As anyone who reads my blog knows, I have always been an advocate for trying to work out your BP Claims with the GCCF.
But news out last week, including some insider news that I have gotten, has made me change my advice for everyone reading my blog. Forget about the GCCF! Even if your claim is still with the GCCF, now is the time to get an attorney and let BP and the GCCF pay you everything you have lost and then some.
Last Week’s News: Not Good For The GCCF
Last week’s report of BP’s fault in the 2010 oil spill was so damaging to BP that sources close to the matter expect BP to pay out BIG settlements before February 2012. As the GCCF takes 90 days to review cases the GCCF is now a terrible option for people with a legitimate BP Claim.
You are in the driver’s seat now. The GCCF has done nothing for you but make you jump though hoops only to offer you nothing but hope that they would do the right thing (they won’t). Well it’s not up to the bureaucrats at the GCCF anymore, it’s up to you. You set the amount that you want them to pay you. You don’t have to wait for an offer from the GCCF anymore. You can tell them what it will take to make you settle. Make it a high amount because they have royally screwed this one up, and they have no choice but to pay for the damage they caused.
As the report from last week was so damaging to BP, people close to the case say BP is ready to settle its civil cases with more than 30 billion dollars. You can read the highlights here. That’s $30,000,000,000 they have set aside to pay for their massive disaster. The only thing you need to get your piece of the compensation you deserve is an attorney. Get a free case review today by filling in the form on the right hand side of the page, and your case will be settled before you know it.
BP Is Ready To Settle If You Have an Attorney, Forget GCCF
I have heard all year about how the GCCF has tried to settle claims on the cheap with people who could not afford to pay their mortgages and bills, basically forcing them to take low ball offers. Well now if you have an attorney to handle your case for you, the offers are going way up. The talk about the mother of all settlements going on between now and February 2012 is not just talk.
I can confirm to the people who have signed up via this website that the end is very close. I can also confirm that people will be very happy with their offers, and I can confirm that BP is now finally ready to settle for what you have lost. As you can read in the article I provided above, the settlements are NOT just for what you have lost anymore. Because GCCF and BP took so long to get people the money they needed to keep their homes and business afloat, the price they have to pay has gone WAY up.
If your claim is with the GCCF and you do not have an attorney
It’s absolutely not too late to have your claim represented by an attorney; fill out the form and we will help you out today. In my opinion, at this stage of the game with 3 months left in 2011 you could be talking about 5-7 times the payout if your claim is in the $5,000 category, and 3 times the loss if you are in any other category of 2010 losses.
So people who lost in the $5,000 range are getting $25,000-$35,000, and people with bigger losses are still getting repaid what they lost and then some. This is just what I’ve been hearing, so it’s not definite, but the people who have been following my blog since June 2010 know that I have been pretty close with my predictions so far because I talk to a lot of people in the know about what is really going on behind the curtain.
How Do Mass Settlements With the GCCF Work ?
The way they figure out the amount you get is a little complicated, but this is basically how it will work.
First they find a floor with the minimum offer, so lets say the floor is $25,000. That means everybody who lost less than $25,000 in their claim will get offered a settlement of $25,000. This will probably take care of 10-20% of the claims. After that each category of business and job gets a number put on it. For example, all waitresses get $40,000. If you were a waitress and lost $10,000 in 2010 you will now be offered $40,000 to settle. That number probably sounds good for most waitresses, but maybe some lost more and they can then just reject the offer and wait for a better offer. But if you are getting an offer of 3 to 4 times your actual loss, and you can prove you lost that much, it would be smart to take it in my opinion.
This goes on for each group of business and job until 80% of all cases are settled. After that the last 20% of the cases are the ones that are very specific and very high dollar losses. Lets call them $500,000+ settlement cases. These cases have to be settled individually as the details really come into play in negotiations, but the amount negotiated would most likely be between 3 and 4 times the amount lost.
The reason these numbers are so big is punitive damages. Punitive damages are what corporations have to pay to their victims as punishment for wrongdoing. That means that in addition to just your losses, BP also has to pay you extra as a penalty for being so negligent. They are now required to pay punitive damages for all industries related to the Gulf Of Mexico. This includes charter fishermen, shrimpers, deck hands, and many more. All of these people will get a nice multiplier to their losses. This multiplier could be as high as 4 or 5 times the loss.
The reason they are willing to pay so much out in settlements is because BP does not want to end up paying punitive damages and attorney’s costs at trial. They are scared of a trial, which means they will pay extra in a settlement to avoid one.
Get Your Cases To An Attorney, GCCF Is The Wrong Strategy
As I end this long blog post let me stress the urgency in getting your case to an attorney with the power to deal directly with the people behind the GCCF. If you want to be part of the Mother of all settlements, you have to be represented. Just having your claim at the GCCF is not enough. You have to have representation. It is extremely urgent that you get your case over to the Attorneys now so they can prepare it and put in for a possible large settlement in the future. Stop letting the GCCF drag their feet and stall you with garbage low-ball offers. We have passed the point where the GCCF is going to settle your claim for you. It is time to get an attorney NOW!
Another great week of people getting paid on their BP Claims from the GCCF, we have gotten many more business paid on the interim and final claims with the GCCF.
I think want we have found out by working closely with the GCCF is that if you present your case well to them and have a strong argument of why you have lost the amount you are stating your have lost its very likely that they will pay you the full amount in a very short amount of time. It does help when the case are presented by one of the strongest BP oil spill attorney’s out there but still a well crafted case will go from denied by the GCCF to approved by the GCCF very fast in our system.
Getting Your GCCF Claims Approved
What we have found out by working with the GCCF for all these month is very important to getting your GCCF claims approved.
1. You must present all documentation that they are asking for check out GCCF Help for all documentation needs.
2. Your Causation letter to the GCCF telling them why it was the BP oil spill causing the economic damage and not the general economy must be strong.
3. If your case is not a straight forward loss where you show on pay check that you made less in 2010 than in 2008 and 2009 don’t even use the GCCF
4. If this was a new business start up less than 1 year in business don’t even use the GCCF they will not pay you
5. If your business closed down because of the economic impact from the BP oil spill don’t wast your time with the GCCF
On all the sections that are not straight forward you need to get with an attorney to handle the case for you as there are many factors that goes into your claim if your business closed down or if you sales did not fall in 2010 but still you had a loss.
Now how can that be you might ask. Well what if you had one product like brown shrimp that you normally did 1,000,000 a year in sales but in 2010 your did zero. Now you did make up that loss on other products showing 2010 as no loss compared to 2009 but had the oil spill not happened you would have made the sales of the brown shrimp and come out with a big surplus.
So just because you don’t show a lower 2010 did not mean that you or the business did not loose anything. Think about the loss on your seafood costing more in 2010, giving you a lower Gross Profit as your cost went up. There are many complicated ways to look at your books to find out exactly what loss you might have had. Let a professional do that work for you.
If your GCCF claims where denied or deficient
Here is what I would do if you GCCF claim was deficient and you got a deficiency letter back from the GCCF, try and see if you can send back in the paperwork they are asking for to move your case along. If you need a work up on your claim contact our 800 number to have them help you. If you feel like you are tried of their BS fill out a free case review and get our full system working for you. If you GCCF claim was denied, don’t give up there is still hope that you can get money. We have gotten a lot of denied over turned and gotten them money. The last one was a restaurant in Florida but on the Atlantic side that we got moved from a denied to $78,000 in about 3 month. If you have had a loss because of the oil spill we can make the case for you and make it payable with the GCCF no matter what you have done up to this point yourself.
If your know somebody that need help with GCCF
If you have friends that are in need of help getting their BP claims paid tell them about us, tell them not to give up and give them our website. We can get everybody help that has a legitimate loss because of the BP oil spill. If you are a business or an individual we can help everybody getting paid by the GCCF or as a last resort get them paid by the courts. The very few number of claims that goes to court will be very special cases nothing like the normal business loss or personal loss it will be cases where there are doubt on how to pay the people the right amount. Let us hear from you if you need help with your GCCF claims.