Mesothelioma Lawyer Irving TX – Asbestos Lawyer Irving Texas

Mesothelioma Lawyer Irving TX – Asbestos Lawyer Irving Texas – Mesothelioma Lawsuit

Diagnosed with Mesothelioma or Lung Cancer as a result of asbestos exposure?  Lost a loved one to this terrible disease?  We are here to help.  You may be entitled to settlement and trust fund money to help pay for bills and provide financial security for your family and loved ones.  Call us today to see if you qualify.  This is a free no obligation consultation.  There are no legal fees or costs to you unless you receive money at the end of the case.  Please Call Toll Free 1-866-777-2557 or fill out our Contact Form and an Irving Mesothelioma Lawyer will contact you as quickly as possible to discuss your case.

Mesothelioma Lawyer Irving TX

Representing the entire state of Texas:

Mesothelioma Lawyer Irving TX

Trust Funds for Mesothelioma and Asbestos

The dangers of asbestos and its use for people in various occupations across a range of industries became known quite a bit earlier than its use was mostly discontinued. The first real link between asbestos and its harmful impact on people’s health including the development of mesothelioma was discovered in the 1960s, yet the material continued to be used.

Asbestos Lawsuits

During that time, these asbestos companies began to be sued by individuals and groups. These companies were defendants in personal injury and wrongful death lawsuits. As a result of these lawsuits, many companies filed for bankruptcy in an attempt to alleviate or at least limit their liability against the onslaught of litigation requiring them to pay substantial settlements.

When the companies filed bankruptcy, they were often required by law to create trust funds that would provide compensation to those people with legitimate claims. This included not only current but also future claims that could arise.

When a trust fund isss created, it is managed by a separate board of directors from the leaders of the company itself, making them entirely distinctive from the original company that was sued for asbestos exposure.

There are an estimated 100 asbestos companies that filed bankruptcy, but not all of these have established a trust.

Mesothelioma Lawyer Irving TX

How Does an Asbestos Trust Operate?

When a bankruptcy trust is created, it requires that legitimate mesothelioma claims payments are made as quickly and as inexpensively as possible. A trust moves along with the use of claims processing partners, and this streamlines how all of the thousands of claims that usually come in are effectively managed.

Individual trust funds create their own parameters for paying claims, and these payments are based on a percentage of the total amount someone is eligible to receive. Some of the factors that play a role in the amount a claimant receives from an asbestos trust include their eligibility and the work of an individual’s lawyer, who negotiates to get clients the most money.

Eligibility

The eligibility requirements for most asbestos trusts dictate that either an individual or their loved ones are able to prove there was asbestos exposure at a certain job site, or that there was exposure resulting from a particular product.

Typically these trusts will outline detailed criteria for exposure and medical history that claimants or their families must meet. If a claimant has mesothelioma, the eligibility requirements are lower in most cases.

Mesothelioma Lawyer Irving TX

The Process

If an individual or their family thinks they have a legitimate asbestos claim, they would first ensuree they have a clear understanding of that trusts’ criteria and eligibility requirements. Many times a claimant will hire a lawyer experienced in this area to help them review requirements and start creating their claim.

Then, claimants begin to gather evidence such as employment or military service records, as well as items like medical records. One an individual or their family has gathered all of the necessary evidence, they would file a trust claim, and then administrators review it and validate it. A specific dollar amount is then determined and negotiated with the claimant’s lawyer. Once an amount is decided upon, the trust pays the claimant.

Trusts can provide compensation for people exposed to asbestos and particulary those individuals who went on to develop mesothelioma as a result. While the process does require some work to complete, most trusts have an obligation to handle claims as expediently as possible.

Mesothelioma Lawyer Irving TX

If you or a loved one have been diagnosed with Mesothelioma, please contact us today to discuss your options.  You may be entitled to financial compensation to help provide your family with financial security in the future.  Operators are standing by.  Call now.  Toll Free 1-866-777-2557.

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