Confirmed Yesterday with claims administrator Patrick Juneau that the first check have gone out to people accepting their offers from the Deepwater Horizon Settlements, two weeks ago we reported that we had seen the first 4 offers come in. We saw 3 VOO claims beeing offered $66,000 each and 1 real estate claim being offered 25k. Not all could accept these offers only because of the implication of accepting an offer would have on your other claim. So the way it works is like this. If you accept your VoO money then you have to take your business economical claim though the settlement process also. You cannot choose to accept VoO but reject the economical claim for your charter fishing business. Its all or nothing in this one.
The people that could not accept their offers are patiently waiting for their economical claim to be processed and to see an offer on it before accepting their VoO claim.
How Long Should I Wait For My Settlement Offer ?
The next deadline comes on October 1 2012, where you have to opt out of the settlement or forever be stuck in the Deepwater Settlement. You might ask why this opt out is so important, and here is the answer. If you don’t opt out before October 1 2012 you are stuck with what ever they offer you. It could be you think the court settlement is going to be fair and you opt to stay in and find out, but just remember if you do that there is no recourse if its not fair. There is no suing BP if the settlement is not fair to you.
Right now they are processing about 11,500 claims out of 46,000 claims that has been submitted. Its not to late to submit your personal or business claim to the settlement, but I would advice you to seek an attorney to do it for you as the claims process is a real jungle. You want to make sure that everything is done correct on your claim for best results. If you are afraid that the attorneys will opt out your claim on October 1 2012, you should be, but its always your decision in the end on what you want to do, just remember to listen to their advice as they do know what they are doing.
Getting An Attorney To Represent You
The attorneys all work on a contingency basis so you will not pay them anything before you get your money, so its free to contact and attorney and to sign up with them. In the contract you sign the attorneys get paid 25% off what you get in the settlement. They will wait to take their payment for the work they perform until you get your money. So let them do the hard work up front, give them all the documents they require and then wait for the settlement office to send you a settlement offer. This way your legal rights are protected by the lawyers and they will try and get you as much as possible with all the different claims out there. Fill out the red form and you will hear from an attorney today.
The most important thing for you to do after you sign up with an attorney is to tell them your address of your employer so they can see what zone you are in if its a personal claim, and to give them W2 for the years 2009, 2010.
Help your attorney with the paperwork that they need from you will get you a settlement offer the fastest.
Quick-Pay Releases Updates
I have found one law firm that will take a look at individual releases from Shrimpers, oystermen, commercial fishermen, crabers and anybody in the seafood industry. This means if you have sign a final release or a quick pay with the GCCF and you are in the seafood industry, you should fill out a claims form now and I will get you in touch with the law firm to handle your lawsuit against BP to change your final release and hopefully get you more money. This offer is only for people in the seafood industry, mostly seafood harvesters will have the best chance to be considered for this lawsuit. Please fill out a claim and give me as much detail as possible.
Example: I am a shrimper and they gave me $5,000 to sign a release. Please fill out the red form on this website now.
Anybody else not in the seafood harvesting business please do not fill out forms yet as there is nothing I can do for you guys right now.