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BP Claims and the Future of the Gulf Coast
With BP trying to mitigate damages by saying everything is back to normal economically, and they will not pay BP Claims for future loses, except in a few cases such as Oystermen, one can`t help but wonder what the future holds for the BP Claims process. The BP Claims process was supposed to make everything right as we endured the worst man made oil spill in history. Remember that it was BP`s negligence that caused the oil spill in the first place, and the BP Claims process was supposed to make it right, or at the very least, as right as it could be. What draws many people to the Gulf Coast is the natural beauty of the Gulf, the fresh seafood, and the splendor of spending a day in the blue waters of the Gulf of Mexico. By all accounts from fishermen, oystermen, shrimpers, and crabbers the Gulf`s health has issues. If the Gulf Health deteriorates as has been evidenced, will people want to come here to vacation, and that seems to be the only factor that BP is using when it speaks of taking future loses out of the BP Claims process.
Gulf Health and BP Claims
If the Gulf of Mexico faces a catastrophic decline in marine populations, and there is some evidence of this already, what will happen to the tourists who have historically come to enjoy the seafood and bathe at the beautiful beaches. Three out of five people won`t eat Gulf Seafood. If it is not safe for the animals that call the Gulf home, are you really going to let your kids swim in the Gulf. It may not come to light this year, but there is mounting evidence that in the following years we could see a steep decline of locally harvested seafood from the Gulf of Mexico, and it is quite possible the Gulf will have a stigma to it, that no amount of BP Claims money will ever be able to fix.
Environmental Indicators and BP Claims
Certain Areas are reporting the Crab catch is down about 75% of from previous years, the brown shrimp catch is down about 90%, approximately 80% of the oysters are dead, fishermen are noting substantially decreased numbers of what was once plentiful catches, and the GCCF is slow to pay people on the front lines their BP Claims money. It took years to figure out what was going on environmentally after the Exxon Valdez tragedy, this is happening at warp speed in comparison. At the same time BP is trying not to pay for future losses for BP Claims, meanwhile we are finding once steady fisheries in collapse, and this is year one. Oyster beds are not going to come back for years, the GCCF admits that, the crabs don`t seem to have any eggs with them, and die shortly after harvesting, these are leading indicators of the Health of the Gulf, and it`s surrounding waters. No amount of BP Claims money can make this right.
How We Work with you and your BP Claims
Why your BP Claims are not getting Paid
The Gulf Coast Claims Facility has sent out letters to many recently that their BP Claims are denied, or that the GCCF is requesting more documentation to substantiate your claim. Why, after months and months of processing is the GCCF doing this now.
It is all part of a larger tactic employed by the GCCF of Delay, Deny and Defend. The longer you wait for your BP Claims money the more people become disenchanted with the whole process. Many people decide not to take further action, or not to take any action at all. This is playing right into their hands. They want you to lose interest in the BP Claims process.
If their true intention was to make it right as their slogan says, the BP Claims process would be more streamlined and more fair. By making the process more difficult the GCCF is saving BP money. Lets remember that the GCCF is run by Ken Feinberg who is paid by BP. He is paid 1.3 million dollars per month to administer the BP Claims money through the GCCF. Feinberg tried desperately to portray himself as independent of BP, it took a ruling by Judge Barbier in New Orleans to tell him to stop saying he is Independent.
BP Claims Fund is paid Quarterly
The GCCF is allotted 1.2 Billion dollars from the 20 Billion dollar fund every fiscal quarter. That money goes to paying off as many small BP claims as possible, with a few large ones that are being represented by aggressive BP Claims Attorneys. Paying off the small claims first helps the GCCF look impressive statistically. Look at how they manipulated people into taking the BP Quick Pays. First they delayed paying anybody with Oil Spill Claims for sometime, promising people that Interim claims would be forth coming. Then after months of not paying those BP Claims they came out with the BP Quick Pay, 5k for individuals and 25k for business`s, this was only after people reached a high level of economic desperation. This also allowed them to take over 100,000 oil spill claims off the books, in a short amount of time, and people gave up their right to sue BP.
The BP Claims Shuffle
This is what the BP Claims process is coming down to, The GCCF is stalling because it does not have the full 20 Billion Dollars in the Bank, it is funded incrementally. When the money runs out, so does their ability to pay claims. What is the GCCF’s best line of defense? Your BP Claims are UNDER REVIEW, or your BP Claims have been Denied, please reapply.
None of this helps much when your world is in economic collapse due to the Oil Spill. Lately, BP has been making deals with its partners to pick up some of the cost. Weatherford International has agreed to pay BP $75 million, Mitsui has agreed to pay BP 1.1 Billion. BP still has ongoing suits against other Deepwater Horizon partners Transocean, Halliburton and Cameron International as part of the multidistrict litigation that is ongoing in the U.S. District Court for Eastern District of Louisiana.
With all of this money coming in and the energy BP is expending to bring it in, you would think that if they used half of this effort you would assuredly have gotten your BP Claims paid by now.
Our BP Claims Solution
The Dream Team of Attorneys that we have connected with to serve you, all have specialties in the BP Claims Process. They are major players in the upcoming litigation, one is on the Plaintiffs Steering Committee, another has received the highest award for his clients from BP ever, another firm specializes in Interim Claims and Denied Claims with a quick turnaround time, they are all here for you. All you have to do is fill out the form to the right. Do you really believe the GCCF when they tell you your BP Claims are still under review.