What if the defendant is bankrupt

Frequently Asked Mesothelioma Lawsuit Questions

Many companies that made products containing asbestos have filed for bankruptcy protection. In these cases, the bankruptcy judge may set up a trust fund with the company’s assets to compensate victims who were adversely affected by the company’s asbestos-containing products. In these cases, the compensation you might receive through the trust fund is generally less than what you might have received if the company didn't file for bankruptcy. In addition, once a company has filed for bankruptcy, it cannot be sued. Your attorney can advise you if this applies to you, and how you should proceed if it does.

If you or a loved one have been diagnosed with mesothelioma, contact James F. Humphreys and Associates today to arrange a free consultation. Please fill out as many questions as possible.

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