What are Asbestos Trust Funds?

Mesothelioma is an aggressive cancer caused by asbestos exposure. Treatment is extensive and costly. Most patients can no longer work and earn a paycheck. For victims of asbestos, a trust fund is one way to seek compensation from negligent companies.

Asbestos and mesothelioma trust funds are sources of compensation provided by companies that have gone through the bankruptcy process. Bankrupt companies are protected from lawsuits, so these funds provide the only way that victims can get compensation from certain negligent companies.

If the business you worked for or that supplied asbestos to your workplace went bankrupt, you cannot sue for compensation. As an alternative, though, you may be able to file a claim with a trust fund.

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