Gulf Coast Claims Facility - Pensacola Fishing Forum

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Old 01-05-2011, 10:16 AM   #1
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Default Gulf Coast Claims Facility

Does anyone know what formula or methodology the claims facility is using? This is for the interim or final claim amount.
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Old 01-05-2011, 10:37 AM   #2
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It would seem that there is no method to this madness, but the interim is a claim made for losses up until a certain date (no future losses), and the final, is supposed to be 5k for individual claims, and 25k for businesses. Any funds collected to date I believe will be deducted from the 5k or 25k final claim. There is a meeting at Oriole Beach Elementary tomorrow eve at 6 pm encouraging people that were initially turned down to show to ask questions and possibly get some help. Hope this info is of some assistance. Tom
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Old 01-05-2011, 11:50 AM   #3
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If you visit the website, www.gulfcoastclaimsfacility.com, click on the "Important Notices and Information" tab, scroll down and click on "Explanation of Claim Payments." This will provide a generic run down of what they are looking for and how they are interpreting/calculating the payments.

The $5K for individuals, and the $25 for businesses, is the QUICK PAYMENT, cut-and-run amount being offered to those parties who were approved for an Emergency Payment. No questions asked, just sign on the line saying you'll never sue, and we'll cut you a check ON TOP OF what we already sent you. Going the Final Review direction (not Quick Payment) will deduct the previously sent amount from their final offer.

I know it sounds silly... but a word of wisdom for those who got denied on round one and are working to submit your final claim: make sure you SPELL OUT the trickle effect of how your business/personal income was hurt (i.e. the Oil Spill caused x which caused y which led to z). Also, for FUTURE damages... go online and find articles, reports, etc. on the future impact of the Spill on the Gulf (posts on .gov sites are best, followed by media speculations). We have a pile of over forty underlined articles questioning the future impact of the Spill on the fishing industry... thus the boat industry... thus the boat trailer industry.

We were approved for an Emergency 6-month claim for a business. Granted, they sent us less than half what we asked for. We will not be joining the QUICK payment ranks, but will submit a full review final claim.

Good luck to you all!
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Old 01-07-2011, 02:23 AM   #4
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Quote:
Originally Posted by hardyboy View Post
If you visit the website, www.gulfcoastclaimsfacility.com, click on the "Important Notices and Information" tab, scroll down and click on "Explanation of Claim Payments." This will provide a generic run down of what they are looking for and how they are interpreting/calculating the payments.





l!
That is just a "run down" of the last "emergency payment phase" etc.. There is more info re: the latest protocols under the FAQ but no basic idea how to calculate for "Final Overview" and future damages, as we see tarballs allover the coast the past week rest assured this year will be shit for tourism and gulf seafood industry..You can bet around the 1 year anniversary (if u can call it that..) it will be all over the national news and internet so people will just not book those condos or charters...They will however still eat at waffle house and ride horses in Beulah.

The "quick final payment" is such a crock someone should be slapped......how is it a local cook , who works by the hour miles from the coast, no hours cut all year,gets 40 hour weeks like all the other cooks in town manages to get him a $2500 emergency payment for losses....Then is offered $5000 to settle via "Quick Claim" and not sue, how is it this guy is offered the same "Final quick pay" scale as a very active boat captain who received a $50000 dollar claim.

Sames for businesses "Joes Asphalt" receives 30k emergency payment for a first year business that maybe grossed 8k, gets offered the same "Quick Pay" (25000$) as an established business of 30 years that grosses over 1 million.BS
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Old 01-13-2011, 11:15 AM   #5
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I read in the Mobile Register 2 days ago that Mr. Feinberg will allow local, state and federal officials as well as seafood associations and other business groups see his formula of how he is going to pay out interim and final claims. WTF!!!!!!!!! Why doesn't he publicy announce his formula? Let me know your thoughts.
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Old 01-13-2011, 12:35 PM   #6
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yea we don't need any more government like cover up crap, Bp was doing a fine job of handling before these guys stepped up..
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Old 01-13-2011, 02:23 PM   #7
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BP is great, they sponsor my race car!! LMAO.
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