BP claims: Get paid ‘quick’ if you don’t sue

People and businesses impacted by the BP Gulf Coast oil spill will now be able to receive a check almost immediately, so long as they give up their right to sue.

Gulf Coast Claims Facility Administrator Kenneth R. Feinberg announced the new “quick pay” program on Monday. Individuals can get $5,000 and businesses can get $25,000 without submitting any further documentation. However, a full release to waive the right to sue is required.

The “quick pay” program is available to the 166,000 individuals and businesses who have already received an emergency payment from the Gulf Coast Claims Facility, the independent organization in charge of the claims process. Claimants who are submitting claims for the first time or who have been denied for emergency payments are not eligible…..

click here for the full article boathistoryreport.com/news

Boating news highlight courtesy of Boat History Report

About BoatHistoryReport.com

Boat History Report began with a mission to be the leading provider of watercraft history information for buyers and sellers of used boats. With all of the risks involved in buying a used watercraft, Boat History Report aims to make the used watercraft transaction process as safe and hassle free as possible. By accessing our extensive nationwide databases through reports from BoatHistoryReport.com, buyers and sellers of used boats can be assured that their boat has a clean history.
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2 Responses to BP claims: Get paid ‘quick’ if you don’t sue

  1. Dave Stanton says:

    Nice first post, looking forward to more boating news.

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