DeepWater Horizon Settlement Thoughts
The BP Settlement Matures
With Judge Barbier`s final approval of the BP Settlement, combined with finally seeing a sample set of all types of claims get paid or receive offers, we more fully understand how different types of claims, in different zones will be treated.
Should we have had this understanding before the opt out date, sure, but we have to play the cards we have been dealt.
On the bright side our processing side can tell you if you have a claim, as long as you have the financials to support it, in hours, and not days.
The maturation of the DeepWater Horizon Settlement has accelerated our ability to process claims, and help people better understand if indeed they fit into the BP Settlement.
DeepWater Horizon Settlement Incomplete Claims
What many people and businesses are experiencing are Incomplete Notices, for many, these come one, after another, after another, after another, you get the idea.
It would be beneficial if the leadership at the DeepWater Horizon Settlement could facilitate it so that ONE CHECKLIST of everything that the Claimant or Claims Preparer needed to complete the Claim was furnished to them.
This would end a lot of frustration on everybody`s part. If you are experiencing Incomplete Claims Notices and are at then end of your rope, we will be happy to assist you, we can handle most of them for as little as 10% of the eventual recovery.
Settlement Zones and NAICS Codes
There are still some issues with Settlement Zones and NAICS codes, what is considered tourism, what is not tourism.
We are also seeing a large number of claims that are clearly in HIGH Volume Tourism Destination areas that don`t fit under the Tourism NAICS codes get labeled non-tourism.
There are cures for that, but as usual you have to jump through a few more hoops, and dot your i`s and cross your t`s.
The multiplier for a non tourism related business vs. tourism related business makes it worthwhile.
BP Business Claims
Many businesses that are applying for the BP Settlement are eager to know if they have the correct financials in order to have success under the terms of the Settlement. If you own a business, and are looking for answers surrounding your claim, or possible claim, don`t hesitate to call us, and our in house experts will be happy to assist you. We have forensic accountants, and other BP Claims Professionals that will be happy to help you, we are not attorneys.
Individual Claims in the BP Settlement
Individual claims in the BP Settlement are still running into all kinds of road blocks with in it`s framework, these people need to be handled in a more expedient manner. We deal with lots of individuals and understand there frustrations, some are better handled by attorneys for various reasons, and some we can assist, either way this has been a bone of contention for many of you. Many of the people that are on our facebook site have run into these same obsatcles, if you need help, please feel free to contact us, if you would like to talk to a group of people that have faced similar challenges check out our Facebook Page at BPClaims.org Facebook
Old GCCF Claims
When the GCCF Closed it`s doors they had almost 1 Million Claims that they were processing, what happened to all of these claims, well for the most part, people and businesses did not update them for the BP Settlement.
The last update that I read from the DeepWater Horizon Settlement, they had approximately 91,000 people and business that had filed with the Settlement.
Within the Judges order he said they anticipated over 1 Million claims to apply for restitution.
If you have a claim, that was with the GCCF it is time to get back on it, and update for the BP Settlement. If you are wondering if you have a claim that qualifies fill out the form or call us at 1-800-BP-CLAIM.
BP VOO CLAIMS
We have had BP appeal various VOO Claims for a variety of reasons, usually people had lost there Master Vessel Charter Agreement, or other needed documents. We have developed several workarounds for these issues. We have gotten VOO Claims through the process in as little a 2 weeks.
The BPClaims.org Network
We have the largest network of BP Settlement Professionals from Key West to Houston. Traditionally we charge just 15% for assisting you with your claim, we don`t get paid until you do. We pride ourselves on the individual attention we provide our clients. You will always receive a call back from our Claims Advisors…we look forward to speaking with you!
If there is one thing that separates us from other Claims Groups and firms, it is our Accessibility. Many of our clients don`t just reach our staff at the office, but often have their personal cell phone numbers, we pride ourselves on being here for the client, and getting the job done.
We will Help You with Your BP Settlement.