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BP Claims Settlement on Monday

BP Claims Settlement should be Monday

bp claimsWell here we go again, the BP Claims Settlement has everybody`s hopes up, just like when Feinberg opened the GCCF, it is eerily reminiscent. The BP Claims Settlement promises to be better though, more transparent, easily understood, and fair. The devil is going to be in the details, experts will comb through it for days, we do have some inkling of what it will contain, but continue to hear that terms of the settlement are changing from day to day.

BP Claims Settlement pros and cons

Your Claims are finally going to get paid, or at least we think so. There are going to be generous multipliers for people in specific zones such as zone A, along the shore, there will be larger multipliers for the ones most affected such as folks in the Seafood Harvesting and Tourist Business. What appears to be a windfall for many has some strings, it is a Settlement, you get paid and your done. The biggest draw back about settling Claims at this point continues to be the unknown Health of the Gulf. The Wall Street Journal today wrote an article all about it. see here

If you choose not to settle your BP Claims

Well if you decide to litigate your BP Claims we are looking at potentially years of litigation before you get paid. Personally I am not opposed to litigation, if you can afford to wait them out, and we have plenty of good lawyers that we are in contact with that would love to help you. Personally I don`t believe we should even be talking about a BP Claims Settlement until we know what the facts are about the health of the Gulf. That being said we have developed a system with different groups of Attorneys and Adjusters that can and will help you with your BP Claims. Different groups specialize in different sorts of Claims.

BP Claims and You

The biggest thing you need to remember is that the BP Claims process was meant to make you whole, or as whole as you can get. There are a lot of people with very large losses through out the Gulf, whether it is a large business loss, the loss of your health, the loss of a job, or the loss of how you made a living for generations. In the end, how you handle your BP Claims is up to you, as a friend of mine would say Pause, Pray, and Proceed, I think it is a good time to do that.

We will help you with your BP Claims.