Read an article about us in The Houston Chronicle — >> Read It! <<

BP Oil Spill Settlement Claims for Business Owners

The $7.8 Billion BP Deepwater Horizon oil spill settlement amount will be used to pay Gulf Coast business owners. Over the last year and a half BP claims for business owners were ignored by the Gulf Coast Claims Facility. Many business owners rightly felt that their BP claims was never going to be paid because the GCCF fund paid the less significant claims first. We believe a fairer system is in place now and we are confident that significant recoveries can finally be obtained for business owners.

We focus on helping people with BP claims in the following areas:

BP Claims for Condominium Owners

Condominium owners have lost income because they cannot rent out their properties. The BP oil spill has caused damage to the property and people are not interested in renting. The damage to their property has caused the property value to be reduced. BP claims for condominium owners were not paid by the Gulf Coast Claims Facility and they are in desperate need of this money because of the loss of income the BP oil spill has caused. We can help. Complete form online to get started.

BP Claims for Hotels

Few people filing BP Settlement Claims for hotels received money from the $20 billion GCCF fund. Due to the loss in tourism from the BP oil spill. BP claims for hotels should be filed in federal court. The reason for the reduction in tourism is the property and environmental damage from the spilled oil has completely discouraged people from vacationing along the gulf coast. Prior to the April 20, 2010 incident, tourism supplied most of the income to the gulf coast area. Without an interest from vacationers to enjoy the once clean beaches, hotels cannot remain in business. Hotel owners are one of the hardest hit business owners affected by the BP oil spill.

BP Claims for Property Owners / BP Claims for Property Value Loss

Real estate brokers who lost commissions and rentals because no one wants to vacation on oil damaged property are among thousands filing BP claims for property owners. The majority of BP claims for property owners are being filed in Florida. Perhaps the most difficult aspect for these property owners is that they cannot sell their properties either. So BP claims for property owners that aren't being paid are leaving these people in a trepid position. Their bills are piling up without income from their business property because they cannot convince tourists that the oil is gone.

Property owners are also filing BP claims for property value loss because the BP oil spill has caused their property value to diminish significantly. This is the main reason sale of the properties is so difficult, or even impossible. If these property owners were to sell the homes at what they are currently valued, a tremendous amount of money would be lost.

Before the oil spill funds that are being set aside in federal court run out, contact an oil spill attorney who knows BP's tactics inside and out and can help you recover, fill out the form.

Comments are closed.