Mesothelioma Compensation is More Than You Might Think
Mesothelioma compensation can make up for medical bills, time off work, lost income, and pain and suffering caused by the disease.Unfortunately, due to the long latency period that this cancer causes, most people don’t even know they have it until it’s too late and they’re already dying.
However, if you or someone you love has been diagnosed with mesothelioma, don’t lose hope; there are things you can do to help yourself or your loved one through this difficult time.
Who might be liable?
Before receiving mesothelioma compensation, victims must determine who’s liable for their asbestos exposure. While more than 80 companies manufactured asbestos-containing products, only a few remain today; these include 3M, Raymark, and Armstrong World Industries.
If you or a loved one has been diagnosed with mesothelioma, you should seek legal counsel to determine which parties may be liable for your exposure.Compensation from trusts can typically be obtained within six months of filing a claim. Settlements are much faster but require hiring an attorney to negotiate on your behalf.
How much money could I receive?: Mesothelioma compensation averages $1 million to $2.4 million per case, depending on how many claims have already been filed against a particular trust fund or settlement program.
How much can you expect?
It’s common for people to be uninformed or misinformed about what they can expect when it comes to receiving mesothelioma compensation. If you have been diagnosed with mesothelioma, you may have questions about how much money you’ll receive in settlements or trust funds.
The fact of the matter is that every case is different and there are many factors that determine how much you will get paid.
The amount of compensation will depend on a number of factors including who was responsible for your exposure to asbestos, whether you were exposed on-the-job or off-the-job, whether you were exposed by choice (as opposed to an employer forcing exposure), whether someone else has already received compensation from asbestos trusts/settlements and how long ago your exposure occurred.
These factors all affect your chances of getting compensated as well as how much money you could potentially receive.
Are There Deadlines?
In most cases, time is of the essence. If you’re fighting for compensation as a result of mesothelioma and other asbestos-related illnesses, it’s imperative that you act fast.
Asbestos-related illnesses often do not show themselves until several years after exposure has occurred—which means that if you don’t act now, it could be too late.
Many people who develop these diseases have already lost their battle by the time they seek treatment.Don’t let yourself become another statistic; get in touch with an attorney today to learn more about your legal options.How much can I expect to receive? Because there are so many variables involved in mesothelioma compensation, it’s difficult to predict how much you might receive.
This is why speaking with an experienced lawyer is so important. They will review your case carefully and help determine whether or not you have a valid claim—and if so, how much money you might be entitled to receive.
What Is The Process?
First and foremost, don’t panic. If you were exposed to asbestos and have been diagnosed with mesothelioma, your first step is to talk to a lawyer about your legal options for pursuing compensation for damages.
Mesothelioma lawsuits are typically filed under two types of theories: negligence or product liability. While very similar in some ways, there are significant differences between them that must be carefully weighed when choosing a theory for filing a suit.
Negligence claims allege that an employer failed to take adequate safety precautions while working with asbestos-containing materials (ACMs). Product liability claims hold manufacturers liable for producing unsafe products. Regardless of which type of claim you choose, it’s important to understand how each one works before deciding on a course of action.
Is It Worth Hiring a Lawyer?
If you’re being treated for Mesothelioma, a lawyer can help with all aspects of your claim, from estimating your settlement value to negotiating with insurance companies. However, lawyers are expensive and they take 30-50% of any settlement they obtain in their clients’ cases. If you want to retain a lawyer on contingency (meaning that you don’t pay anything upfront), you will probably have to settle for less money than if you were going it alone.
The decision about whether or not to hire a lawyer should be based on how much compensation you think you deserve.
There are two ways of doing that:
1) Find out what other people who have been diagnosed with mesothelioma received when they settled their claims.
2) Contact an experienced mesothelioma attorney who can give you an estimate of what your case might be worth. An important thing to remember is that trust funds are distributed based on diagnosis date and diagnosis location.
This means that if someone living in Arizona was diagnosed 10 years ago with pleural mesothelioma, he would receive more than someone living in Nevada who was also diagnosed 10 years ago.