There's Great News for all BP settlement claimants! On March 2, 2012, a fund of $7.8 billion dollars was created by BP under court supervision of Federal Judge Carl Barbier. It's worth noting that there is NO cap placed on this amount. So if BP needs to pay more than $7.8 billion to compensate businesses and individuals who have incurred losses because of the oil spill, they are obliged to add money to the settlement fund.
Helping Business, Individuals, Property Owners, and those with Medical Problems
The new bp settlement will pay both economic loss claims to both business and individuals that were a result of the oil spill. In addition, property owners in the scat line (Property adjacent to the coast) will be entitled to additional compensation. Lastly, individuals who suffered medical problems associated with the oil spill can now recover compensation.
Obtaining Faster and Fairer BP Settlements
It has been noted that the GCCF was not an efficient way to pay claimants because the process was extremely slow and there were reports that viable claims were being unfairly denied. Under court supervision, the new BP settlement being managed by BP attorneys aims to release payments much faster and more efficiently. In addition, businesses and individuals will also receive fair offers to pay for the damages and losses incurred.
The GCCF Will Be Shut Down
The GCCF will be closed down within the next couple of months. For the best representation you will need to hire a BP Attorney who files BP lawsuits. Even if you've already filed a claim with the GCCF, our BP Attorneys and BP Lawyers can help you. Simply fill out the form for a confidential consultation at no cost whatsoever.
File Your Case Right Away
With tens of thousands of BP oil spill claims being processed and waiting to be paid, it's important to act now and get your case filed with a court in New Orleans as soon as possible. This prevents your claims from being pushed to the back of the line. Start the online process today by filling out the form to the left. Our BP lawyers will make sure that your case is filed right away and we can also maximize your recovery.
Our firm has recovered compensation on behalf of our clients. We aim to protect your case and make sure that you get a fair settlement of your BP lawsuit for the damages incurred as a result of the BP Gulf Coast Oil Spill. Complete the form below or contact us directly at 1 (800) 769-2027.