Celotex asbestos trust: payment percentage and values
The Celotex Asbestos Settlement Trust pays 7% of the set amount for every disease on a claim that gets approved.
- Share paid out today
- 7%
Celotex trust history
| Rate in effect since | June 23, 2023 |
|---|---|
| Rate before that | 8% |
| Status | Active, payments deferred |
| Company behind it | The Celotex Corporation |
| Net assets | $454.5 million, as of December 31, 2021 |
| Set up | 1996 |
| Bankruptcy case | No. 8:90-bk-10016 |
| Claims handled by | Delaware Claims Processing Facility (DCPF) |
| Other trusts' rates | Asbestos trust fund list |
| Trust website | The Celotex trust's own site |
Ask whether a claim fits the Celotex trust and the other trusts in the work history.
Products that The Celotex Corporation made
| Careystone Roofing and Siding | Careystone Corrugated Sheets |
| Carey Firefoil Board | Carey Cenesto Board |
| Carey Industrial A-C Boards | Carey Marine Panel |
| Carey Thermalite | Vitricel Asbestos Sheets |
A claim requires proof the person worked near or with these products.
Filing a claim with the Celotex trust
- Get a written diagnosis from a doctor, backed by an exam or pathology report.
- Gather records showing the person worked with or around the company's products, like sales, construction, or employment records.
- Submit claims to the Celotex trust via the Delaware Claims Processing Facility (DCPF), which manages the Trust Online filing portal. Submit the trust's specific form along with your attached records.
- File with the other trusts in your work history at the same time, since each trust covers only part of a claim.
Additional trusts that covered cement pipe, siding and roofing
| Trust | Share paid today | Mesothelioma claim pays now |
|---|---|---|
| ASARCO | 35% | $59,500 |
| Flintkote | 15% | $27,600 |
| United Gilsonite | 3.35% | $8,697 |
| USG (United States Gypsum) | 10% | $15,500 |
Sources: product data from asbestos.com; trust details from AsbestosTrusts.org (CC BY 4.0), updated every month.