Condo Owners

One of the major industries relating to tourism in Louisiana along the Gulf Coast is condominium rentals. Often tourists wishing to visit Southeast Louisiana, including Terrebonne Parish, Venice and other coastal areas would rather rent a condo rather than deal with a hotel. This industry has thrived for some time but has been hit harshly by the recent oil spill in the Gulf of Mexico by British Petroleum. This BP oil leak has led to a wide variety of industries being hit financially and those condominium owners in Louisiana who have seen a spat of cancellations and decreased businesses are no exception.

With oil washing ashore and the Gulf of Mexico not looking as beautiful as it normally does, those with rental properties faced a harsh summer in 2010. Condo owners already facing a harsh economic climate were done no favors by BP as would-be tourists changed their plans to avoid closed beaches and oily water. The important fact remains, though, that financial recovery is possible through the BP oil spill claims process or, possibly, subsequent litigation. By selecting an attorney that can utilize a wide variety of financial data and information to prove your losses, condo owners who have been unable to rent out their property may receive this lost cash-flow.

One way that condo owners may prepare themselves for the claims process is by printing out and filing all cancellations they have received for their property. What's more, by providing to an attorney previous years' income and demonstrating what a "normal" summer would have provided, these renters can help prevent any efforts by BP to minimize or reduce payment. Those condominium renters that prepare a file that covers the spectrum of documentation mentioned above, as well as the paperwork requested by our attorneys as they develop and file your claim, will be better equipped to fight any counters by British Petroleum to limit their monetary recovery.

The BP oil spill in the Gulf of Mexico has drawn a lot of attention to water-based industries due to restrictions on fishing and other activities. However, this does not mean those who depend on tourism have not been equally affected. If your condo properties have not been rented out due to the tragedy in the Gulf, contact an attorney at the Berniard Law Firm and have one of our lawyers start on your BP oil spill claim today!

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