BP to stop handling claims related to Gulf spill

NEW ORLEANS (AP) - BP plans to stop processing claims from people and businesses hurt by the Gulf oil spill as it prepares to transfer that role to a government-appointed administrator.

The company says it will stop accepting new claims after Wednesday. The Gulf Coast Claims Facility, led by Kenneth Feinberg, will take over the process starting Aug. 23.

Great just Great put Government incharge of claims ... Now no one will get paid.

The Feds are just going to find every reason not to pay a claim.

Cut the loses, it's all part of the plan.