What is an Asbestos Trust Fund?

What is an Asbestos Trust Fund

There is currently over $30 billion available in trust funds for victims of mesothelioma. Asbestos trust funds come from money that has been set aside by companies that have gone bankrupt that used asbestos in their products. The courts told these companies they had to be a part of these trust funds in order to stay in business.

Mesothelioma victims can file a claim with an asbestos trust fund and completely avoid court. At the Halpern Law Firm, we can help you file a claim, and you can get a portion of the money in as little as 30 days.

Asbestos Trust Fund

On average, those who have been diagnosed with mesothelioma receive $300,000 to $400,000 from asbestos trust funds. However, people may receive millions of dollars from these funds. At the Halpern Law Firm we have won singular clients millions of dollars.

Each trust fund has a different amount of money available, and a mesothelioma patient may be able to file a claim with multiple funds.

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Find Out If You Qualify for Compensation

David Halpern, Esq. Managing attorney of Pennsylvania mesothelioma law firm.

With over 35 years of experience, the Halpern Law Firm is ready to fight for you. Get a free, no-obligation case review today and take the first step toward the compensation you deserve.

There are more than 60 companies that actively have mesothelioma trust funds. Some of these companies include:

  • Abex Corporation
  • Asarco
  • Bondex
  • Celotex Corporation
  • Federal Mogul Corporation
  • Flexitallic
  • General Motors
  • Johns-Manville Corporation
  • Owens Corning
  • Pittsburgh Corning

The companies with the most amount of money available are ARCO, Pittsburgh Corning, W.R. Grace, Harbison-Walker Refractories Company, Owens Corning, Western MacArthur and US Gypsum Company.

Those who are eligible to file a claim with a trust are mesothelioma patients, family members of mesothelioma patients and a person who is the legal representative of a mesothelioma patient’s estate.

For veterans, mesothelioma trust fund payouts are still available on top of VA benefits. It is important to file a claim as quickly as possible as different trust funds have different amounts of time that a person must file a claim within.

The first step in filing a claim would be contacting the Halpern Law Firm. We have over 35 years of experience representing mesothelioma victims in Pennsylvania, and we have extensive knowledge on how the whole process works. We will help guide you through every step of the way. We will help build your claim by tracking down the source of asbestos exposure and finding out what companies were involved.

Once a claim is filed, there are two different options for the claim to be reviewed. One of the options is through an expedited review, which is when the claim is reviewed based on a set of already made guidelines. The other option is an individual review, which can take longer and is more extensive.

Overall, if you or a loved one is a victim of mesothelioma, it is definitely worth looking into asbestos trust funds and getting the compensation you deserve.

If you or a loved one has been diagnosed with mesothelioma, please call the Halpern Law Firm at (800) 505-6000 or fill out our contact form. We know all there is to know about filing a claim with an asbestos trust and we will help you do so. Call us at any time.

Don’t Wait—Contact an Experienced Pennsylvania Mesothelioma Attorney Today!

Now that you know the mesothelioma statute of limitations in Pennsylvania, contact an experienced attorney from our firm to represent your case before time runs out.

At the Halpern Law Firm, we help clients throughout Pennsylvania, with offices in Philadelphia, Pittsburgh, Allentown, Scranton and Johnstown. Call us today for a free consultation at (800) 505-6000 or reach out to us through the contact form and someone will get back to you shortly.

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I just want to thank Dave and Justin , also he’s great staff . I believe in my heart they went above and beyond to get me a fair outcome , Now I can move on with my life. Trust me this team will go to war for you . When times were looking bleak, they pick you up and get you across the finish line. Thanks again
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Timothy
19 October 2026
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Dave and his team have been wonderful to work with. They all really care about the families they represent. They are always available to answer questions and communicate often. I would recommend The Halpern Law Firm to anyone needing a mesothelioma lawyer. The whole team is top notch!
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Marissa Hart
13 October 2026
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The Halpern Law firm were very easy to work with and have given us great final results. I would highly recommend their service.
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catherine stanley
13 October 2026
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The Halpern Law Firm should be the go to law firm for anyone needing mesothelioma representation. They gave my father with the best possible representation prior to his death. After they have continued to advocate for him and our family. Everyone at the firm is always available to answer any questions I have and they communicate with me regularly regarding our case.
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Nicole McDowell
13 October 2026
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Dave and all the associates have been extremely helpful and have kept me informed throughout this case. I would highly recommend Halpern Law Firm .
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Sue Spadaccino
13 October 2026
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This law firm has been working with me and has been very supportive of my case. I was kept informed and they are great to work with.
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Larry Wallen
12 October 2026
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This law firm helped my husband and I greatly. After my husband passed away they still are taking care of me. Everyone has always been very friendly and answered any questions we have
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Marie King
12 October 2026
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The Halpren Law Firm worked tirelessly to Represent me and were able to get me multiple settlements totaling more than 200 k . Dave Halpren was available 24/ 7 to answer any questions or concerns that I had , he truly was concerned about me and would call me to check on how I was doing . I would Highly recommended contacting Dave , he’s the best .
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Patrick Stanley
12 October 2026
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Highly recommend Dave Halpern, he and his team are very knowledgeable, professional and a pleasure to do business with. Always in communication and answer their phones right away, extremely happy
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Lisa Smith
7 October 2026
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Tremendous, terrific, knowledgeable, I cannot say enough great things about Dave and the Helpern Law Firm
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John Leonard
5 October 2026