Gulf Coast Property Owners Can Receive Over $1,000

Do you own a condo on the Gulf Coast?  If you owned it on April 20, 2010, you are eligible for a payment being administered by the U.S. District Court-Eastern District of Louisiana because of the Deepwater Horizon Economic & Property Damage Settlement. 

Under this settlement, no physical damage to your condominium is required.  This does apply to condominiums used personally.  For a condo with a 2010 tax assessor value of $350,000 the economic damage refund ranges from $1,239 to $1,859. 

For more information, please contact Dale Prosch at 205-871-1880 or dprosch@dentbaker.com.