcy or seek funding from other sources. In this case, claimants may receive lower compensation or have their claims denied altogether.
12. What happens if I miss the deadline to file a claim with a mesothelioma bankruptcy trust?
If you miss the deadline to file a claim with a mesothelioma bankruptcy trust, you may lose your right to compensation. It’s important to consult with an attorney as soon as possible to ensure that you meet all deadlines and requirements.
13. What types of expenses can mesothelioma bankruptcy trusts compensate me for?
Mesothelioma bankruptcy trusts may compensate you for a range of expenses and damages, including medical expenses, lost wages, pain and suffering, and other related costs.
Conclusion
If you or a loved one has been diagnosed with mesothelioma, filing a claim with a mesothelioma bankruptcy trust can be an important source of financial compensation. However, the process of filing a claim can be complex and time-consuming. It’s important to consult with an experienced mesothelioma attorney who can help guide you through the process and ensure that you receive the maximum compensation available.
Remember that each mesothelioma bankruptcy trust has its own set of rules and procedures. Reviewing the specific requirements carefully and submitting a complete claim can increase the likelihood of receiving compensation.
If you have questions or concerns about mesothelioma bankruptcy trusts, don’t hesitate to contact an attorney for help.
Closing Disclaimer
The information contained in this article is not legal advice and is for educational purposes only. We strongly recommend that you consult with an attorney regarding your individual situation. Mesothelioma cases can be complex and the laws governing them vary by state and jurisdiction. We make no representations or warranties regarding the accuracy or completeness of the information contained herein and we will not be liable for any errors or omissions in this information or for any losses or damages arising from its use.