Category Archives: GCCF Denied Claims
The Court-Supervised Deepwater Horizon Settlement was set forth to compensate businesses and individuals that were financially harmed by the oil spill explosion caused by BP in April of 2010. BP has estimated the costs related to compensating claims to be 7.8 billion dollars; however, there is no cap on the total amount that will be paid out. The total amount of compensation will depend upon the number of qualifying claims that receive an offer. Therefore, the estimated 100,000 claims being filed may end up receiving less than the 7.8 billion dollars that has been set aside, or more.
Is anyone excluded from filing to the Deepwater Horizon Settlement?
There are certain industries that BP has excluded from the Settlement. Those who owned a business in or worked within any of the industries listed below are ineligible to file claims to the Deepwater Horizon Settlement.
- Governmental Organizations
- Real Estate Developers
- Insurance Entities
- Financial Institutions, Funds, Financial Trusts, and other Financial Vehicles
- Oil and Gas Industry Entities
- Entities selling or marketing BP-branded fuel
- Gaming and Casino Entities
- Those who chose to exclude themselves from the Economic Class
- Those that were required to file under the Oil Pollution Act
How can I determine my eligibility to file a claim?
Businesses and Individuals in almost any other industry may be eligible to file a claim providing the physical address of their business or employer from the time of the spill falls within one of the designated “Economic Loss Zones”. These are geographic regions that have been recognized by BP as areas that were either directly or indirectly affected by the spill.
How can I determine my business loss?
After you have determined that your business was located within an Economic Loss Zone, it will be time to take a look at your financials.
All businesses, (except those located in Zone A) will need to prove their damages (causation) by showing a specific percentage of lost revenue, lost variable profit, and loss of potential revenue growth in the selected months of 2010, as compared to the same months in the benchmark period. They will also need to show a specific amount of uptake in those same months in 2011. This revenue pattern is referred to as the V-trend and if the financial documents follow this pattern, the business automatically proves causation.
What documents do I need to provide for a Deepwater Horizon Settlement claim evaluation?
The initial causation test is a complex, formulaic calculation which can quickly determine whether your business qualifies under the settlement, and roughly how much compensation you are eligible to receive. The preliminary test requires the following:
- Business Address
- NAICS code
- Gross Revenue Statements from Jan 2007- Dec 2011 (or a minimum of Jan 2009-Dec 2011)
After this calculation, if it is determined that the claim is valid, additional paperwork will be needed to make the claim complete under the guidelines of the Deepwater Horizon Settlement.
Why Should I Seek the Help of a Deepwater Horizon Settlement Claims Preparer?
The Court-Supervised Settlement Agreement is a 1,300 page document filled with complexities and intricacies that can be confusing and frustrating to those with no experience in this field.
Our team of experts prepares and files claims that have been checked for accuracy and validity. We help the client prepare all necessary documents and ensure the claim is complete before it is filed.
Our financial calculations are preformed either by a CPA, or under the direct supervision of a CPA, to ensure we come as close to the actual compensation amount as possible.
Should there be any discrepancies from the settlement once the claim has been filed, we handle all incompleteness notices, appeals, re-reviews, reconsiderations, or denials in a timely manner.
We fight for our clients and push the claim as far as it can possibly go within the Deepwater Horizon settlement. If the claim cannot proceed any further, and the claimant does not receive a settlement, they owe us nothing.
Time is Limited – Act Now!
If you have your paperwork ready, we can quickly calculate whether or not your business qualifies under the guidelines of the settlement. Time is running low; with the deadline to file all claims being April 22, 2014. The more quickly we can gather the documents, evaluate and file the claim, the more quickly it can be reviewed and paid out through the settlement.
If you’ve ever wondered if you qualify to file a BP Claim and you have the preliminary documents at hand, call us today or fill out the form on this page to speak to claims representative immediately. Help is just a phone call away.
BP Claims Advisers LLC
Judge Barbier Approves the BP Settlement
If you follow the doomsday theorists, 12/21/12 was suppose to be the end of the world, well, not really, it was the first day of the official BP Settlement. Any connection, probably not, but Judge Barbier did lay a compelling and substantive case as to why The DeepWater Horizon Settlement should move forward. You can read it for yourself here.
There are issues with the settlement, but the fact of the matter is we all just want to see people and businesses get paid, and this is what we have to work with. There was a lot of interesting information in the 125 page document. Most compelling was the Judges rebuttals of the numerous objections raised. The Judge provided his thoughts in great detail as to why he thought certain objections did not have merit, or were basically outweighed for numerous reasons, citing a variety of case law.
I still believe there are issues with the Customer Mix Test and NAICS codes, but much of that can be handled with an Appeal, and we will all see how those Appeals are handled. If David Duval who heads up the BP Settlements Appeals division can get adequate compensation for the BP Settlement Claims that deserve it, and if he is given some latitude in correcting NAICS codes and other assorted anomalies, then I think the BP Settlement is a strong substitute for litigation. We will see how this aspect of the process unfolds, and how much leeway he and his Team are given. There is a lot riding on this aspect of the DeepWater Horizon Settlement Structure.
Seafood Compensation Program (You have 30 Days)
Under the terms of the BP Settlement, people that are taking part of the Seafood Compensation Program only have 30 Days after the Judges approval to present their claim to the DeepWater Horizon Settlement Fund for Approval. That means the clock is ticking and if you haven`t filed yet, you need to.
BP Settlement Numbers
91,000 people had so far filed with DeepWater Horizon Settlement Fund. They expect that number to hit over 1,000,000, hopefully many more will come to the table now that the Judge has formally approved the BP Settlement.
Excluded Claims Have Until January 19th to be Presented to OPA
If you were excluded from the BP Settlement you must have your claim filed by January 19th. That means you need to act now, to protect your Rights. We have people that can Help You.
These types of businesses and their employees that are for the most part Excluded from the Settlement.
- Most Casino Type Institutions;
- Most Fund, Trust, and Banking Entities;
- Most Defense Contractors;
- Most Oil & Gas Industry Entities;
- Most Insurance Companies;
- Bodily Injury Claims;
- BP Shareholder Suits;
- Moratorium Loss Claims;
- Claims relating to Menhaden (or “pogy”) fishing, selling, processing, and harvesting;
Claims for Damages by Companies or Individuals for employment in the Financial, Insurance, Banking, Gaming, Oil & Gas, Defense Contractor industries, and Real Estate Development, as well as Entities selling or BP-branded fuel.
GCCF Denials and Stalled Claims
If you had filed with the GCCF and been denied or been stalled, there is still hope for your claim under the BP Settlement. For all of its flaws, and it still has a few, in this writers opinion it is a whole lot better then what the GCCF was under Mr. Feinberg. It is transparent, it has a clear methodology, and it is not arbitrary. The folks that run the DeepWater Horizon Settlement want to pay you, and many claims that were shunned by the GCCF are welcomed under the terms of the BP Settlement.
Multiple Store Locations
We have seen a tremendous growth in Companies with multiple stores, in multiple locations, making BP Settlement Claims with us as of late. These claims have a different parameters to meet, as they are often located in a number of different Settlement Zones, often with a Headquarters that is not located in any of the Settlement Zones. We have seen an influx of Real Estate Companies, Restaurants, and assorted other Franchises ask us for assistance, we have a separate Division specializing in assisting these entities.
We have had great success in getting VOO Claims through the system. We have even gotten them through after BP has appealed them. We have heard that BP is appealing them at a more frequent rate, and we can help you, we have gotten some through in as little as 2 weeks.
What will we See Next
Now this part is pure conjecture mixed with some facts, I am not an Attorney, but we are pretty involved in all of this, and I think we have a good read, and some inside track to what will happen next.
- The DeepWater Horizon Settlement Fund will pick up speed processing claims.
- More Staff will be hired to necessitate the above.
- More Individuals will begin to see their claims get Paid.
- More Claimants will come to the Table.
- Some Latitude will be given to the Appeals Division for NAICS code issues
The BPClaims.org Network
I am so proud of all of the people that make up our Internal Staff, I have never met a group of people that really put the Claimants welfare at such a high paramount. It is all working as intended, and this could not be done without your continued vigilance on the claimants behalf, and the compassion that you all have displayed over the last couple of years. As we have begun to add more staff, and create different Divisions, I am sure this trend will continue.
Partners within the Network have all displayed similar characteristics, and have been working 7 days a week to meet the Claimants needs.
We process your BP Settlement Claims for as little as 15% without using Attorneys, and slightly more if they are needed.
BP Claims Deadline is August 2013
Eventually you just have enough of something and need to shout it from the Roof Tops. If I see one more ad on T.V. saying you are about to run out of time to file your BP Claims I am going to scream. Some Attorneys and others, are distorting the truth, and trying to create a false sense of urgency when it comes to filing your BP Claims. The Deadline to file your BP Claims is August 2013, and in my opinion it should be extended. The fact is we did not know the effects from the Valdez Disaster for 3 years, so to create a BP Claims Deadline that ends in 3 years of the original disaster is ludicrous. The GCCF has now admitted that certain claims should receive payouts up to 4 times the 2010 losses, we are just beginning to understand the long term effects.
BP Claims Update: More GCCF Offices to Close
That`s right the GCCF is getting ready to close more offices, the GCCF in it`s ultimate wisdom is closing more offices in the near future. They have been laying of staff for some time now and condensing their operations. The GCCF is pairing down their operations as BP Claims are not coming in, in the numbers they once did. The BP Claims Intake process is winding down, but expect the process to evolve. Mind you there are hundreds of thousands that still need to be helped that have been declared deficient, denied or stalled at the GCCF, and something needs to be done with them. I have heard several possible scenarios of what is to come, but it is still to early to tell.
You Choose how your BP Claims are processed
At BPClaims.org the choice of how your claims are processed are yours . We don`t recommend just one attorney, but several, we don`t recommend just one BP Claims Consultant there are several. Any claims preparer that we recommend has been thoroughly screened. They get people and Businesses results, and if there are ever any issues with any of them you can always call us directly and we will straighten it out for you. BP Claims Consultants start at just 15% and BP Claims Attorneys start at 25%. We have Experts that WILL call you back to help you with your BP Claims.
We will Help You with your BP Claims.
The Top 7 Reasons why BP Claims get Denied or Delayed
Most of these are curable and shouldn`t have happened if prepared properly.
7. Category Denial. Being an Oil Rig Worker/Oil Spill Clean Up Worker/government employee
6. Deficiency Denial. Failing to provide needed information within the 30 day expiration period.
5. Deficiency Denial. Failing to provide income data and not submitting evidence before the 30 day expiration to cure the deficiency.
4. Deficiency Denial. Failing to provide evidence of employment/business at the time of the Spill.
3. Trending Failure. The business demonstrated a Post-Spill economic gain.
2. Reviewer Error. An error is made by the reviewer while processing. This often happens if the claims is not formatted in an understandable manner.
And the number 1 reason for denial of GCCF claims……
1. CAUSATION, CAUSATION, CAUSATION.
All of these reasons are valid for getting your BP Claims Denied. For the most part they are also curable. This is why we have assembled a Team of BP Claims Experts to help you with your BP Claims. Some BP Claims are best handled by Consultants and Adjusters that can cure deficiencies with your GCCF Denied Claims, while in other instances you may need an Attorney to help you get through causation or category issues. As the BP Claims process has evolved so have we, we will continue to evolve as needed. Whether it is a consultant or an Attorney or a combination of both, we will help you with your BP Claims.
BP Claims in the News
The GCCF has been in the news lately, it has shown it`s contempt for accountability and the transparency that it once promised. Jim Hood The Attorney General from Mississippi is holding their feet to the fire, and just won a legal victory by getting the Hearings for his audit moved to the State Court of Mississippi. He has been trying since February to audit the Mississippi BP Claims, Ken Feinberg made promises of transparency, but is hiding behind legal wrangling, trying to delay the inevitable. Promises were made, and promises continue to be broken by Ken Feinberg and the GCCF.
How we Handle your BP Claims.
When you fill out a free case review for your BP Claims, we put that information in the hands of the best Team member that can best facilitate your claim getting paid.
We are not aligned with one particular Law Firm or Consultant/Adjuster s firm. We simply want your claim handled by the best group for your particular case.
Think about it this way, do you want the same firm that is handling your business claim, also handling your medical claim, probably not.
Some of our Team members are Large Loss Experts, and have gotten millions in BP Claims paid, others specialize in BP Restaurant Claims , while others specialize with Causation issues, Denied BP Claims, and claims Stalled at the GCCF. Team members range from Claims Consultants and Adjusters to Attorneys that have been up against BP before, and won the largest awards that BP has ever had to pay out. The results have been impressive, lately we are getting BP Claims paid that are organized and calculated properly in record time.
Claims preparation and presentation to the GCCF starts at just 15%, if an Attorney is needed representation starts at just 25%. All fees are paid on a contingency basis, they don`t get paid until you do.
We can Help you with your BP Claims.
BP Settlement: Insider says BP about to pay 30 Billion to settle BP Claims
BP Settlement Claims News: A BP insider reported to Reuters that BP may want to settle many its BP claims after the February trial date. The trial would solidify who was at fault for the Macondo well blow out. A recent report that was finished this week, put the blame squarely on BP`s shoulders. Halliburton and Transocean did share some of the responsibility, but due to the lack of oversight, cutting corners, and not releasing all the information to it`s partners, BP was ultimately responsible for the Gulf Disaster. report
My sources that are very involved with the litigation and the BP Claims process think that BP will make a large push to settle out as many claims as possible, before the February trial date. We are seeing BP Claims get paid at a record rate. By both Adjusters and Attorneys.
Your Claims value may have jumped exponentially
For Example: A Claim that was 7k may be worth 25k, this is because certain thresholds in the mass settlement will have to be reached. BP Claims that were 100k could conceivably go up to 300k or more. The exact formula has not yet been revealed, but sources close to the litigation, including an Attorney that we have been forwarding many of your claims to, has already uploaded all of their cases to the GCCF. Why is this happening, Punitive Damages, people and businesses that were directly affected by the Oil Spill are able to receive extra money for their losses, and this scares the heck out of BP. Hence BP is getting ready to settle now.
Why will BP try to settle its BP Claims before the February trial date.
There are multiple answers to this question.
1. The BP Claims process is about to be audited by Eric Holder at the urging of Jim Hood. In my opinion this will uncover what many of us already know. The GCCF under Feinberg was slow to pay and it preyed upon desperate people by not coming through with BP Claims interim payments in a timely manner, instead denying valid BP Claims, or giving already desperate people and Business`s Quick Pays.
In my opinion Quick Pays, having BP Claims Under review, denying valid BP Claims, where tactics that have been used as extortion to those hoping to get paid in a timely manner. I further think that though there are a lot of good people that work at the GCCF, that the top brass at the GCCF wanted to slow things down, and in fact did so. This will be revealed by the Audit, that is forthcoming and BP and the GCCF will be held accountable. Hence it pays for them to settle now before the full picture develops.
2. BP will want jurors to believe that they have indeed tried to make things right in the Gulf before the February trial date. A massive payout to claimants before the trial starts will boost the GCCF statistics and good will. The GCCF loves to point out positive statistics, the fact still remains that most of those that have been paid out have been paid out under the Quick Pay system.
3. BP needs some positive PR. The longer the events from the OIl Spill drags out, the more BP`s reputation and business practices get tarnished. If they decide to drag this out as more news comes to light surrounding how the oil spill was caused, and how people that people that were affected were largely ignored, by BP and the GCCF, it is my opinion that this could spur multiple lawsuits, mind you I am not a lawyer.
4. Mitigation, Mitigation, Mitigation, there is no good news lately for BP and they need to cut their losses, the best way for them to do so is to make some realistic offers and to get people to accept final settlements so people don`t go and sue them down the road. BP Claims punitive damages for those directly affected by the oil spill are now applicable. The forthcoming news for BP and the BP claims process is not going to be any good for BP and Gulf Coast Claims Facility.
Getting Help With your BP Claims
We have been covering the Oil Spill since it began in April, our first site was dedicated to getting people to Catholic Charities, that morphed into helping cleanup workers that were getting sick, which eventually evolved into helping people through the BP Claims process. In order to help people and business get through the BP Claims process we developed the BP Claims Dream Team. They are the best Law firms and BP Claims Adjuster firms in the country. They cover a myriad of oil spill related instances from sick and injured clean up workers to Business that had 8 figure losses. We are dedicated to you getting the help you deserve. BP Claims and Case management is done on a contingency basis, by all members of the BP Claims Dream Team. They don`t get paid until you do, and management of your case or claim starts at 15%. The Team members are getting BP Claims paid at a record pace, I expect this to go on for the next few months, but if you want to take advantage of this current trend, it is a good time to get your BP Claims paid. Please fill out the information to the right and we will begin the process.
1-800-BP-Claim your number for BP Claims
We are very thankful that a noted member of the community realized what we are up to and helped us secure the number 1-800-BP-Claim so that we could better serve you..Thanks Tony..
We will help you with your BP Claims.
Article Source: BP Claims.org
Article: BP Claims may settle out for 30 Billion Quickly
Author: BP Claims
GCCF may reduce payment Formula
Ken Feinberg mentioned reducing his two-time formula in November on Tuesday. Some multipliers have been as much as a seven times 2010 damages. Citing a return to normalcy, as tourists are coming back, and things are improving in general, the GCCF may have to restructure the formulas it has been using for Oil Spill Claims. In November the GCCF will review and possibly revise the guidelines it uses for GCCF claims. He will be taking into account the input from environmental and economic experts regarding the effects of the Oil Spill.
GCCF Is paying Oil Spill Claims
What we are seeing now is that GCCF claims that have come through our site are getting paid, and that often the GCCF formulas don`t necessarily apply if your claim is explained to them by seasoned Oil Spill Claims Expert. We have seen an uptick in Oil Spill Claims getting paid, many of them within 45 days of being filed, or being refiled. The advent of BP Claims professionals who truly understand the Oil Spill Claims process has a lot to do with this. These Oil Spill Claims Experts understand the Claims process, they know what you need to bolster your claim, and they know how to explain it to the GCCF. Many have formed relationships with the people at the Gulf Coast Claims Facility.
So what do you do if you have a GCCF claim and it hasn`t been filed yet, or it is still sitting at the Claims Facility. If you have tried handling it yourself and the Gulf Coast Claims Facility does not seem to be cooperating, find a professional, if you think you can handle it yourself, by all means do. People in the hospitality industry specifically waiters and waitresses have seen some success here. If you have a business claim, and you want to maximize what you are owed, fill out the form to the right. Business claims are best handled by professionals, that can explain your claim. BP Claims professionals receive from 15% to 33.3% if you need the help of an Attorney. They don`t get paid until you do. We are here to help you navigate the waters of the GCCF.
GCCF Claims that went though our site are getting Paid
We are seeing a strong trend of GCCF Claims that have come through our site getting paid. We are happy to announce that the majority of all the claimants that have come to our site, are getting their claims paid, or their claims are at the GCCF. Why, because the groups that are processing the claims have experience putting Oil Spill Claims together.
Get what you deserve from the GCCF
We have put together an Incredible Claims Team that consists of former BP Claims Catastrophic Adjusters, Accountants, and BP Claims Attorneys. They have experience of getting your BP Claims paid, they are Oil Spill Claims Experts. They can Help you with Denied Claims, Claims that are stalled at the GCCF, and of course they can help you file a new claim with the Gulf Coast Claims facility. We can Help You Get what you deserve from the BP Claims Fund.
Has the GCCF made you an offer that you think is to low, it happens all the time. We can help you get what you actually deserve from the GCCF, different types of claims, have different calculations that are needed to substantiate your claims. The Gulf Coast Claims Facility is prone to making low ball offers, we can check out the offer, and tell you if you deserve more. All of the interim claims that I have seen come through are accompanied by a BP Claims final offer, you do not have to take the final offer, and personally I would not.
BP Claims get Shortchanged
After the devastating effects of the BP oil spill last year, the BP claims process was supposed to cure any financial ills of the individuals and businesses affected. The BP claims process is run by the Gulf Coast Claims Facility and Ken Feinberg, it has been sorely lacking when it comes to paying BP claims in a timely fashion. Many claimants are desperate, as their home are being foreclosed, and vehicles repossessed. Many claims that have been at the GCCF have been outrightly denied after jumping through many hoops and after giving the GCCF all of the documentation needed. Many business owners and individuals have not received any money since the GCCF took over the BP Claims process from BP.
The BP Claims 25K quick pay
It seems as though that many businesses are being offered $25,000 when their loss is much more substantial. We have been receiving phone calls from business owners and individuals that filed their BP claims last year that still have not gotten paid. Recently however we have seen a number of offers made to these businesses in the amount of 25k. These were unsolicited offers by the GCCF, in one instance a Lodge owner on Grand Isle who has a large fishing camp, and was owed over $700,000 by the GCCF was made a settlement offer of 25K. He had been waiting for over six months to receive his oil spill claims money only to receive a 25K unsolicited offer from the GCCF and Mr. Feinberg. If he accepted the 25K offer, he would be giving up his right to sue BP for any future damages, his business was clearly affected by the BP oil spill as it catered strictly to fisherman and corporate retreats that would take place at the Louisiana Fish Camp. It is astonishing that BP and the GCCF have would make such a low offer to a business that was so clearly affected by the BP oil spill
BP Claims Help
We can help you get the help you deserve for your BP claims, if you feel that the GCCF owes you more then the 5K or the 25K Quick Pays, fill out the form to the right. We have aligned ourselves with the best BP Claims Adjusters, and BP Claims Attorneys in the country, they can help you with you claims. If your claim is still at the GCCF, members of our team can go into your BP Claim while it is still sitting at the GCCF. If your claim has been denied and many have, team members can organize your claim and recalculate your claim all while still at the GCCF. If you have yet to file your BP claims and you would like help from the beginning, in organizing and presenting a claim to the GCCF we can do that too. If all avenues have been exhausted BP claims Attorneys can prepare for litigation.
BP Claims receive Unsolicited Offers
The GCCF is making unsolicited offers for your BP Claims. As it turns out they are calling people with valid BP Claims, and offering them BP Claims Quick pays in many instances. Many of these people are business owners who lost more then the 25k they are being offered for their Oil Spill Claims. If you receive any of these offers, and want to speak to an expert regarding your Gulf Coast Claims, we can help you get straight answers regarding your BP Claims.
BP Claims Experts
All BP Claims experts are not the same, there are law firms, accounting groups, claims adjusters, all trying to get a piece of the Oil Spill Claims pie. I am proud to say that hands down we have put together the best people in the country to handle your Oil Spill Claims. They are known in the Industry, and yes their is now an Industry around the BP Claims process, as the preeminent experts in their respective fields. We have a BP Claims Calculations expert, we have a BP Claims litigation expert, and a firm specializing in people that have gotten ill during the oil spill. The Claims Team that we have assembled is truly at the apex of their respective fields. Remember that all members of the BP Claims Team are separate entities, but many of them are now collaborating together to get your BP Claims paid.
BP Claims Paperwork
When you are preparing for the BP Claims process have your tax records, w-2`s, and bank records ready for 2008, 2009, 2010. If you are a business, have a P and L ready for 2009 and 2010, they are now asking for 2011. Get all the paperwork together you can to substantiate your loss. If you were layed off as a result of the BP oil spill, as the financial effects trickled down through the economies, get a letter from your boss. If you are a business that lost a contract due to the oil spill, ask for a letter from the client who had to cancel the contract. Do not overburden the GCCF or people handling your Gulf Coast Claims with extra un-needed paperwork. It slows down the process and allows for more error, we are very well aware of the fact that the GCCF mislabels paperwork in your file, less documentation can be a benefit, overwhelming the process with lots of irrelevant paperwork will not help your BP Claims.
Our BP Claims Solutions
BP Claims at the GCCF
If your BP Claims are filed with the GCCF and you are tired of waiting for the decision, or have received deficiency letters and would like your claims troubleshooted and recalculated members of the Team can do that for a 15% fee of what is recovered. BP Claims Adjusters are best utilized here.
Denied BP Claims
If your Oil SpillClaims have been denied there are a number of options available. Members of the Team can reorganize and recalculate your claims all while it is sitting at the GCCF. People who have tried to handle their claims themselves and been denied 3 times have utilized members of our Team, and gotten their claims approved, one within 9 days, though that is not the norm, it usually takes about 45 days. If your Claims have other issues such as causation, moratorium, or other legal challenges it maybe best to speak with one of our noted Claims Attorneys. Claims Adjusters, and or Attorneys should be considered here.
GCCF makes you a BP Claims Settlement Offer
If the GCCF makes you an offer on your Oil Spill Claims, our Claims Experts will review the settlement at no charge and tell you if you should receive more. They will only charge you for the extra monies you receive above the original offer. BP Claims Adjusters are best utilized here.
Your BP Claims lack paperwork or has other Issues
In some cases, where there is a lack of necessary documentation or other issues are at hand, it may be best to place your BP Oil Spill Claims with an Attorney. An Attorney specializing in the BP Claims process has several different tools at their disposal in-order to help you get your BP Claims settled. They may choose to litigate your Oil Spill Claims, they may put your BP Claims in a pool of other similar Oil Spill Claims, they may directly negotiate with GCCF on your behalf, all in-order to get your BP Claims paid. BP Claims Attorneys are best utilized here.
BP Claims that have not been filed yet
If you think you can handle your Oil Spill Claims by yourself, and want to give it a try by all means do. Do not let the GCCF tell you how to calculate your BP Claims though. If you think that you have a grasp on all the necessary calculations and their ever changing trending( this is why most BP Claims are denied), my hat is off to you. If you want the help of Claims Experts that have been there, done that, and are the most respected BP Claims Experts in the country, you may want to consider using a Claims Adjuster or a BP Claims Attorney.
How much does it cost to handle your BP Claims
All BP Claims professionals that we work with, work on a contingency basis, they don`t get paid until you do. BP Claims Adjusters and Consultants charge 15%, and BP Claims Attorney`s that handle a myriad of oil spill claims and legal issues charge from 20%-33 1/3% to handle your BP Claims.
BP Claims making the News
I have been writing for about a month now about BP Claims and the ensuing battle for transparency with the GCCF and Ken Feinberg. BP Claims Lawyers have asked Judge Barbier to appoint a Special Master to the 20 Billion Dollars Oil Spill Claims Fund. Attorney Generals from the Gulf States have asked Judge Barbier to look at complaints that the GCCF is intentionally Delaying, and Denying BP Claims in order to pressure oil spill victims into taking BP Quick Pays. Attorneys for the Plaintiff`s also charge that the GCCF is not in compliance with the Oil Pollution Act, and that all the Quick Pays deserve a second shot at the BP Claims Fund.
Today GCCF Lawyers Defend their Handling of BP Claims
The Attorney for Ken Feinberg, David Pitofsky said in court filings that the BP Claims Funds accomplishments show that there is no need for court oversight. He went on to say that they are overseen by several committees in Congress and the Coast Guard. When asked about the BP Claims Quick Pays he said that “It can be a perfectly rational decision to accept an assured short-term payment over a possibly larger, but postponed long-term payment. He also said that “claimants are drawn by the immediate cash for their BP Claims.”
GCCF Tactics regarding BP Claims
The GCCF is utilizing a Delay, Deny, Defend tactic when it comes to paying your BP Claims. The GCCF is ever changing what they are asking people for regarding documentation, and the BP Claims process is ever shifting and becoming more forensic. People are receiving unsolicited offers from the GCCF mostly in the form of Quick Pays. Many of the Quick Pays that are being offered by the GCCF are far lower then what BP actually owes people and business`s affected by the BP Oil Spill.
What to do about Your BP Claims
Quite simply put them in the hands of a BP Claims Expert, whether you use one of our BP Claims Team members, or find your own. BP Claims Team members are getting oil spill claims paid. We have been working with many of them since the beginning of the spill, and they are doing a fine job getting people paid. We have added some new members that are filling niche`s as new developments in the BP Claims process need to be addressed. BP Claims Team members can look into your claim while it is at the GCCF, and figure out why it is being delayed, cure any deficiencies, and explain your claim to GCCF staff in order to substantiate your claims. BP Claims members can help if your claim was denied, and of course they can help you if you are filing a BP Claim for the first time. All Team members work on a contingency basis, and their fees start at 15%.
Best of Luck with your BP Claims.