Gulf coast Facility Claims: BP Oil Spill Claims Process

The BP oil spill, which occurred on April 20th, 2010 off the Gulf Coast of the United States, is one of the worst ecological disasters that the U.S. has ever seen. The oil spill affected a number of areas along theĀ Gulf Coast, starting fromĀ Florida and reaching as far as Texas andĀ Louisiana. As a result thousands of individuals have filedĀ BP claimsĀ to compensate for loss of revenue from restaurants, beaches, charter boats, lodging facilities and more.

After the incident, the US Coast Guard assigned BP to be the responsible party in accordance with the Oil Pollution Act of 1990 and in June 2010 the White House set up theĀ Gulf Coast Claims Facility to act on behalf of BP. This Claims Facility was designed to accept, review and settle (where possible) the Gulf Coast Facility claims that were filed by the lost property owners. Furthermore a $20 billion compensation fund was established by BP and Kenneth R. Feinberg was appointed as administrator of theĀ Gulf Coast Claims Facility.

BP Oil Spill Claims Process

Initially, all the claims were to be filed no later than 90 days after the incident, or by August 23, 2010. However, in December 2010, Kenneth R. Feinberg announced a second phase of the compensation program for BP oil spill victims.

The initial phase was designed to compensate victims for emergency damages until they could assess the full impact the spill had on their livelihood. Ā The second phase is designed to focus on final payments. The procedure of filingĀ Gulf Coast Facility claims remains free of charge.

Who is entitled to Financial Compensation Ā for Damages and Losses associated with the BP Oil Spill and what does the procedure of FilingĀ GCCF claims involve?

All businesses and individuals, claims BP, whose property was damaged or destroyed as a result of the Gulf of Mexico oil spill are entitled to file for compensation. These claims can include:Ā loss of earnings or profits, loss of subsistence use of natural resources, removal and clean up costs, damage to real or personal property and physical injury or death.

In order to fileĀ Gulf Coast Facility claims, claimants are required to fill out special GCCF claims form (either via the Internet or in person) and submit the supporting documentation, confirming all BP oil spill related damages. On completion of the procedure claimants are given a personal GCCF Claimant Identification Number.

Gulf Coast Attorneys Legal Help

Itā€™s important to remember that the role Kenneth R. Feinberg and the GCCF is to administer the compensation fund only. The GCCF is not responsible for providing legal advice to the claimants or for representing them in theĀ BP oil spill claims process. This is why claimants are entitled to consult professional attorneys before adopting any decision concerning theirĀ claims (BP) and their settlement.

If a claimant is represented by his/her own attorney, the Gulf Coast Claims Facility will deal directly with this attorney, not with the claimant. Therefore yourĀ Gulf Coast lawyer will be responsible for submitting the claim on your behalf.

Over 400,000Ā claims have already been filed and around 60,000 of them have been denied. If you are one of the claimants, whose claims have been rejected by theĀ Gulf Claims Facility, we will assist you in resubmitting the denied claims successfully.

Parker Waichman LLP and its partner law firms are experienced in handling these cases and at present, we are working hard to settleĀ BP rental claims or damaged property claims filed by over 600 real property owners. The GCCF and Mr. Feinberg intend to break off the negotiations by the end of February 2011.

If you or someone you know has lost your rental income or property because of the BP oil spill, then Parker Waichman LLP can offer legal assistance. Please fill out our online form, or call 1 800 LAW INFO (1-800-529-4636) to discuss your case with one of ourĀ Gulf Coast attorneys today.