Many upset by guidelines of oil spill claims fund

Posted on August 30th, 2010 1 Comment

President Obama announced that the oil spill claims will be processed in 48 hours for individual claims and seven business days for business claims.

Many are frustrated with the application terms in order to receive payments from the $20 billion fund. Kenneth Fienberg, a Washington lawyer, is in charge of dispersing the funds and will begin to travel in the region, help people fill out the forms, and explain the terms.

The rules state that people who live and work on the water such as fishermen, crabbers, shrimpers, and people who work with oysters will be receiving payments first. Many business are upset because if they are far away from the coast, they may never receive any payment. BP has received claims from 48 states.

If you or a loved one has lost income because of the oil spill, contact the Gulf oil spill loss on income lawyers of Williams Kherkher by calling 800-821-1544 today to discuss your legal options.

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