States try to help their Gulf regions after spill

States that have a Gulf area that has been affected by the oil spill can work to help the regions return to their normal state in many ways.

For example, the states can help make sure that the oil is being properly disposed of. Louisiana has a solid waste plan that was put into motion after Hurricane Katrina and is being used similarly now.

Officials in Gulf states have said that landfills that were supposed to last for multiple years are filling up rather quickly. Another issue that state officials can help with is to support constituents that received property damage after the spill and help them to receive the proper reimbursement.

If you or a loved one has received property damage after the Gulf oil spill, you need experienced representation on your side. Contact the Gulf oil spill property damage lawyers of Williams Kherkher by calling 800-821-1544 today to discuss your legal options.

Kenneth Fienberg discusses BP damage claim payments

Kenneth Feinberg, the lawyer who ran the compensation fund for victims of September 11, is now the lawyer in charge dispersing Gulf Oil spill funds. Feinberg said that this case will be much more difficult.

Feinberg met with the House of Representatives Committee on Small Business and told them that even with the $20 billion fund, it will not be enough to pay all of the claims needed. The indirect damage claims are what he says will be the most challenging to pay out.

For example, a hotel that did not receive physical damage, but the oil spill lead to loss in tourism causing them to lose revenue. Judging damages to real estate will be hard to determine because being compensated for loss of property value is hard to measure.

If you or a loved one has suffered property damage from the oil spill, contact the Gulf Oil spill property damage lawyers of Williams Kherkher by calling 800-821-1544.

Oil spill claims against BP arrive quickly

Claims against British Petroleum after the Gulf oil spill are coming in quicker than BP can pay. These figures were found after a consulting firm hired by Louisiana began to track BP’s claims and payments.

During the month of June, claims jumped from 30,000 to 85,000 and were coming 2.5 times quicker than BP could pay them out. The group also mentioned that BP has added 451 new claims adjusters to keep up with the influx of claims.

The average daily payout that BP is seeing is $2 million a day. This rose to $11 million a day during the middle of the month and then was back down again by the end of June. Louisiana hired this group to track the payments because they wanted to make sure that people were getting their money as soon as possible.

If you or a loved one has had property damage due to the oil spill, contact the Gulf oil spill property damage lawyers of Williams Kherkher by calling 800-821-1544.

BP claims payments may be taxed

People who are victims of the Gulf of Mexico disaster will be taxed on the money received from BP when taxes are due. The money will be taxed by the IRS as if it were normal income.

According to officials, BP has written 34,400 checks totaling $111.2 million for claims that have been filed. A Louisiana Representative announced a bill last week that would allow for the money from BP to be tax exempt because he said that the victims in his state will be stretching the money enough without having to worry about saving money for taxes.

BP has also announced that they will have a hot line on July 17 for questions about how the IRS will handle the payments.

If you or a loved one has suffered property loss from the oil spill, contact the Gulf Oil Spill property damage lawyers of Williams Kherkher by calling 800-821-1544.

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