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What is meant by the term “Statute of Limitations,” and what is the Statute for asbestos-related illnesses?

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What is meant by the term “Statute of Limitations,” and what is the Statute for asbestos-related illnesses?

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It is a time period, established by State Law, during which your lawsuit must begin. Courts demand strict compliance with the Statute of Limitations; thus, failure to bring your timely action normally results in the loss of your case. Under current State Law, the time to begin a lawsuit is three years from the discovery of your asbestos-related illness, or when you should have discovered the illness. It is extremely important to note that the Statute of Limitations time period for beginning the lawsuit is not measured from the date of an individual’s last asbestos exposure.

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