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.