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Gulf Coast Claims Facility Important Facts

By Findul Subscribe to RSS | February 3rd 2012 | Views:
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The Gulf Cost Claims Facility is basically the “right hand” of the BP, because it is an organization which has been set up to help distributing the available funds to the individuals and business owners who filed BP claims. In the beginning, everything seemed to run nice ands smooth; later however it became quite obvious that the GCCF does everything it stays in its power to delay and deny as many claims as possible. Moreover, ever since distribution of the funds started around 18 months ago, the GCCF has distributed only 5.5 billion dollars out of the 20 billion dollars fund available. The question is now which is the true role of the GCCF?

- To help the BP save as many costs as possible?

- Or to rather help the victims of the disaster get the compensation that they are entitled to?

It seems the first variant is most likely applicable…The gulf coast claims facility is clearly not playing a fair game, and there are so many other important facts that should be considered in regards with the GCCF:

- The organization has been ruled by a federal court as not being independent of the BP. The organization should act “impartially” and “neutrally” and do everything possible to offer people in distress the compensation they deserve. Instead, the organization helps the BP keep its good name on the stock markets by making their quarterly earning reports look good- this is made possible by paying out only the less significant gccf claims…

- The BP actually pays a lot of money the GCCF team of experts, because they are doing a perfect job in playing the “delay and deny” game so well. In the beginning the BP was paying the organization with $850,000 per month, while now they raised the reward to 1.2 million dollars.

- The Government itself has reported that the GCCF lacks transparency in solutioning these cases. The organization is regarded as a dubious one, which makes indeed everything possible to drag its feet on the claims payment issue.

If you are an individual or a business owner struggling with a delayed, denied or rejected gccf claim, you should keep in mind that there exists proper salvation. There have been many GCCF help centers set up with man role of helping victims of the disaster recuperate their loses from the BP. Make sure to contact such a team of attorneys and other legal experts in order to have a chance to fair compensation from the main culprits of the disaster.

Findul - About Author:
The best way of filing gccf claims is allowing the help of attorneys. If you need to file a lawsuit against the gccf you will need a complete documents to present to the attorney.

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