Tag Archives: oil spill claims
BP CLAIMS PAYMENT AS GULF COAST CLAIMANTS WAIT FOR RELIEF, BP EXECUTIVES GET A PAY RAISE.
As Gulf Coast claimants wait to recover BP Claims Payment from the oil spill of 2010, the largest environmental disaster in history, the oil giant adds insult to injury by dramatically increasing the salaries of executives instead of paying the victims of the spill. While many Gulf Coast claimants are still reeling from the effects of the spill, BP continues to be one of the most profitable companies in the world. BP was so profitable in fact that BP CEO Robert Dudley received a pay raise worth triple from his total pay in 2012. Counting salary, bonus, and stock options, Dudley’s compensation was $8.7 million. With his pension included, Dudley cleared $13.2 million. This is a little unsettling, to say the least, for local Gulf Coast companies who are STILL waiting for their BP Claims Payment and still trying to recover from the loss of business, homes, and jobs. BP appealed the settlement for the BP Claims Payment in late 2013, stating that losses were being claimed by companies whose losses did not originate from the spill. Many suspect this is yet another stall tactic to avoid paying claimants, even though BP claims that they are “committed to paying all legitimate claims of real people who suffered real financial losses from the spill.” In December 2013, a judge said BP can’t change the interpretation of its settlement just because it is paying more for losses than it expected. That judge’s ruling was upheld in early March 2014. “The settlement agreement does not require a claimant to submit evidence that the claim arose as a result of the oil spill,” Circuit Judge Leslie Southwick wrote. Because of this, BP will have to stick to its original agreement
Even more unsettling is the amount of money BP is spending on PR, and the way they are trying to “shame and blame” the claimants. “BP remains committed one of the ads reads. “But we will take whatever legal steps necessary to ensure that fraud is not rewarded and claims money goes to claimants who actually deserve it.” So far, the above statement can be translated as “pay no one in order to avoid claimants committing fraud or getting money they don’t deserve.” Sadly, many Gulf Coast residents and business owners would agree with that statement.
As they consider whether or not to appeal again BP Claims Payment, the effects of the 2010 disaster still linger in the Gulf. As of March 3, tar balls are still being collected from Florida beaches nearly four years after the spill. And recent research has found that chemicals in crude oil can be harmful to hearts of developing fish, meaning that any organism that swam near the Deepwater Horizon rig was exposed to cardiac risks. We at BPClaims.org are committed to helping claimants navigate the economic and medical claims process, and most importantly making sure that claimants get the money they are entitled to. After the latest ruling on BP Claims Payment, we are hopeful that some claims will get paid, and we thank the 5th Circuit Court and Judges like Leslie Southwick for forcing BP to “make it right” for the Gulf Coast claimants.
BP Payments Ordered to Resume?
The claimants of the Deepwater Horizon Economic Settlement celebrated a small victory earlier this month when it was decided in a 2:1 vote by the 5th Circuit Court of Appeals that BP will have to resume payments to victims of the oil spill. Unfortunately, even though Judge Leslie Southwick ordered that BP will have to pay up under the terms of its agreement, many business owners are still waiting to get paid.
Back in December 2013, the 5th Circuit made a ruling that required Judge Barbier to halt payments temporarily in cases where causation was not proven until that particular rule was changed under a stay. That stay, the judges noted, should be “tailored so that those who experienced actual injury traceable to loss from the Deepwater Horizon accident continue to receive recovery, but those who did not do not receive their BP Claims Payment until this case is fully heard and decided through the judicial process, including by any other panel of this court that resolves these issues.” I think it is safe to say that the “stay” didn’t go as planned. I say that because none of the businesses have been able to recover anything since the halt in payments. It seems that BP’s solution to the problem of determining causation is this: Don’t pay anyone! Not one business claim has been paid since the 2013 payment halt. Even companies who received an eligibility notice in late September 2013 are still waiting to receive their money. BP even accepted releases on these claimants, but never issued a BP Claims Payment.
The problems surrounding the causation issue arose late 2013 after allegations were made that some BP Claims Payment were being issued to claimants who did not suffer an economic loss as a result of the oil spill. Admittedly there may be some truth to those allegations; it is not always possible to distinguish if a loss came from the oil spill or just a bad economy. In order to combat that problem, the settlement originally addressed the issue of causation by setting up requirements for a BP Claims Payment. Causation is assumed based on where you live in the economic loss zones, what industry you are in, and the pattern of the company revenue post oil spill. According to the 1,200-page agreement, if a business near the Gulf Coast can show its revenue dropped in 2010 then rebounded in 2011, it qualifies for compensation. The companies are not required to prove a direct link to the spill. According to U.S. Circuit Judge Leslie Southwick in the latest BP ruling in March 2014, proving causation is not the job of the claimant nor is it to be considered a gatekeeping function of the claims administrator. The settlement states specifically that claimants are not required to submit evidence that the claim arose as a result of the oil spill, and even though BP appealed this issue, the 5th Circuit is holding BP’s feet to the fire. BP is going to be forced to uphold the settlement that they helped to create.
Since the halt in every BP Claims Payment, BP has launched a PR campaign designed to show that they have “made it right” in the Gulf so to speak and also to point fingers at Gulf Coast residents, alleging that many of the claims made as a result of losses incurred during the oil spill are fraudulent. BP even took out full-page ads in several national newspapers to prove this point, but that doesn’t help the thousands of claimants who are still waiting for payment, it only serves to frustrate and anger everyone.
The appeal and halt in every BP Claims Payment may have had some unexpected result for BP. In trying to avoid the payments using the “proof of causation” argument, BP may have actually hurt themselves in the doing. In trying to limit the cost of the settlement reached in late 2012, they may have actually increased them when they decided to fight the issue of causation. Back in 2012, BP estimated that the deal would cost the company $7.8 billion. Now, the price tag could reach $9.2 billion or higher. People and businesses making claims still have to attest that their financial losses were caused by the spill, but they do not have to submit actual “proof”. Judge Southwick writes “There is nothing fundamentally unreasonable about what BP accepted but now wishes it had not.”
Now that the issue of causation has been answered once and for all, this opens the door for all claimants claiming a “trickle down” effect loss, which in reality and according to the settlement, is a valid BP Claims Payment claim. I expect to see more claimants now, but I do wonder if they are going to run into problems when they seek help through an attorney or a claims office. BPClaims.org is still accepting clients; we were there in the beginning, and we plan on staying until the end. Unfortunately, many other firms have been forced to stop taking BP Claims because most of them are paid on a contingency basis. The halt in payments have made it impossible for these firms to continue to pay office expenses and salaries associated with processing claims. The December 2013 halt in payments hurt the claimants, is going to cost BP more in the long run, and helped BP succeeded in this: the dramatic reduction of firms that were in business to assist the claimants. That may not have been the intention, but it was one of the end results.
Meanwhile, the deadline for business BP Claims Payment is fast approaching. It was originally set for April 22, two days after the fourth anniversary of the Deepwater Horizon explosion. It now has been extended to late summer. We at BPClaims.org are still accepting claims, and we are still fighting for our clients. Now that the order to resume payments has passed, we are cautiously optimistic and expect payments to resume for businesses by April 2014 on every BP Claims Payment.
Contact BPCLAIMS.INFO by calling 1-800-272-5246 or 1-800-BPCLAIMS
By: Kathy Schulz
I am pleased to tell everyone that the BP SETTLEMENT will resume. When? We really don`t know, but we are a whole lot closer. The 5th circuit judges as a majority, ruled in favor of Judge Barbier`s previous decisions. I speak for many when I tell you how pleased we all are.
We Thank The 5TH Circuit for actually “Making it Right” and for Judge Barbier and Patrick Juneau for having it RIGHT the whole time. We further appreciate Judge Barbier and Patrick Juneau for sticking to their guns, and holding BP accountable.
The Fifth Circuit Judges “Made it Right” by lifting the stay for Business Economic Losses or BEL`s imposed by a previous 5TH Circuit Panel.
BP was in a no lose position
Either BP could stall the settlement, or get it thrown out, they stalled. As BP stalled the settlement for the last several months, you need to wonder how much money BP accrued through its holdings during that time. How much money did BP save during this period, and how much did BP make with the money they should have been paying oil spill claims with.
Barbier and Juneau had it Right from the Start
Juneau and Judge Barbier had it right from the beginning. BP had made an agreement that showed causation through the V test and other models and they were bound by the terms of that agreement.
In reality all this is was, was another stall tactic by BP.
There is no doubt that we’ve seen this before during the GCCF days and the BP settlement era. What it comes down to is, it just takes more time for people to get paid, and some people with VALID BP Claims will just let their claims go, and let BP off the hook, , they wore them down, don`t let them.
Some BP Claims /CPA`s /Processors/Attorneys/have Quit handling BP Claims
As part of the collateral damage many groups just could not afford to process BP claims anymore, or just elected not to. It is difficult to justify a continual expenditure on BP claims that just don`t seem to get paid. By BP continually stalling it, put many groups in a tough financial position.
Other issues are that many CPA groups, specifically the smaller ones are not staffed to handle BP claims and the regular accounting load. and these guys are now heading into tax season.
If you are a a group or firm that needs help with it`s BP Claims Case load call 1-800-BP-CLAIM. We have other processors and attorney`s that would be happy to work something out with you.
The BP claims processes was meant to to get people paid. Plain and simple, not get blocked by BP every step of the way.
BP`s strategy revealed they would use of the Delay, Deny and Defend strategy. This is the standard strategy by unscrupulous insurance companies and BP.
Written by: W.C Bohack
BP Settlement News and BP Claims Rumors
Well it has been a few days since the BP Settlement hit the wires. The phone hasn`t stopped ringing, people close to the Settlement have been weighing in through out the last few days, and the good news is, if half of what we have heard today is true, and you have legitimate BP Claims, even if it was denied, we can help you with your BP Settlement.
The Facts are this, the BP Settlement is divided in two parts. There is one aspect of the BP Settlement that deals with Loss of income for Businesses and Individuals, there is another aspect that deals with Oil and Corexit exposure, for Oil Spill Clean Up Workers and people who live and work along the Gulf. There is no cap.
We have long advocated that the needs of the people who got sick needed to be addressed, and are very glad to see them in the BP Settlement. We have called for blood tests and testing for over a year. We can Help you if you are sick.
A new methodology will be put into place for factoring your BP Claims for loss of income.
BP Claims Settlement Rumors: Final Payments may not be Final
If you took a final payment and it was not a Quick Pay you will have an opportunity to be included into the BP Settlement, this is believable, as you dissect the Oil Pollution Act, you can not take a final payout until the true extent of the damage is known.
If you took a quick pay you will not be eligible, I do expect Quick Pays to change as long as you have the documents to substantiate your claim. When Feinberg starved people out, then offered them Quick Pays it was one of the most callous moves during the process. It was awful , and one of the first things he did, as he shelved paying out Interim Claims for months.
BP Settlement and BP Claims New Leadership
Lynn Greer from Brown Greer out of Virgina will be the Interim Administrator of the fund. She is a fabulous choice, as she knows the process intimately. Many people did not know that the GCCF handed off claims to Brown Greer for processing, but that is just what they did. This will allow for seamless integration as the players are not changing, except for Mr Feinberg, but the process will be, as it will be easier to prove your claims with the new format.
Some Attorneys voice concern about the BP Settlement
A Houston-based attorney who represents people and businesses with roughly 12,000 spill claims, questioned whether the settlement will be more beneficial to his clients than the existing fund. We get calls daily from claimants whose claims were never even filed with any accompanying paperwork proving their claims, and some were never even filed. Claimants should not be victims of their Attorneys ineptitude. Anything would be better then the GCCF, oh, except if your attorney never even filed your claim. Find out your claims status is, and if your Attorneys are asking for paperwork get it to them.
The Attorneys we have connected are pro`s at filing claims, one of the Attorneys has had more claims paid then any other Attorney filing BP Claims.
BP Settlement Solutions
The Attorneys and Adjusters/Consultants that we utilize are all veterans of the Oil Spill Claims process. One of our members has recently been asked to help setup the new BP Settlement process. Many of our Affiliates are at the top of their respected fields, this has proven very beneficial. We do not advocate that one Attorney or one Adjuster fits All, we take you to the best group that fits your Claim. Fees for Adjusters/Consultants start at 15%, Attorneys fees start at 20%. Some fees are as low as 5% for multimillion dollar claims.
We will help you with your BP Settlement.
Details have not yet been released, we will let you know when we know. We would like to congratulate Joe Rice and all of the members of the Plaintiff Steering Committee. We should be hearing the details in the next 24 hours. We will update the site accordingly.
Find out how much your BP Claims are Worth
The BP Claims Estimator was created to help you find out just how much your BP Claims are worth, If you would like to get an approximate value of your BP Claims click here.
The information that you provide must be accurate, so it can be assessed. The BP Claims Estimator can help figure out: VOO Claims, Property Claims, Business and Individual Claims, as well as help attorneys get an idea of how strong your claim is if you got sick from the Corexit while on Oil Spill clean up duties.
BP Claims News: BP Trial is off for 1 Week
From what we have been told it looks as though the BP Settlement is still very much a reality, with just a few stumbling blocks that need to be overcome. It would be a shocking if BP did not settle out as there is overwhelming evidence that the corporate giant took short cuts, and didn`t tell it`s partners about a 2 foot pocket of gas that could have been the cause of it all. The settlement talks have evidently bared some fruit as they are now giving them an extra week, the BP Trial will begin on March 5, 2012, if there is going to be one.
BP knew of the gas pocket, and instead of alerting it`s partners about it, as they should have, they continued to drill. Had they alerted their partners, more cement would have been used to seal the well, and it would have changed how they would have proceeded, but this took time and money. In the end BP`s corporate culture shined through, and they decided to take the risk. We all know what happened after that.
BP Claims Consultants and Attorneys are ready to Help
Whatever the outcome, we have THE BEST Attorneys and Consultants to help you with your BP Claims. We have been actively involved with working a number of different groups from the beginning, and continue to bring in groups that we find are doing a great job for people. They can help you even if you claims are denied or stalled.
The consultants we use are all BPClaims.org accredited, the Attorneys we have connected with are all at the top of their fields for that specific Oil Spill related niche. Many of them are members of the Plaintiff Steering Committee, or on various sub-committees. Consultants fees are 15%, while attorneys fees start at 25%.
We will Help you with your BP Claims.
BP Claims Settlement News
BP Claims Settlement news hit the wire according to a recent report. BP may settle all oil spill claims for 25 Billion Dollars according to Morgan Stanley. Analysts at Morgan Stanley believe that the Department of Justice and BP will come to terms before the February 27th trial date. It appears that it will be announced before February 7th when BP is suppose to release it`s fourth quarter results.
This is very significant for everyone that was affected by the BP Oil Spill. Please note this is just the beginning of this hitting the news, we predicted it would be 30 Billion back in late September. BP is trying to avoid the trial in February, it is obvious that for a number of reasons things will not bode well for BP, if in fact they go to trial. BP personnel are now facing criminal charges. If you look at all the news surrounding BP and the GCCF, the audit the GCCF is currently undergoing, the upcoming trial date for BP, and now the criminal charges, the best thing for BP is to prepare for a BP Claims Settlement.
BP Claims Settlement and What to do Next
If you have had issues with the GCCF, or if you have not put forth your BP claim and want to be a part of the BP Claims Settlement, now is the time to cure any and all deficiencies in your claims, and if you are having difficulty, call us at 1-800-BP-Claim. The initial consultation is free, even if you want to try to do it yourself.
We have had one goal from the very beginning, and that still holds true today, We just want to help as many people as possible. We have true BP Claims Experts to help you, they have Juris Doctrates, we have a great track record of getting people and businesses paid. We even have folks that worked for the Firm contracted by the GCCF to process your claims working for Us now, and they know exactly what needs to be done to get your BP Claims Paid. We do all of this for 15%, half of what many attorneys charge, if you need the help of an Attorney we have them too, and your total fee will be no more then 25%-33.3%. We can Help you prepare for a BP Claims Settlement.
How will the BP Claims Settlement take place
We have heard rumors around a BP Claims Settlement for months, in the last few weeks they have been more abundant. It seems that there are several different formats that your BP Claims will get paid out. One rumor is that the GCCF will stay in place, but with a new methodology and new oversight, the other possibility is it will be setup as they do after a Hurricane with some sort of tribunal format, and another is that people will get paid through one of several court methods, possibly even set up at the local level. What do all of these have in common, you will need to have your claims properly organized and calculated, and that`s what we specialize in. So if you want to get ready for the BP Settlement make sure you are prepared, if you need help. We will help you with your BP Claims Settlement.
Our BP Claims System is Working
We are very proud to announce that BP Claims are getting paid and the system we introduced and innovated is working. If you read this blog we introduced a new system where your information is gathered by BP Claims consultants, some of our consultants were formally working for the law firm the GCCF contracted to process the claims.
The claim is evaluated after an interview process with the claimant, then the claimant is given clear direction of what they need to do if they want their claim paid. If you follow these directions given by our in house experts, and allow them to package and organize your claim, they are seeing an exceptionally high success rate. Our BP Claims Team members know how to do this, because at one time they were working for the other side, and they know the in`s and out`s of the claims process, because they were the ones processing the claims.
They know why claims are denied, stalled, labeled deficient, and how to cure causation issues. Most of our in-house advisers have their Jurist Doctorates, and have extensive claims preparation knowledge.
BP Claims Recent News
The GCCF historically pays BP Claims in waves. We are very happy to tell you that in this most recent wave we have had great success in getting your BP Claims get paid. In fact many individual claims were paid within 45 days of submission, claims that we asked to be re-reviewed were paid within 7 days, and multiple business claims were paid with in 60 days of submission.
The key when you are working with our Consultants is to listen very carefully, and furnish the paperwork they ask for in a timely manner. The biggest issues many have had with processing your BP Claims has been chasing the paperwork, and not being familiar with the BP Claims process. It is up to you to furnish the paperwork we request, we will help you.
We are serious about getting your BP Claims paid, and request that the people we work with are serious too. If your claim is at the GCCF we can help you, claims that are denied or stalled can be re-reviewed and set back on track through our system.
BP Claims Business Specialists
BP Business Claims are very different from individual claims, many of the supporting documents needed to substantiate a BP Business Claim greatly impact the likelihood of your claims getting paid. Showing causation is a key factor. We have handled Business Claims from $15 million to $5,000 dollars and treated them all with the thoroughness and the due diligence they deserve. It is important to link the Oil Spill with the down turn in Business, and that can be done in a number of ways.
Other factors that need to be included are any tax records, profit and loss statements, and contracts that were cancelled due to the spill. These components can all have substantial impact and carry different degrees of weight. When these are all organized in the proper manner and calculated they are the trended.
Trending is perhaps the most misunderstood application when one is figuring their BP Claims, it is also the reason many claims are denied. If you need Help our fees start at just 15%, if we need to get an Attorney involved, your total fee will be no greater then 25%, and all fees are contingent upon you getting paid, there is no upfront cost.
We will Help you with your BP Claims.
BP Claims Expert Meets With GCCF Officials in NYC:
Update will be given Tuesday Nov. 1 by Mr. Coon
Brent Coon an Attorney that specializes in BP Claims and BP Claims litigation will be meeting with Mike Rozen and other GCCF officials to settle a number of BP Claims, on Thursday October 27th. They will be discussing settling a number of oil spill claims. Brent`s team has been preparing for this meeting for some time. We personally met with Brent and his Team last week in Beaumont and Houston. We have been forwarding them your information from the Free Case Review form for over a year now. Brent is in our opinion the BEST ATTORNEY to handle people and business that were affected by the BP Oil Spill. There are over 17 other firms that have aligned themselves with Brent to help him get the money you deserve for your BP Claims these firms are known as JV`s. These firms were chosen by Brent and his Team to aid him, to reach all the people affected by the Oil Spill.
BP Claims Barometer
What do we expect out of this meeting? We expect that Brent will do his best to maximize your BP Claims, and that the leadership of the GCCF will look at this as an opportunity to make things as right for as many as they can. This should be looked at as a barometer for the level of Integrity that the GCCF will handle BP Claims that are properly prepared, and presented by the most respected Oil Spill Attorney on the Planet. If he walks away from this empty handed, WAR should be declared, and an investigation at the highest levels should be immediately initiated, forget about waiting for the audit.
Why Brent Coon and Associates are members of Our BP Claims Dream Team
BCA is one of only a handful of law firms in the country that have direct access to Ken Feinberg and Mike Rozen (heads of the GCCF), BCA will be meeting monthly with Mike Rozen to negotiate direct settlements on large blocks of cases, regardless of their claim status with the GCCF. This means more claims should be settled faster and usually for more money. There is NO RISK. BCA does not get paid unless they are able to settle your claim through their direct negotiations along with the clout of going through the court system. Furthermore Brent`s past experience with the BP Texas City Explosion and receiving the largest award for a client ever from BP made him a natural choice.
To check out Brent`s site go to GulfCoastDisaster.com
To get in touch with Brent or other members of the BP Claims Dream, please fill out the form to the right.
We can Help you with your BP Claims.
BP Claims Attorney Brent Coon to Meet with the GCCF
Tags: Brent Coon; bp claims; gccf; gulf coast claims facility; oil spill claims; gccf claims
Gulf Coast Claims Facility: BP Claims Coalition is Formed
We have been in meetings over the last two weeks with Attorneys at the forefront of the oil spill litigation. The Gulf Coast Claims Facility has helped unite a group of Oil Spill Attorneys, Claims Adjusters and Activists. In an effort to hold BP and the Gulf Coast Claims Facility accountable, a formidable coalition of BP Claims Experts has been created. For the last two weeks we have gotten together to share ideas and intelligence on the trends we are seeing with the Gulf Coast Claims Facility. For months we have told you about our BP Claims Team, well the Team just got a lot bigger, with one goal in mind, to get your BP Claims Paid.
Gulf Coast Claims Facility Trends
What we are seeing is the GCCF is still making it difficult for BP business claims to get paid, without the help of knowledgeable Oil Spill Claims Experts. They are still trying to stall claims, and offering Quick Pays even when the amount owed far surpasses the Gulf Coast Claims Facility offer. The GCCF is still utilizing a delay, deny, and defend strategy, and waiting clients out that desperately need the money to keep afloat. This tragic, yet successful strategy has resulted in many business owners settling for the 25k quick pay, or just giving up on the BP Claims process.
Gulf Coast Claims Facility a True Story
Last week I spoke to an individual who just could not wait any longer, he was a Marine Contractor and built docks along the Gulf Coast in Mobile. People were not building any new docks since the spill, he had filed a claim over 7 months ago. He had received an EAP from BP. He had given the Gulf Coast Claims Facility every document they asked for, he was told on several occasions his BP Claim was escalated and was told to be expecting a check soon. The Gulf Coast Claims Facility went on to say that his BP Claim had already gone to the accounting firm that was going to be cutting him his check. He was expecting an Interim payment with a final offer totaling around 120k. Instead they made him wait months only to offer him 25k, and he was forced to take it due to his economic situation. This is what we are trying to help people avoid.
Here is an email he wanted me to share with you all.
What can I say. If you go to a Gulf Coast Claims Facility office and look on the door and all around they have (We are here to help you recover) That is a lie. It is now 8 months into 2011 and the Gulf Coast Claims Facility has done nothing to help me recover. On Feb. 15th I filed an interim claim for what I thought was the 1st quarter of this year, 9 weeks later on April 21st I got a determination letter that offered me zero on the interim and they offered me the 25,000 quick final pay. The quarter they determined was the last three month of 2010 which I had been sent an emergency advance payment in Sept. that covered my losses for 2010 I have no problem with that. So I filed another claim for the 2nd quarter on the 22nd of April 2011. Today is July 31st 2011 and I still have no new determination letter even though the first letter expired on July 24th 2011. I went into a claims office here in Mobile, Al on July 1st and filed a claim for the 3rd quarter at which time I was told that my claim had been passed along and was now at the accountants Price-Waterhouse, that was a month ago now and still no word.
Prior to the spill I owned my own company as a marine contractor building Boathouse’s, Bulkheads, Piers, and Marina’s all along the Gulf Coast. I had a consistent income of over 5,000 dollars per month. After the Oil spill I have had zero income from my company. All Building of Piers, Boathouse’s, Bulkheads and Marina’s Just stopped. The pile driving companies that were giving me the work all went to work for BP or they also lost contracts thus affecting my company in a negative way. I have been trying to find work ever since and the little bit that is coming back has not made it down to my company. I find it to be a shame that Ken Feinburg gets paid every month and the people who work at the Gulf Coast Claims Facility all get paid every two weeks but the people like me who are the ones who have suffered this loss. We can’t even get an answer as to when or if we will get recompensed at all. I find that to be discriminatory towards the people and businesses here who have suffered a loss and I wonder why the Media and the government have failed in holding the Gulf Coast Claims Facility and BP to their promises. These people get paid on a regular basis but those who’s livelihood has been taken away we have to wait and try to survive on nothing for many months at a time only to find out that the Gulf Coast Claims Facility can take as much time as they want even going beyond the 90 days they claim that it takes to review a claim and send a determination letter. Can someone please give me an answer before I’m forced into bankruptcy?
He eventually took the 25k quick pay and the future still remains uncertain.
If you have been offered a BP Claims Quick Pay, and would like it reviewed at no charge (most Quick Pays are 3-7 times too low), if you have yet to file a claim, or your claim was denied or is stalled at the GCCF, We can Help you.
If you need Help with the Gulf Coast Claims Facility we have BP Claims Experts that can and will help you.
Fees start at 15% of what is recovered, don`t be a victim twice.
Claims Adjusters and Attorneys are standing bye to help you with the Gulf Coast Claims Facility.
Gulf Coast Claims Facility a True Story
Resources: BP Claims, GCCF Claims, Gulf Coast Claims Facility
BP Claims and your Business
BP Claims for Businesses have had an uncertain path as they navigate the waters of the GCCF. Most BP Business claims have had great difficulty receiving proper compensation through the GCCF and the BP Claims process. The Gulf Coast Claims Facility has paid smaller claims with some ease lately, but substantive business claims have had a much more difficult time receiving the compensation they deserve. With greater frequency we are seeing business owners come through our site that have been made a 25k offer, even though they can prove that their BP Claims are much higher. We have yet to see one BP Business Claim that received the 25k offer not at least doubled. Most often the offer is raised between a multiple of 3-7.
BP Claims get stalled at the GCCF
Many BP Claims are stalled at the GCCF, there is a number of reasons these claims get stalled. First and foremost we know that claims get mislabeled at the Gulf Coast Claims Facility. This will result in letters of deficiency or a BP Denied Claim. Claimants are often bewildered when they are asked for paperwork that they know they have already sent in. Oil Spill Claims are also held up at the GCCF because they were prepared improperly. Just because you own the business or your bookkeeper or accountant has prepared your claim, most often then not they have left out critical factors of properly calculating your losses and accounting for the proper trending. Worst of all there are persistent accusations of the GCCF telling their staff to slow things down as they are processing claims in order for them to keep their jobs.
BP Claims Solutions for Businesses
At BPClaims.org we have organized the BP Claims Dream Team. We have several different Law Firms for you to speak with regarding your BP Claims, We have several different Claims Adjusting and Consulting Firms for you to speak with. It is our goal to match your claim and your considerations with the company that will best suit your needs. There are a lot of factors to consider during this process. This formula has been highly successful, we are seeing people who came through our website get paid at a record rate. We only have members on our Team that are at the apex of their field. They all have the ability to run shotgun on your claims and pressure the GCCF when appropriate. All BP Claims Team members work on a contingency fee, they don`t get paid until you do. They will help you organize and maximize your claims starting at 15% -33.3%. We will help you with your 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.