Tag Archives: gccf claims settlement
BP Claims and how to get Paid
You can make BP claims with the Gulf Coast Claims Facility created by BP and Ken Feinberg, who promised to ” Make it Right.” They also said your BP Claim would be handled within 90 days after the Emergency Claims deadline of November 23, 2010, but many who filed right after the deadline are still waiting. It is mid-June now and individuals and businesses have been waiting 9 months for their BP Claims money, only to hear we need more documents or their case is under review. Even worse, many people waiting for their BP Claims money, were told they were denied or simply offered the 5k quick pay for individuals or the 25k quick pay for businesses as long as they agreed not sue BP.
The best results I have seen for people going through the BP Claims process has been to hire a BP Claims Attorney. Instead of the GCCF being able to use bullying tactics, good oil spill attorneys will handle them for you. Instead of being offered for 1- 2 years of losses from BP, which I still have not heard of happening, oil spill attorneys will ask for 3-5 years of losses and handle negotiations for your BP Claims money for you. They will also push for interim payments so that you have some time to evaluate the true impact of the oil spill on you or your business. Many interim claims payments have been accompanied by final settlement offers. It is up to you to accept or reject your final BP claims settlement.
If your BP claim was denied, it may be a blessing in disguise, as you probably have all of your paperwork available, and when you give it to an Attorney they may be able to point out that you should have filed multiple BP Claims, or other things you may have overlooked. Having all your documents in order will certainly expedite your BP Claims.
BP Claims: How Long does it Take
If you are still waiting for the GCCF to “Make it Right,” your BP Claims money may have to wait until February of 2012 when the litigation is scheduled to begin. They may make an offer between now and then, but I would not bet on it unless it is a quick pay, or a low ball final settlement. Now mind you the GCCF could have a change of heart between now and then, and become immensely fair and truly try to make it right, but again I wouldn`t bet on it; it just doesn`t fit the present corporate culture when it comes to handling BP Claims.
BP Claims Attorneys that we have connected with have gotten their BP claims paid within 2 months recently. These attorneys know how to deal with the GCCF and they know how to organize your BP Claims and maximize your BP Claims. They are also quick to point out that you and your family or business may have multiple BP Claims. There is also an accelerated BP Claims process that I have been recently told about that helps large employers avoid laying off employees. Though there is no set time table to get your BP Claims paid, it does seem attorneys get them done much faster.
BP Claims: The Trickle Down Effect
If large segments of a community lose the ability to work, it’s natural that they stop spending money for other things. If they had received BP Claims money from the beginning it would have encouraged spending in those areas. Instead, businesses and the employees that work in those businesses bore a large brunt of the economic hardship and often the BP Claims process tries to overlook them. Beauty parlors, lawn services, general contractors, restaurants, many in the service areas of the Gulf economy were severely impacted by the Gulf Oil Spill. Any non-essential business was hit hard when people stopped spending in the Gulf Region, though BP has made it difficult for many in these businesses to file BP Claims, often citing that there is no correlation between the spill and the economic downturn, though we all know differently. The Oil Spill did have a direct economic impact for many and they should be compensated through the BP Claims process.
The GCCF to Settle Some BP Claims in Mass
I have been informed by several large firms that they are in discussions with GCCF and BP Claims Representatives. They are preparing to settle their entire case loads, or blocks of them with the GCCF. We are in constant contact with these firms, and can help you get your BP Claim included in these settlement proceedings. That being said there are no guarantees, but if you are serious about settling your BP Claim and you are tired of being put on hold by the GCCF, now is the time to fill out our Free Case Review Form. The BP Claims process has been a nightmare for many, they have strung out so many for so long, with no end in sight, only to keep telling people, your BP Claim is being reviewed. This is just a tactic by the GCCF to get you to give up on your BP Claim, or accept a token offer.. I have been telling you all for weeks that the GCCF was getting ready to settle out BP Claims in blocks or the Attorneys entire case load, well the time has come to get paid for your BP Claims.
You may have Multiple BP Claims
What many people failed to realize is that they were also able to file several different BP Claims with the GCCF. For example if you had a business, a few pieces of real estate, couldn`t find other work, participated in the VOO program, you would have multiple BP Claims. The GCCF does not want you to recognize this. It is important for Business`s and Individuals to recognize and relate each area where the Oil Spill cost them money. If you are a restaurant and the oil spill caused a rise in seafood prices, as was the case as much of it had to get shipped in, besides just loosing customers, you also had your costs rise, how long will that go on for. Lets say that restaurant also owned the building, and the land it sits on, that`s another BP Claim.
Denied BP Claims
If your BP Claim was denied, it is not the end of the world. The good news is you probably have all your paperwork together or at least the bulk of it. The Attorneys we have connected with can help you organize your claims. I have been hearing from 100`s of people who worked next to people who got paid, yet they were denied their BP Claim. This shows the inconsistency of the GCCF and the BP Claims processes. The GCCF most often strung these people along, again saying your BP Claim is under review, or we need more documentation. Then out of the blue many went to their mailbox, or checked their BP claims status online only to find out they had been denied.The BP Claims process has been anything but fair, and the Attorneys we have connected with understand that. It is time to get your BP Claims paid and the time is NOW.