Economic Loss Damages Under the 9/11 Victim Compensation Fund
We Secure Maximum VCF Awards for Our Clients
At Hansen & Rosasco, LLP, our top priority is to secure maximum Victim Compensation Fund (VCF) awards that every 9/11 victim and their families deserve. If you were exposed to toxic debris or fumes on September 11, 2001, or at any time during the nine months afterward at Ground Zero or the NYC “Exposure Zone,” you may be eligible for an award of “economic loss” damages from the VCF. Our victim compensation lawyers can help you get the VCF awards you deserve.
We secured $3.2 million in awards for “loss of earnings” (economic loss damages) and “pain and suffering” for a NYPD police officer disabled by 9/11 colorectal cancer.
“Economic losses” are often the largest part of an award.
“Economic losses” can often result in an award and payment for several million dollars. Because proving economic losses is a complicated and lengthy high-stakes process, it is suggested to have an experienced victim compensation lawyer handle this kind of 9/11 claim.
What are “Economic Losses”?
“Economic losses” are often the largest part of a Victim Compensation Fund (VCF) award and can result in an award and payment for several million dollars. Because proving economic losses is a complicated and lengthy high-stakes process, it is suggested to have an experienced victim compensation lawyer handle this kind of 9/11 claim.
- Loss of earnings (past and future) or other benefits related to employment because of disability or death.
- Past medical and other out-of-pocket expense loss.
- Household replacement services loss – past and future, such as hiring landscapers, housekeepers, etc.
Prior Losses and Future Losses
Economic losses consist of prior losses and future losses. Every case is different and average VCF payouts can vary. If you were disabled and unable to work or limited in your ability to work due to a 9/11 cancer or other related injuries or illnesses, you will receive a VCF award for lost earnings, both past and future.
This means receiving an award and payment now for any economic losses that you had in the past (since you stopped working until the VCF decides your claim) and the future years (for the total all future years that you were unable to work or a loved one passed away). You may also be eligible for VCF awards for the loss of household services, again for the past and future.
Economic losses related to employment will depend on many factors such as age, salary at the time that you became disabled, expected salary for the years in the future, plus the past and future of fringe benefits – such as employer-provided health insurance, pensions, annuities – and other benefits offered by your employer when you were working.
Getting the Help You Need to Document Your Economic Loss Damages
Every claimant must submit a properly prepared, fully documented claim for economic loss which clearly identifies the complete value of not just lost wages, but also fringe benefits and pensions in order to ensure full compensation.
This is one reason many individuals and families choose to use victim compensation lawyers. When filing claims for economic losses, the 9/11 attorneys at Hansen & Rosasco, LLP submit a detailed comprehensive guide to the VCF to support the maximum award that each 9/11 victim deserves.
There can be a difference of over a million dollars between a VCF economic loss claim that is properly prepared and supported by appropriate detailed records, and a claim that is submitted without this kind of support.
Your Support Team
The victim compensation lawyers at Hansen & Rosasco, LLP have the resources and experience needed to represent first responders and survivors (residents, downtown workers, and students) of 9/11 cancers, maximizing their “economic loss damages” in VCF claims. If you have become ill due to a 9/11-related cancer or illness, call us today to speak to one of our lawyers about your eligibility for substantial “economic loss” awards from the 9/11 Victim Compensation Fund. Call us today at 800-887-7299 or fill out a contact form for a FREE claim evaluation.
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