Select every manufacturer or employer connected to your asbestos exposure. The tool estimates total compensation available from matching bankruptcy trust funds.
Trust funds pay different amounts depending on the severity of your asbestos-related disease.
Select every manufacturer or employer connected to your exposure. You can file claims with multiple trusts simultaneously.
When asbestos manufacturers and distributors went bankrupt under the weight of mesothelioma lawsuits, courts required them to set up trusts to compensate current and future claimants. Over 60 of these trusts exist today, holding a combined estimated $30 billion in assets.
Filing a trust claim is separate from filing a lawsuit. You can do both at the same time. Trust claims are handled administratively - there's no trial - and typically resolve in months rather than years. Most people with significant asbestos exposure qualify for claims against multiple trusts.
Each trust pays a percentage of its scheduled claim value - called the "payment percentage." When a trust was first set up, it projected how many total claims it would receive over its lifetime. If claims come in faster than expected, the payment percentage drops. Some trusts pay 100% of scheduled values; others pay as low as 1% to 5%.
Payment percentages change over time. An attorney who regularly files trust claims will know the current percentage for each trust and factor it into your overall strategy.
Most trusts offer 2 processing tracks. Expedited review pays a fixed amount quickly if you meet standard criteria (specific disease level, documented exposure). Individual review allows you to submit more evidence and potentially recover more, but takes longer. An attorney can advise which track makes sense for each trust in your situation.
Start with the mesothelioma case evaluator if you haven't already. Use the asbestos exposure timeline builder to document your full exposure history before meeting with an attorney. For an overall settlement range, see the mesothelioma settlement calculator.
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