Many of the companies that knew the dangers of asbestos but chose to use it in their products regardless, have had to file for bankruptcy. They were required to set up bankruptcy trusts to compensate the individuals who used their products and later became ill with mesothelioma or asbestos-related lung cancer. Currently, there is $30 billion set aside in the bankruptcy trusts. If you have been diagnosed with an asbestos-related disease, you may be eligible to file claims with the asbestos trusts. The trusts do not seek out asbestos victims, or willingly provide information regarding asbestos exposure or asbestos-related medical issues. However, our mesothelioma attorneys are available to answer any questions and help you file claims to make sure you receive the compensation you deserve for your asbestos caused cancer. Our experienced legal team knows how to maximize the payouts from these trusts. In addition, filing claims with the asbestos trusts is the simplest and quickest way to receive compensation. The money from these trusts can help pay for cancer treatment, living expenses and provide financial security for the future. It typically takes less than one year to receive compensation from the trusts. It is important to file your claim as soon as possible as there is a time limit you can file, which can range from 1-6 years from the date of diagnosis or death, depending upon which state you live in, this is called the statute of limitations.