Filing for BP Settlement Individual Claims
We help businesses and individuals affected by the Deepwater Horizon Oil Spill, who are looking for a free evaluation to see if they are eligible to file BP Settlement individual claims. For those who aren’t updated in the oil spill and the BP settlement individual claims, we will provide you with necessary information about the incident, as well as details on individual claims from the settlement.
Deepwater Horizon Oil Spill
The Oil Spill refers to the blowout that happened on April 20, 2010 in the Mexico Gulf and the BP-operated MC252 well. It is considered as one of the largest oil spill in the history of the petroleum business. Explosions and fire happened on BP’s oil rig due to the methane gas that went inside the drilling rig. Two days after the explosion, the rig sunk and oil was released, as well as other substances. Total discharge on MC252 was approximately 4.9 million barrels. A total of 126 crew were on board, and about 11 were never found after a 3-day search operation. After BP’s several tries to contain the oil spill, the well was only successfully sealed on September 19, 2010. During the 4 months of spill, massive damages happened to the marine habitat, and tremendously affected the fishing and tourism businesses.
BP Settlement Individual Claims
Due to the economic and medical damages to a wide number of companies, businesses and individuals who are near the area of the spill, two class action settlements was approved so that affected entities can file for BP Settlement Individual Claims. First is the claims settlement for Economic and Property Damages, which is approved on December 21, 2010. The second is the claims settlement for Medical Benefits, approved on January 11, 2013.
BP Settlement for Economic and Property Damages
This settlement resolves economic loss that resulted from the oil spill. Business owners can file their individual claims if they fall into one of the following categories:
1. Coastal Real Property Damage
2. Real Property Sales Loss
3. Seafood Compensation Program
4. Individual Economic Loss
5. Individual Periodic Vendor or Festival Vendor Economic Loss
6. Business Economic Loss
7. Start-up Business Economic Loss
8. Failed Business Economic Loss
9. Subsistence Loss
10. Vessel Physical Damage
11. VoO Charter Payment
12. Wetlands Real Property Damage
BP Settlement for Medical Benefits
This settlement resolves medical issues that arouse as an effect of the Deepwater Horizon Oil Spill. Individuals can file their claims if they are “clean-up” workers that reside in the US as of April 16, 2012, or if they are are residing in certain affected wetlands and beachfront areas in 2010. The settlement would provide the following benefits:
1. A compensation program for those who have are covered in a list of specified physical conditions.
2. Periodic medical consultation program.
3. An option for back-end litigation for those individuals that would have manifested physical conditions on the long run.
Is it too late to file for BP Settlement Individual Claims?
No, it is not too late to file for a claim. Fill out the form below if you want to join in the BP settlement individual claims. The form would determine if you are eligible or not and if you fall under the economic loss settlement, property owner settlement, or under the medical settlement. We can help you all throughout this ordeal and assist you the best way we can.
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