BP Settlement Will Add 100 New Accountants

After a month of negative press for the settlement they finally are doing something about it. We learned Yesterday from court filings that BP has agreed to relax some documentation requirements and today we have learned from insiders that patrick-juneau has approved the hiring of 100 new accountants to get the claims process moving. My response to all this is better late than never but Damn why did it have to take 4 month to figure this out. They knew what was going on at the GCCF and they told the judge that they would be able to do a better job. Well to date we have not seen it.

If we get 100 new accounts to process claims will this be enough ? From the latest statistics we are seeing over 50% of all claims that are being processed are coming back as deficient because people are trying to do the submission process themself and not using a lawyer for it. I understand that you want to save the 25% to the lawyer, but you are also coming up against a hard deadline of November 1 2012. If you do not get an offer by then you will have to get an attorney.

Why not sign up with an attorney now so he can process and submit your claim correctly to the BP settlement and hopefully you will get an offer back before the opt out date. Submit a form on this page to talk to an attorney screen by me to handle your settlement.

Business With Losses in 2011 and 2012

Lots of seafood harvesters and processors and not seeing their true losses from the BP oil spill until 2011 and 2012 because of the time it takes for the shrimp, crab and oyster population to disappeared. These losses are not covered in the BP settlement and individual and business that are seeing continued losses in 2011 and 2012 needs to opt out of the settlement now and contact us via the form for an attorney to handle the OPA process and submission. The opt out and OPA presentment is what would go before a trial setting by the judge. This process has to be handled by an attorney and by opting out now the attorney will have time to work up your case and get it in before the January 19 2013 OPA deadline. In OPA your losses from the BP oil spill is covered for 3 years from the date of the fix to the oil spill. I think it was sometime in August 2010 before they got the oil spill stopped, but that is how long you have for them to compensate your loses.

No Individual Claims Paid To Date

The last stats from the Deepwater Horizon Settlements show no individuals have been paid yet on the BP settlement. Why this is I have no idea, but its very important that you get all your documents and your forms submitted correctly to have a chance at getting paid this year. Again I cannot stress enough how important an attorney is for you in this situation to get you stuff submitted correctly and fully. We have been working with these attorneys for 2 years now and they know what they are doing. They have submitted thousand of claims to the Deepwater settlement and they can now process your claim in a week if you provide them all documentation they request. Get the right documentation to them is the important part. They will guide you in what is needed but you still have to do your job and get them all that you have available to submit.

What you should do next

Get all your paperwork in order, find your 2009 and 2010 tax returns to start with. If you don’t have them what about w2′s for individuals. For business we need the P/L statements for 2009 and 2010 to get started. Then contact the attorneys on the form to the right and talk to them about other documents you might need for your case. Fill out the form on the right hand side and get started today. If for nothing else so you can opt out , if it does not start to produce some payments. Remember if you do nothing you will stay in the settlement and you wave your right to sue BP and accept what ever offer the settlement give you.

BP VOO Claims