{"id":13849,"date":"2023-06-23T15:07:33","date_gmt":"2023-06-23T21:07:33","guid":{"rendered":"https:\/\/www.asbestosclaims.law\/?post_type=blog&p=13849"},"modified":"2023-07-25T12:12:06","modified_gmt":"2023-07-25T18:12:06","slug":"asbestos-bankruptcy-what-it-means-for-victims-and-their-families","status":"publish","type":"blog","link":"https:\/\/www.asbestosclaims.law\/es\/asbestos-blog\/quiebra-de-asbesto-lo-que-significa-para-las-victimas-y-sus-familias\/","title":{"rendered":"Asbestos Bankruptcy: What It Means for Victims and Their Families"},"content":{"rendered":"\n

Corporate bankruptcies, including asbestos bankruptcies, have a complicated background. For many years, courts have consistently held that bankruptcy is a shield and not a sword<\/a>. But clever corporate lawyers have found back doors and loopholes that allow large, rich companies to do just that. More on these things below.<\/p>\n\n\n\n

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If you believe that you were exposed to asbestos, even as a child, speak to a healthcare provider about tests and screening to help diagnose lung-scarring and screen for <\/strong>asbestos-related diseases<\/strong><\/a>.<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/p>\n<\/div>\n<\/div>\n\n\n\n
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Fortunately for victims, our asbestos exposure lawyers<\/a> also know the law, and we know how to make it work for people. Asbestos companies that knowingly put people at risk for decades can use all the procedural tricks they want. But in the end, they must accept responsibility for their prior misconduct. Part of this responsibility includes paying compensation for economic losses, such as medical bills, and noneconomic losses, such as pain and suffering.<\/p>\n\n\n\n
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Do You Qualify For Compensation?<\/p>\n        
Quickly and easily find out how you were exposed by searching W.A.R.D., the largest asbestos database on the planet.<\/p>\n        FREE SEARCH > <\/a>\n    <\/div>\n\n\n\n
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A Brief Bankruptcy Primer<\/h2>\n<\/div>\n\n\n\n
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Many people believe that a real-life bankruptcy is like a Monopoly bankruptcy. Before we go further, we should dispel this common myth.<\/p>\n\n\n\n
When Monopoly players declare bankruptcy, they lose all their fake money, all their plastic hotels, and everything else they own. Furthermore, these players must leave the game and can\u2019t possibly get back in it.<\/p>\n\n\n\n
To stay with this analogy, a real-life bankruptcy is like going to the \u201cjail\u201d square on the Monopoly board. Bankruptcy is bad, but it\u2019s temporary. Furthermore, the Bankruptcy Code protects most personal and corporate assets. The different types of bankruptcy, named for their locations in the Bankruptcy Code, are:<\/p>\n\n\n\n