Tag Archives: bp claim process

The Bp claim process can be extremely time consuming and involved. The Gulf Coast Claim facility is making the Bp claim process more difficult every day. We can help you with the Bp claim process.

Jul 26, 2011

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BP Claims and your Business

BP Claims and what you need for the GCCF

BP Claims

BP Claims for Business

When you are ready to file your BP Claims for your Business, be sure to have your tax records from 2008,2009,2010. If you are going to file interim BP Claims, also have profit and loss, and bank statements available. If you can get any letters or documents from canceled contracts do to the spill, that will also be helpful. The more you can document your loses the better.The BP Claims process has been grueling  for many people, the process has been inconsistent to say the least. Many business`s had to shut their doors because of the BP Oil Spill. The GCCF has made many business`s a victim twice by making it hard for them to receive their BP Claims money.

BP Claims Denied, Awaiting Documents, or Under Review

The BP Claims process has been a waiting game for many. Often you are asked for more documents only to get a deficiency letter to follow, then you are told your BP Claims are Under Review. Then when you think everything is done you find out that your BP Claims have been Denied. This has happened to countless people going through the BP Claims Process.

BP Claims Solutions

BP Claims Adjusters can help you if you have not filed a BP Claim, or if your oil spill claim is under review, or has been denied. BP Claims Adjusters will handle your claim for 15% of whatever they net for you from BP. The really interesting fact about utilizing a skilled adjuster is that they can access your records while they are at the GCCF, cure any deficiencies, and recalculate your numbers, so in essence they can streamline your BP Claims, fix whatever is wrong, all while it is at the GCCF.

If you have a difficult claim to prove it might be better for you to have an Attorney involved that specializes in the BP Claims Process. BP Claims Attorneys traditionally charge 1/3 but will lower that down to 20% for larger BP Claims.

We have assembled a BP Claims Business Team that has surpassed many clients expectations. They specialize in Business Claims that need assistance going through the BP Claims process.

Apr 29, 2011

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The GCCF Still Working Through Thousands of BP Oil Spill Claims

The GCCF & BP Claims

The one year anniversary of the Deepwater Horizon oil spill has come and gone yet the process to compensate individuals and businesses that were affected lingers on.  The GCCF run by Ken Feinberg, is still working through thousands of claims that are still under review.

GCCF Claimants

GCCFThe number of GCCF claimants to date reaches over 500,000 of which 286,490 of those have been paid out (as of April 29th). The majority of GCCF claimants have settled for the quick pay option while few others opted for the final review payout.

Time has been a factor for individuals and businesses as they’ve been forced to accept the quick pay option guaranteeing fast cash.  Many others who have held out for the final review are receiving offers equal to the quick pay option.

GCCF final review

“The final review process has been set up to favor the GCCF and BP in every imaginable way”, stated Jason Monroe a bartender in Destin, FL.

They use whatever statistics that are convenient”, added Monroe.

As the gulf region prepares for the busy summer season, many residents will be eager to put the oil spill behind them and focus on rebuilding their businesses and lives. Lets stay on the GCCF.

Apr 28, 2011

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GCCF Continues to delay Interim Claims

GCCFGCCF Claims

A little more than 10 percent of interim claims have been paid by the Gulf Coast Claims Facility (GCCF) so far. Claimants who filed for interim payments were told they would be handled in 90 days. That deadline has come and gone for many and the frustration is growing.

If you are following the claims process like we have been at BPBusinessClaims.com, then you’ve heard the countless stories of business owners that are critical of the GCCF claims process with good reason. They have been frustrated by the process and by Administrator Ken Feinberg every step of the way.

GCCF Interim Claims

Feinberg claims that he’s got 78 percent of the people paid. He may be paying individuals, yes. And he’s paying businesses that are taking a final claim, but those businesses who are taking interim payments are being put to the at the end of the line.

GCCF reaction

GCCF spokesperson Amy Weiss, said there are a couple of reasons for the delays. The first, she said, is that many people didn’t file the proper documentation. The other reason is that they have received so many GCCF Claims with the proper documentation that they’re simply behind.

If they’re that far behind, why aren’t they hiring other people? If they’re that far behind, why aren’t the people at the local GCCF claims office capable of making decisions and getting people paid?

Weiss points out that if your claim has gone over the ninety day limit, you have the right to bypass the GCCF. She went on to say that the GCCF doesn’t have the authority to deliberately hold up a claim.

ARE YOU WAITING?

If you are still waiting on an interim claim we want to hear from you. BPBusinessClaims.com can connect you with the resources to get you the money you deserve from BP and the GCCF.