BP Settlement News
It seems as if BP will try just about anything to stop paying out BP Claims. Their new full-page ads in The Wall Street Journal and New York Times are stating that many lawyers and claimants whose losses are not spill-related are benefiting from the settlement.
Establishing the new “BP Fraud-Hotline” is another scare tactic the company is using to deter claimants from filing. This hotline is for “people that want to do the right thing by reporting fraud or corruption” in any step of the claims filing process. Even though many believe the monkey business that was going on behind the scenes of the settlement was an isolated incident, BP is trying to scare people away from filing claims with the threat of being found guilty of fraud.
The Truth behind the BP Settlement
The truth of the matter is that BP AGREED to this court supervised settlement. THEY set up the guidelines and parameters. THEY established the affected “Economic Loss Zones” and determined the percent of decline and incline in revenue needed to prove the claimant’s causation.
Their negligence and greed caused the biggest oil spill disaster in history, they should be held accountable, and they should certainly be held accountable to pay the qualifying claims under the settlement they AGREED to.
BP’s tactic is delay, deny, and defend.
They delay BP Claim payment with incompleteness notices, document investigation processes, and appeals.
They deny BP Claims when they are missing one piece of documentation that is not accounted for.
They defend themselves by continually asking the courts to stall payments so they can keep gaining interest on the remaining amount left in the settlement.
They’ve asked to exclude certain industries from the settlement numerous times.
The fact of the matter is BP agreed to the terms of the Court Supervised Settlement. It was written to pay BP Claims which meet certain guidelines, and to exclude certain entities as well. Thus far, their efforts to change the guidelines of the settlement have been unsuccessful. They cannot rewrite the settlement they agreed to. If they are somehow able to change the settlement in their favor, something needs to be done for those that lost everything but were outside of a zone, or those who took quick pays for much less than they deserved when they had no other choice.
BPClaims.org is here to help with your BP Settlement
We are on your side. We fight for the people of the gulf. We know what BP is doing, and that they are trying to paint themselves to be the victims of fraudulent claims. Their greed and negligence took 11 lives in 2010. Who were the victims then? Who are the true victims? So many have lost their livelihood and health because of this disaster. BP is just a big corporation trying to keep their money in their pockets
By: W.C. Bohack