Gulf Coast AGs Urge BP Claimants to Consult Attorneys Before Accepting Payments

Posted on Dec 20, 2010 in BP Oil Spill, Local Issues

Attorneys General in Florida, Alabama, Mississippi, and Louisiana issued statements over the weekend urging BP Claimants to consult with attorneys before accepting payments from the oil company and its representatives.

Photo Courtesy of cardozo.edu

These statements surfaced in the wake of an announcement by BP Claim Czar, Kenneth Feinberg, which indicated that claimants would now be able to accept payments in 3 forms: Interim, Final, and Quick Payments. According to this new system, claimants could accept Quick or Final Payments in order to speed up the payment process but would receive less money in the long run and would also be required to sign away their rights to sue BP in the future.

Accepting Final or Quick Payments would now mean that even if claimants suffer future damage from the Oil Spill which they are either currently unaware of or has yet to display its effects, they would be prohibited from suing BP for damages.

If you or someone you know are considering or have already filed a claim against BP, contact Bloom Legal today at 504-599-9997 to discuss the details of your claim before accepting payment from BP to make sure that you are not waiving rights or compensation which you may be entitled to.

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