Posted: Aug 18, 2010 4:46 PM
Updated: Aug 18, 2010 4:50 PM
Source: Associated Press
The man who takes over the Gulf oil spill claims process on Monday says spill victims won't have to submit new documentation if they have a claim pending, but they must submit new applications.
Ken Feinberg said Wednesday in suburban New Orleans that the new application can be filed online or at one of 35 claims offices in the Gulf region. Feinberg says a new application is needed to facilitate quick, emergency payments while long-term damages are determined.
Feinberg says emergency money will be available quickly for those with documented claims: in 48 hours for individuals; seven days for businesses. Those accepting the initial emergency payments won't give up the right to sue BP. Those who accept final, long-term payments will forfeit the right to sue.