We understand that expenses are tight after an asbestos-related illness diagnosis, and you want to receive your compensation as soon as possible. So, how long does an asbestos claim take? The payout timeline varies on a case-by-case basis, and several factors can affect how long it takes to receive compensation. An attorney at The Gori Law Firm can give you a better idea of the potential timeline for your unique case.
- An asbestos claim can take anywhere from a few months to a few years to resolve.
- Asbestos trust funds are often the fastest way to receive compensation, with many claims taking as little as 90 days.
- Various factors can affect the timeline, including case complexity, health condition, and legal venue.
- An experienced asbestos litigation attorney at The Gori Law Firm can help you recover your rightful compensation as quickly as possible.
Mesothelioma Lawsuit Payout Timeline
At The Gori Law Firm, we know each asbestos case is unique. Your case’s specific factors can affect how long it takes to get a mesothelioma settlement.
The mesothelioma lawsuit timeline is shorter than the timeline for other asbestos-related illnesses. This is largely due to the direct causal relationship between asbestos exposure and mesothelioma, which eliminates the need for extensive evidence.
Generally, mesothelioma claims can take from a few months to a few years to resolve. Your case may fall anywhere within that range, depending on your specific situation. Here’s a breakdown of the potential amount of time for each step of the process:
- Preparation and filing: 1 to 2 months
- Response: 3 to 4 weeks
- Discovery: 1 to 12 months
- Settlement or trial: A few days to a few weeks
You may be eligible for significant compensation that The Gori Law Firm can fight for on your behalf.
Asbestos Trust Fund Payout Timeline
When asbestos companies filed for bankruptcy protection, courts required them to create asbestos trust funds. These trusts aim to compensate current and future victims who file claims against bankrupt companies.
Billions of dollars are available in these trust funds, and the compensation process is typically much faster than filing a lawsuit. In some cases, it can take as little as 90 days to receive compensation.
Factors That Affect How Fast Compensation Is Recovered
It’s not just about filing a claim and waiting—many variables can influence the amount of time it takes to recover compensation, such as:
- Case complexity: Some cases may be more complex and require additional time to gather evidence, negotiate with insurance companies, or prepare for trial.
- The number and size of trust funds you file for compensation from: Depending on your case, you may need to file with multiple trust funds, each with its own evaluation and payment process. The fund’s size can also impact the timeline, as larger funds may have more mesothelioma claims to evaluate and disburse.
- Health condition and diagnosis stage: Some cases may have a longer waiting period due to the need for further medical evaluations or diagnostic tests. However, the compensation waiting period for mesothelioma is relatively short compared to other diseases, and expedited processes may be available for those in critical condition.
- Legal venue: Different courts and jurisdictions have varying caseloads and timelines. Some courts have backlogs that lead to longer wait times.
- Negotiation vs. litigation: Negotiated settlements resolve cases more quickly than in-court litigation. That’s why we strive to reach a fair settlement out of court whenever possible. However, in-court litigation is sometimes necessary to achieve the best results for our clients.
- The defendant’s cooperation: If the defendants challenge your claim or otherwise delay legal proceedings, your mesothelioma payout timeline may be longer.
What About My Expenses Before I Receive Compensation?
We understand the financial strain our clients may face due to medical expenses, lost wages, and other related costs while waiting for compensation. That’s why we work on a contingency fee agreement, meaning you don’t pay us unless we win your case. Our fee will come from your settlement or verdict rather than out of your pocket.
Your other expenses may pile up as you wait for your case to resolve. During this time, recording all the expenses related to your illness is critical. You must provide your attorney with evidence of your expenses, such as bills, receipts, statements, and other documents showing what you paid for medical services. Other expenses you will need to keep track of include the following:
- Transportation to and from medical providers for both you and your loved ones, including the cost of lodging and food for long-distance travel
- Bills for daily living assistance
- Health insurance premiums, which may increase in cost if you lose employer coverage due to the impact of your illness on your ability to work
- Bills for alternative treatments that insurance may not cover
Get Help Pursuing Asbestos Claim Payouts
One of the greatest factors affecting how long it takes to settle an asbestos case is the quality of your legal representation. An experienced asbestos attorney knows how to gather and present evidence to maximize the value of your claim in the least amount of time.
The Gori Law Firm has over 20 years of experience litigating asbestos and mesothelioma claims. We’ve recovered over $4 billion in settlements and verdicts for our clients and their families and are ready to fight for you.
Time is of the essence when it comes to pursuing an asbestos claim. The longer you wait, the greater the risk of losing important evidence and missing crucial deadlines. We will also make a donation to the Mesothelioma Applied Research Foundation if you allow us to review your case. Contact us today for a free consultation with a qualified attorney to learn more about your mesothelioma compensation options.
Attorney Today
Let Us Help You With Your Financial
Help & Compensation Options
Contact Us Today
Get your free case review 24 hours a day.
Fields marked with an * are required
