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Tampa Business BP Oil Spill Claims Explained

On Behalf of | Sep 13, 2013 | FCM Law In The News

Tampa Florida (PRWEB) September 14, 2013

Tampa attorney Frank Charles Miranda, P.A. issued a guide to business owners across Tampa, St. Petersburg and Clearwater explaining Tampa business BP oil spill claims.

The office of Frank Charles Miranda, P.A. explained that more than 172,000 individuals and businesses have filed oil spill claims against BP over its 2010 Gulf of Mexico oil spill, but many who might qualify for settlement funds have not yet filed. They explained that there are thousands of businesses in states adversely effected by the BP oil spill that have failed to file a Tampa business BP oil spill claim on their own behalf. The failure is due to businesses mistakenly believing that they need to be located along the Gulf Coast to qualify, the office of Frank Charles Miranda, P.A. suggest that business owners take a closer look at the terms of the settlement.

The office of Frank Charles Miranda, P.A. explained that to qualify for BP oil spill settlement funds, a businesses must use a system designed specifically for the case to demonstrate that they lost revenue to the oil spill. A businesses must be able demonstrate that revenue during three consecutive months between May and December of 2010 was fifteen percent lower than during a standard period before the BP oil spill, and that revenue over the same three month period in 2011 was a minimum of ten percent higher than during the oil spill months.

All Tampa business BP Oil Spill claims must be accompanied by documents including federal tax returns. The current window for business claims covered by the deal will close in April of 2014.

The office of Frank Charles Miranda, P.A. is located at 703 West Swann Avenue in Tampa. The law office offers Tampa residents assistance filing BP Oil Claims, title services, personal injury representation and representation in foreclosure cases. Tampa residents can find the office of Frank Charles Miranda, P.A. online by visiting https://www.fcmlaw.com.