- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
June 8th Is the Bar Date for Claims in the BP Economic Loss Program
Posted on 4/1/15 at 4:08 pm
Posted on 4/1/15 at 4:08 pm
If your business has not had it's financial history analyzed for purposes of filing a claim by this date, the opportunity will be lost.
Posted on 4/1/15 at 6:48 pm to OTIS2
I've had a BEL claim pending since Dec. 2012. When the fock are they going to start PAYING again?
Posted on 4/1/15 at 9:02 pm to Jwodie
It's beginning to trickle. We've had several claims paid since November, and a large number of payment notices issued in March. Expect the pace to pick up through the year, but Policy 495 is causing carnage and confusion...as I expect was intended.
This post was edited on 4/2/15 at 7:50 am
Posted on 4/2/15 at 8:54 am to OTIS2
Only been waiting for my check for 5 years now. Funny, every other time someone owed me and I agreed to settle, I agreed to a lower amount and I got a check in 48 hours. With this deal I'm 100% guaranteed to not be made whole, and based on the S&P 500 I missed out on a 70% return on the money they owe me while they have delayed based on disputes that have no bearing on the validity or value of many of our claims.
The lawyers who negotiated this deal should be skulldragged. The BP lawyers screwed them by letting a bunch of crooks get into the class. The plaintiffs lawyers sold those of us with valid claims down the river, taking too small of a multiplier and not insisting on incentives/penalties to keep the process moving. They did a great job of lining their own pockets though.
The lawyers who negotiated this deal should be skulldragged. The BP lawyers screwed them by letting a bunch of crooks get into the class. The plaintiffs lawyers sold those of us with valid claims down the river, taking too small of a multiplier and not insisting on incentives/penalties to keep the process moving. They did a great job of lining their own pockets though.
This post was edited on 4/2/15 at 8:56 am
Posted on 4/2/15 at 10:01 am to Jwodie
we've recently had a few claims become eligible and PAID. from big to small...they are starting to trickle in...
Posted on 4/2/15 at 10:19 am to specchaser
Good to hear. I literally have ONE claim that I handled for a family friend, which turned out to be a BEL claim. I submitted the claim in Nov./Dec. 2012 and have gotten nothing but the runaround in the interim, obviously due to the unending legal battles.
I'd take anything on it at this point...
Is there any particular point of contact with whom I can speak to get a status update? (Aside from the assigned contact person who has been worthless.)
I'd take anything on it at this point...
Is there any particular point of contact with whom I can speak to get a status update? (Aside from the assigned contact person who has been worthless.)
This post was edited on 4/2/15 at 10:20 am
Posted on 4/2/15 at 12:43 pm to Jwodie
They made me a settlement offer in September of 2013 but they somehow screwed up and missed half the payroll info we submitted making the offer about 35% of what I am owed. After going back through all that crap with them the next round of appeals started and everything stopped for about a year.
They came back in Jan of this year with all of the same questions we ironed out in 2013 to get to the initial settlement offer. I literally have copies of signed and dated forms from 2 years ago that they have on file, and they sent me blank versions of them 2 years later asking me to fill them out again. Biggest f*cking goat roping I've ever seen.
I have a W-2 from the baseline year and a W2 from the spill year showing a $90,000 difference in commissions. Its criminal that after 5 years I'm still riding this merry-go-round of incompetence and stupidity. I hope those dirty brits lose every penny they have getting raped in the US courts.
They came back in Jan of this year with all of the same questions we ironed out in 2013 to get to the initial settlement offer. I literally have copies of signed and dated forms from 2 years ago that they have on file, and they sent me blank versions of them 2 years later asking me to fill them out again. Biggest f*cking goat roping I've ever seen.
I have a W-2 from the baseline year and a W2 from the spill year showing a $90,000 difference in commissions. Its criminal that after 5 years I'm still riding this merry-go-round of incompetence and stupidity. I hope those dirty brits lose every penny they have getting raped in the US courts.
Posted on 4/2/15 at 2:57 pm to OTIS2
quote:
If your business has not had it's financial history analyzed for purposes of filing a claim by this date, the opportunity will be lost
ehh... they will find a way to reopen it and keep screwing BP
Posted on 4/2/15 at 5:30 pm to tes fou
quote:
tes fou
That sounds miserable, especially given it appears you're a claimant. I had to deal with something similar in that at some point in 2013 BP came back with an "insufficient notice" that I had to address and re-submit. Of course the claim status update has been saying "In accountant review awaiting an accountant to review" for more than a year since.
Posted on 4/2/15 at 6:14 pm to tes fou
Yet, I have a client that lives on a waterway that is pretty far inland, and he got a check for like 19K, and his only damage was that he couldn't go fishing for a while.
Posted on 4/7/15 at 4:09 pm to OTIS2
Can anyone recommend a CPA, attorney, etc. that I is assisting with filing these claims. How much do they charge?
Posted on 4/7/15 at 6:02 pm to Huckleberry Jesus
You'll be charged a percentage of the recovery if one is made. Maximum fee is 25%, but you should get the work done for 20%. Call your CPA for a referral.
Popular
Back to top
Follow TigerDroppings for LSU Football News