There are more types of mesothelioma compensation, competent attorney can advise you, which one is best in your particular case:
Bankruptcy Trust Funds:
Many companies, dealing with asbestos-related lawsuits, no longer exists. However, you can receive compensation by filling a claim with trustees, who are operating trusts to benefit future claimants. These trusts are known as mesothelioma compensation funds. Some of the biggest compensation funds are USG Corp., Johns Mainville, Armstrong World Industries, W. R. Grace & Co., etc. Amounts in trusts are usually over $1 billion, so there is no need to worry they will not be able to cover your case.
Each trust has usually different set of criteria for claims and experienced lawyer is able to file a claim with more trusts, is your case meet the conditions for them.
If you are filling claim against company, which is still operating, it is very likely, that they will decide to settle the claim even before full trial. Knowledgeable attorney is able to manage whole process to receive fair compensation for you and your family. Average mesothelioma settlement compensation is estimated over $1 million, and median compensation is estimated at around $1.5 million.
Trial (Jury) Verdicts
If the defendant does not accept settlement offer, the jury will decide whether he is liable or not liable for asbestos exposure and jury will decide the exact amount of compensation to you. Amount is different for each case and depends on many factors, such as medical costs, lost income, other expenses and damages etc. Usual mesothelioma jury compensation amount is above $1 million, average trial compensation is estimated at $2.5 million, whilst, in some individual cases, compensations are even higher ($3.7 – $10.0 million).
VA Compensation (Veteran Compensation)
Claimants, which served in U.S. Armed Forces, during asbestos exposure are eligible for filling claim with VA to receive compensation. In this case, some certain condition have to be met. Also in this case, experienced attorney will be able to complete the entire process for you.
You can contact us if you need more informations.