Tens of thousands of people who were diagnosed with lung cancer receive money for their diagnosis.  The easiest method that people use is to file an asbestos claim.

There is approximately $30 billion set aside for cancer victims who were exposed to asbestos.  The money comes from bankruptcy trust funds.

Bankruptcy trust funds were established by companies that have filed for bankruptcy due to asbestos-related liabilities. These funds are intended to compensate individuals who have developed lung cancer or other asbestos-related diseases as a result of their exposure to asbestos-containing products.

Asbestos is a naturally occurring mineral that was widely used in various industries and products. Unfortunately, exposure to asbestos fibers can lead to serious health issues, including lung cancer. Many companies that manufactured or used asbestos-containing products have faced numerous lawsuits and legal claims, which have resulted in bankruptcy filings.

When a company files for bankruptcy, it sets up a trust fund to compensate current and future victims who have been harmed by their asbestos products. The purpose of these funds is to ensure that victims receive compensation even if the company is no longer financially viable.

To receive money from these bankruptcy trust funds, people who have been diagnosed with lung cancer due to asbestos exposure need to file a claim. 

The claim process typically involves providing medical documentation and information about where the person worked and what they did for a living. Each trust fund has its own specific requirements and procedures, so it is important to consult with an attorney or a legal professional who specializes in asbestos-related cases. The folks at LungCancerHero specialize in this.

The amount of compensation from bankruptcy trust funds can vary depending on the specific circumstances of each case. Typically most lung cancer victims receive payouts in the tens of thousands of dollars.

In addition to bankruptcy trust funds, individuals affected by asbestos-related lung cancer may also be eligible for compensation through other legal avenues. They may pursue lawsuits against asbestos manufacturers, suppliers, or employers who failed to provide a safe working environment. These legal actions can result in settlements or jury verdicts that provide financial compensation to victims and their families. If you are interested in this, the folks at LungCancerHero can help.

It is crucial for individuals who have been diagnosed with lung cancer due to asbestos exposure to seek legal advice and explore their options for compensation without delay. There are statute of limitations involved.  This means that you only have a limited amount of time to file a claim and/or lawsuit and after that time you are not allowed.  Money you should have received will not be available to you!

So don’t hesitate! The friendly folks at LungCancerHero can help answer your questions.  Call us at 1-888-869-9552.

More Information About Asbestos

Asbestos is a mineral that was commonly used in various products in the past due to its heat resistance and durability. Here are the types of workers were often exposed to asbestos:

Auto mechanics

Boilermakers

Bricklayers

Building inspectors

Carpenters

Demolition workers

Drywallers

Electricians

Floor covering workers

Furnace workers

Glaziers

Grinders

Hod carriers

Insulators

Ironworkers

Laborers

Libby vermiculite exfoliation plant workers

Longshoremen

Maintenance workers

Merchant marines

Millwrights

Operating engineers

Painters

Pipefitters

Plasterers

Plumbers

Roofers

Refinery workers

Sheet metal workers

Shipyard workers

Steamfitters

Tile setters

U.S. Navy personnel

Welders

There are over 3,000 known products that may contain asbestos. Here are some examples of products that have been known or suspected to contain asbestos:

Adhesives

Appliance components

Automotive products

Brake linings

Brake pads

Clutch plates

Ceilings products

Acoustical plaster

Ceiling panels

Ceiling texture (Popcorn texture)

Ceiling tiles

Ceiling tile mastic

Cement-asbestos board (Transite) products

Chimney flue lining

Ducts

Pipes

Shingles

Siding

Wall panels

Chalkboards

Electrical products

Cloth wire insulation

Electrical breakers

Electrical panel arc chutes

Electrical panel partitions

Electrical panels

Insulating cloth

Fire protection products

Fire blankets

Fire curtains

Fire doors

Spray-on fireproofing

Heating and cooling system products

Boiler insulation

Boiler breeching insulation

Cooling towers

Duct work insulation

Furnace insulation

Gaskets

Heat shields (paper and corrugated cardboard)

HVAC vibration dampeners

Pipe lagging insulation

Pipe elbow insulation

Tank insulation

Tank casings

Thermal taping compounds

Elevator equipment

Elevator car brake shoes

Elevator equipment panels

Flooring products

Asphalt floor tiles

Carpet mastic

Coving mastic

Floor tile mastic

Vapor barriers

Vinyl floor tiles

Vinyl sheet flooring (linoleum)

Industrial use products

Beverage filters

Friction materials

Laboratory products

Heat resistant gloves

Laboratory hoods

Laboratory tables and countertops

Paints and coatings

Roofing products

Base flashing

Felt

Shingles

Tar or "Black Jack"

Table pads

Wall products

Decorative plaster

Caulking and putties

Spackling compounds

Vinyl wall coverings

Wall penetration packing materials

Wallboard joint compound

Wallboard or sheetrock

Window glazing

Vermiculite

Attic insulation

Fireplace decoration

Gardening products

Wall insulation