BP Claims – BP Settlement

A question I got just today that is very interesting it came from a lady in Louisiana, can my kids apply for the BP settlement ? She lived right across from the beach and her kids had some medical problems related to the oil spill.

The answer is YES your kids should apply for the BP settlement if they have had some medical problems related to the BP oil spill and if you live within 1/2 a mile from the beach.

On top of that she had file and received a Quick Pay on her wage loss claim. Does not matter as your kids would have a different social security number and they can file their own claim with the help of the attorneys.

The other beautiful thing would be the 21 year health monitoring that you kids would get if they applied for a BP settlement. This could make sure that any future problems they might have from the BP oil spill could be caught early and hopefully cured.

So I want everybody out there that live in the affected area to think about if a family member have been having medical problems because of the BP oil spill. The BP settlement would need a witness statement, doctor visits an any other proof you could supply.

If you have a claim or a loved one has a claim for medical because of the BP oil spill and you live 1/2 a mile from the beach in the affected area fill out a claim on the top of this website.

Even GCCF Is Telling You Not To Accept The Quick Pay

The GCCF posted this on their website today.

By accepting a Quick Payment offer, you will release and forever discharge ALL claims (except claims for Physical Injury or Death). You will NOT be able to pursue any further claims (except claims for Physical Injury or Death), in the Court-Supervised Settlement Program, or the GCCF, or against Transocean, Halliburton, or any other party, or the MDL, or any other claims process or litigation. You will also waive your right to submit your claim to the National Pollution Funds Center (“NPFC”), the Coast Guard office responsible for evaluating and approving OPA claims, any such claim being completely resolved by accepting this offer.

Its very clear in this that they think people are crazy also to accept  a Quick Pay at this point as you would be done and cannot get the benefit of the BP settlement.

At this point the BP settlement should pay you 4 times more than a Quick Pay and you should not accept it, unless you of course you cannot prove your loss. If you can prove you loss then don’t accept the Quick Pay. The deadline for accepting the Quick Pay is May 7 2012 and you will have to make the choice if this is the right thing to do. If you accept the Quick Pay you cannot get any money in the BP settlement or any other attorney settlements.

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As more and more news comes about about the BP settlement its clear to us that people with easy claims that are straight forward loss of wages claims should in most instances opt in for the BP settlement.

When we talk about an easy claim for the settlement is means you only have 1 claim and its for loss of wages. On top of that you are in the seafood or tourist industry.

These types of claims would be easy to work up for the attorneys and they would be easy to calculate a settlement amount for before submitting them into the fund.

Remember once you opt in to the BP settlement there is no opt out again

Another group of claims that should be easy for the settlement would be the VOO captains that should get 26 days extra pay. If you are happy with that, then its an easy opt in, now if you have other claims that have not been paid, be careful and know what you offer is going to be before opt in.

Don’t make a mistake like all the people that took the quick pay did, they are all kicking them self right now and are in a real bind because of it. They obviously did not read my blog and did not hear my warnings about the Quick Pay so they just took the easy money and are now screwed.

I don’t want anybody else to make that same mistake on the BP settlement, so know you offer before opt. in to the settlement.

What Areas Does The Settlement Cover

So for now we know for a fact that the BP settlement covers 4 counties in Texas close to the Sabrina River, the Gulf coast counties in Louisiana, Mississippi, Alabama and Florida. That would mean from Pensacola to Key West are covered in the BP Settlement. Lots of claims should be coming out of the South Florida counties that have not file claims yet.

Now remember just because the BP settlement does not cover the county or state you live in, does not mean you cannot get paid by BP. It just means you have to prove that the oil spill caused your losses and that you had losses.

For the Gulf Coast Counties you just have to prove your loss, the cause being the oil spill does not have to be proven anymore in most cases. Specially related to tourism and seafood harvesting, processing and selling.

Loss Of Food From The Ocean Claims

These claims are called Loss of Subsistence Claims, this is where you would use part of your catch as the food you put on the table for your family. This would generally apply to fishermen that used part of their catch as bartering or food for their family. The max amount that can be claimed in the settlement is $10,000 but there might be some people with this claim that can come in. It just want documentation that would be needed to prove this claim that will be the tricky part. Most likely the claim will only be available for commercial fishermen but we will have to see in the final version what people will be able to claim.

Again if you have already taken a final payment there is nothing you can do right now in the BP settlement you are excluded from it at this moment no mater how unfair your quick pay or final payment was. Does not mean this will not change but for right now it is this way.

Seafood Claims Might Get A Much Better Deal

I have been telling people on my website www.bpsettlement.co that people in the seafood and tourist industry would be getting 3.5 times their 2010 losses. Well after thinking more about it and asking more questions there might be some corrections that needs to be made to this statement and here is why.

Shrimpers, crabbers and oystermen where getting 4 times their 2010 losses, should they now only get 3.5 time ? I think the answer to that question is no. I also think the Seafood claims settlement that is capped at 2.3 billion dollars is part of the answer to this question.

In my mind it could go one of two ways.

First the payout for the seafood harvesters and processors could be very high maybe 6-7 times 2010 loss, maybe even higher. Or they could realize the problem they have with the Quick Pays in the seafood industry and say no matter what compensation you have gotten before if you are in the seafood industry we will take a look at your claim again and give you a better deal than what the GCCF gave you.

If they truly want to benefit as many people as possible they go with the second option and take all seafood fishermen, oystermen, crabbers that took little money and give them a fair settlement. Not something they have to do but it would be the right thing to do.

If they did that it would make sense that there is a cap of 2.3 billion dollars on the settlement amount, but it would mean the higher seafood claims would probably not be paid at 3.5 times 2010 losses and they would opt out and take their chances with the courts.

What To Do While Waiting On The Final BP Settlement

So we are all waiting on the Final Settlement paperwork so we can see exactly how a claim is going to be calculated and what kind of documents needs to be filed with the claims fund. Also we are waiting to see who is eligible for the settlement. What we are doing while we are waiting for this is working everybody up so we can see what possible settlement number they are getting when the settlement starts. What you should be doing is make sure that you have an attorney, make sure the attorney or the CPA that works for the attorney has all the documentation they have been asking for. If you don’t have some documentation tell them. But supply what you have to them and talk to them to make sure they have everything.

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As I talked about in the post last week the BP claims settlement with the attorneys are very close, if you missed this post go down below this post and see what I expect as new multipliers for people with legitimate claims.

If you have an attorney already or you are with Brent Coon & Associates as most people reading this blog are, you are set and your settlement will go though the attorney steering committee when the settlement is announced.

If you are still not represented by an attorney its time to get in on this an request the representation of Brent Coon & Associates fill out the form on the right hand side of this page. After you have filled out the form you will be taken to the request for representation page for Brent Coon & Associate.

Its very important for your claim and for Brent Coon & Associates to take your case that you can prove your losses. Its also very important that you can tie those losses to the BP oil spill, and not just a case of the general economy.

If you have a legitimate claim and if you have not been helped by the GCCF or even been denied by the GCCF, we want to see your BP claim.

Smoking Gun Before the BP Claims Trial Guarantees settlement

The worst thing that could happen to BP would be a finding of gross negligence this could cost BP over 50 Billion dollars and could introduce punitive damages for many of the BP claims today with the attorneys.

So the smoking gun was the phone call that came from Donald Vidrine, the senior BP manager on the Deepwater Horizon rig on April 20, 2010, he talked with an engineer about unsatisfactory well tests less than an hour before an explosion killed 11 workers on the rig.

Donald Vidrine nor the engineer did anything about these unsatisfactory well tests and this negligence then caused the biggest oil spill in US history. This is central to the case and to much of a gamble for BP to risk it all at trial.

BP Claims Settlement Should Give Real Money To The Victims NOW!

This BP Claims settlement that the attorneys are negotiating right now will give real money to the victims of the BP oil spill and it will give people and business money in a timely manner.

It will make the multipliers higher and it will give people that live off the water a possible bonus payment as these people could possible have gotten punitive damages at trial.

So what can we predict about this BP Claims settlement ? First off it will be much better numbers than what GCCF are going out with to people. Why ? Well because the attorneys have to get a better settlement than what can be had though the GCCF or they would go to trial with every single case and get the money at trial.

What do you need to do to be part of this settlement ? First you have to be represented by an Attorney. If you are not with an attorney today get with one now as this thing will go down in the next 7 days.

How fast will money be paid out ? First off if you have a case that has already been worked up by a CPA or claims processor for the attorneys the money could come very quickly. Like within 30 days of this settlement. If you have not presented proof of your losses yet to the attorneys this needs to be done first before you can get your BP claims settlement payment.

No more GCCF bullshit and no more denials on fake grounds and playing games with a low ball offer.

If this settlement get put in place, the GCCF will have to follow the numbers of the attorneys settlements or they will be out of business.

What Should You Do Now ?

If you are already with an Attorney make sure that he has worked up your case, make sure that you have provided documentation for you case so he can work it up.

The number one thing we are missing are for business and individuals to send in their paperwork to get their case worked up.

If you are still not represented by an attorney or if you have had somebody else work up your case for you that are not an attorney you need to move your case over to an attorney NOW.

If you have followed this blog for a while we provide attorneys and you can sign up by filling out the form on the right hand side of this page.

When Will We Know About This BP Claims Settlement ?

If we get the BP Claims Settlement that we are hoping for it will be in the next 7 days, so we are very close and there is no time to waist right now in getting this done.

You can file you claim with BP for the next year but as you want your claim paid off as soon as possible getting in on this now is important. Keep an eye on this blog my next post will be about the BP Claims settlement and its structure.

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Shrimpers and Crab Harvesters Gets More Money

BP claims for shrimpers and Crab harvesters that has already been paid for a full final payment by the GCCF double the money. You read that correctly. If you have already gotten paid by the GCCF sign off on the release not to sue, you are now entitled to double the amount of money.

When you where paid the first time they gave you 2 times 2010 losses. Now you can get 4 times 2010 losses.

So sign up now on the form to the right and we will get you the double up payment from the GCCF.

Now here is the small text that you have to read, it has to have been a final review that you took from the GCCF and you had the payment before November 30, 2011

A Quick Pay will not work . If you took a Quick Pay there is nothing we can do for you at this time. Stay tuned however it might change.

So all shrimpers and crab harvesters sign up now and get 4 times your 2010 losses. If you have already been paid 2 times, let us get you double up now

BP Settlement In February 2012

The big question now is what will happen on the 26 of February 2012, is it going to be a settlement for only the environmental claims that the government has against BP or will it be a global BP claims settlement where also the economical BP claims cases will be settled ?

It still not to late to join in on these settlements if they are about to happen, but time is getting close to running out as the trial is 20 days away.

Government Settlement Or Also Individual BP Claims Cases?

The reason why this is so unsure is because of all the talks going on right now behind closed doors, the government are for sure in settlement talk with BP on getting out of criminal charges surrounding the BP disaster and their case should almost for certain settle before the trial date of February 26 2012. Now the attorneys that I talk to are saying they don’t care if the government settles before trial as they will still go to trial on their economical cases. That is around 100,000 cases right now and again I don’t see why BP would want to get the bad press on a trial setting for these case and not just settle them out. This is still a big question mark however what will happen, but we are getting very close to the trial date and something is fixing to happen.

Vessel Of Opportunity (VOO) Cases

The court has now ordered settlement talks between the attorneys and BP on these batch of cases. The VOO cases will go to mediation talks on February 13 and February 16. What will happen is 6 different cases represented by attorneys will be mediated and an a settlement offer will be put on each of the 6 cases. The 6 cases are different in nature, example one would be for the “Stand By Pay” and one would be for the “No decontamination of the boat” and so on and so on. If mediation goes as planed we will get 6 different types of settlements to offer VOO boat owners for their VOO claims against BP. The funny thing with these BP claims are that BP says that they should be paid by the GCCF but the GCCF says they cannot pay them as they are contractual disputes and has nothing to do with the Oil Pollution Act and the BP claims that they are paying.

Again the settlement date on this is just around the corner, you have to be represented by an attorney in these talks and the window is closing on getting in on this. Please fill out a form if you are a VOO boat owner and get in on this settlement.

BP Claims Deadline And Documentation

There are a lot of things that are getting very close in this litigation as the Judge Barbier in Louisiana is pushing both parties to get ready for trial. I am therefor telling everybody that deadlines are getting close if you want to be in on this wave of settlements or filings. That does however not mean that the statue (deadline) for filing a BP claim is running out. The dead line for filing a BP claim is still August 2013 or 3 years after the Oil stop flowing from the BP oil weel in the gulf of Mexico. So if you are waiting to file your claim then that would be your deadline. There could be many reason for waiting to file including the point of business not knowing what the future holds and wanting to wait with the filling.

BP Claims document that has to be submitted with your claim. This point is very important, if you are filing a claim and looking for a positive outcome from a settlement with the GCCF or BP. You have to provide all the documentation that supports your claim of loss of income or loss of business profit. Some people don’t have all the documentation that the attorneys are asking for but in that situation give them what you have and then talk to them about the documentation that you don’t have.

I am not saying its right not to pay taxes but the truth of the matter is that many people along the coast for one reason or another do not pay much taxes. This is something you would just talk to your attorney about or the accountant that is preparing your claim. There are other ways to estimate your losses than tax returns. You can show fish tickets, or log books, or bank accounts etc. Talk to them be open with them as they are your attorneys of what is going on and they will help you with what you need to give them.

BP Claims For Business On The Rise

As many business owners first now understand the full impact of the BP oil spill their filings of BP claims are on the rise and we see that trend very clearly. Its not hard to understand why a business owner will get his paperwork from a CPA a while after and the impact is not felt before now. For all these business owners we are ready to help you get paid and if your paperwork is in place (it normally is) the BP claims process are very fast. Fill out a form and we will get started on your BP business claim.

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