BP Oil Spill Settlement

The proposed BP settlement should be good for many people that have been waiting for payout from the GCCF or for people that have been denied by the GCCF.

In the new BP settlement there are now many more categories of claims that will be paid much more than what the Gulf Coast Claims Facility (GCCF)was offering. For business in the seafood industry and for tourist business this settlement will in most cases also be something that might work better with more money on the table.

BP Settlement

Previous Denied BP Claims Submit Them Now

In the GCCF you could be denied for 2 things the first one was for failing to show causation ( that the oil spill caused your losses) and the second thing was for failing to show a loss. Most people got denied for causation and in the bp settlement if you are in tourist or seafood industry you do not need to show causation anymore (because its pretty clear what caused it duhh!)

The other thing that has changed in the BP settlement is now medical claims will be paid, we are not talking about the more serious injuries but the smaller incidents that happened forĀ  clean up workers or for local residents that where located to close to the clean up of the spill.

Real Estate Losses Also Paid In The BP Settlement

Another new category in the BP settlement is paid real estate losses. If you sold your house, condo, land that was on the water in the affected area you are entitled to compensation for your diminished sales price because of the oil spill. If your land had oil on it from the oil spill you can get compensation for that, or if clean up efforts on your land destroyed part of your land there will be compensation for that as well.

Having an attorney work up your case and present it to the settlement fund is the right way to get your claim maximized to get you the most money out of the process and to make sure that multiple claims are recognized by the settlement fund.

Seafood Harvesters Claims In BP Settlement

Probably the hardest hit group from the oil spill are seafood harvesters, that would be captains, deckhands andĀ  processors, as both the quantity and the stigma the oil spill put on the seafood has been blemished, the BP settlement will try and make it right for this group of people. It will pay more than the GCCF was paying but if its going to be enough to keep the fishing and harvesting industry going is question that will be answered in years from now. Most oyster leases are gone and many crabbers and shrimpers are already complaining about lousy catches even when they spend more hours out trying to make up for their losses. The losses in the seafood industry have been great and are getting greater for each day that goes by with out compensation for the industries losses.

On this website you can select on top in the menu bar what category of claim fits you and read about how the settlement is going to treat you. After finding out about the settlement you can fill out the form on the right and get in contact with an attorney that can handle your case.

Medical Claims Gets A New Look

All the claims we have seen over the last 2 years from especially clean up workers and VOO deckhands and captains of VOO boats are getting another look in the BP settlement. People are getting an offer for smaller medical claims that they might have had when cleaning up the oil. Also residents in the affected zones will be able to send claims in for their medical claims that has come as a result of the BP oil spill. All the people that come with claims in the settlement will also get in on the medical monitoring program, this will monitor people for the next 21 years to see what other medical problems comes from peoples exposure from the oil spill.

BP Settlement will be ready in May 2012

Get your oil spill claims in now, the BP settlement fund will open its doors in May 2012, where claims submitted by attorneys will be looked at and paid out according to the final settlement plan submitted to the judge before April 16 2012. The final BP settlement plan will contain maps, multipliers and instructions for the attorneys. This will allow the attorneys to calculate their clients claims and advice them on how to maximize their claim value by submitting claims in all categories they qualify for. Its very important that you have a qualified attorney look at your claim and advice you how to get the most money from your claim. If you are still not represented get with an attorney today by filling out the form on the right this will get you on your way to get paid from the BP Settlement .