Are you tired of dealing with British Petroleum and the Gulf Coast Claims Facility (GCCF)? Has your claim been denied and chiseled down by the GCCF? There may be another alternative. There is a little-known oil spill claims fund run by the United States Coast Guard (USCG). This fund, called the National Pollution Funds Center (NPFC), was created in 1990 after the Exxon Valdez oil spill to assist those that Exxon could not or did not.
NPFC and its restrictions
The federal law that created the NPFC has many restrictions. First, you have to first try and settle with the party responsible for the spill—in this case, British Petroleum and the GCCF. If the responsible party denies your claim or if you have waited over ninety days for a response, you can then apply to the NPFC. You may have your claim considered by both the GCCF and the NPFC at the same time as long as ninety days have passed since you applied to the GCCF. If you receive a settlement offer from both the NPFC and the GCCF, you may only accept one of the claims. In other words, you can’t double dip.
The National pollution center (NPFC) has money
The monies in the NPFC fund are backed by a five cent per barrel tax on oil but there is a $1 billion cap. However, if you receive a claim from the NPFC, they will eventually bill the responsible party. This way, you do not have to feel bad for taking money from the “good guys” while letting the “bad guys” off the hook. Those that have filed claims with the NPFC report that they have been satisfied with the process. A specific claims adjuster is assigned and claimants are free to call the adjuster whenever they like to check on the status of their claim. You are free to decide where to file your Deepwater Horizon oil spill claims—just make sure that you know all your options before you plan your strategy.