https://www.youtube.com/watch?v=WpHyE-Wzz7E Asbestos Claims Law Asbestos patients typically receive compensation for their ailments from companies that produced or used asbestos even if the company has been shut down or declared bankrupt. This is made possible by asbestos bankruptcy trusts. The amount of money awarded through an asbestos claim lawsuit may cover the value of suffering and pain, medical expenses, and lost wages. Certain victims might also be able to receive punitive damages. Statute of limitations A person diagnosed with an asbestos-related illness must make a claim within a specific time period in order to recover compensation from the responsible parties. This legal time limit differs from state to state, and is known as the statute of limitation. The regulations vary according to the jurisdiction but generally identical. They include the minimum period of 2 to 3 years. Personal injury claims are based on a timeline that begins at the time of an incident. Asbestos lawsuits, however, are different because victims may not realize they have been exposed to asbestos until decades after first being exposed. This is why mesothelioma, as well as other asbestos lawsuits follow the statute of limitations in a different structure. Because of the lengthy time between exposure and diagnosis, most United States courts use a discovery rule to determine when the statute of limitation clock starts ticking. This allows patients to pursue a case prior to when their condition gets worse or they pass away. Asbestos-related lawsuits can be categorized into two categories that are personal injury and wrongful death. Anyone who has been diagnosed with an asbestos-related disease such as mesothelioma or another asbestos disease should consult an experienced mesothelioma lawyer as soon as they can to ensure that they file their claim within the proper time frame. An attorney can also assist patients or their family members know what factors can affect mesothelioma statutes