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 October 6, 2015 - 11:10 AM EDT
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Attorneys & CPA's involved in the BP Oil Spill Settlement Agreement are suffering from BP fatigue.

NEW ORLEANS, Oct. 6, 2015 /PRNewswire/ -- IT Strategies Group (ITSG),, inventors of the Oil Claim Calculator Software, are finding money being left behind by uncovering numerous accounting and claims processing errors from the April 20th 2010 Oil Spill in the Gulf. ITSG has already collected over $50 million from The Deep Water Horizon Economic Claims Center (DHECC) for many of its clients while the majority collected on very few. The process is making people overwhelmed keeping up with notices, complexities and bureaucracy from DHECC.

"ITSG developed the BP Freedom Plan which now enables CPAs and attorneys to unburden themselves from DHECC notices and delays, Settling BP claims much faster and with greater accuracy than having overwhelmed staff and independent accountants do the work," said Craig Sienema, President of ITSG. He continued, "Many CPA's and attorneys are too busy with their own business and cannot be totally focused on such vital matters made more difficult by the DHECC. ITSG lives and breathes BP claims using a forensic approach for its clients leaving no stone unturned or money on the table.

"BP is being penalized only 5 percent by the court for their delays in making settlement payments thus enabling them to prolong the process. Some observers estimate resolution of claims to take at least another 2 to 3 years. With the BP Freedom Program, CPAs and attorneys are able to take advantage of best practices for their claimants while gaining the capital to stay in business, expand their business, fund their personal needs and realize an immediate return on their claims," said David Herman, Senior Account Manager of ITSG.

CPAs and attorneys are realizing that by opting into this new partial buy-out program and selling a portion or all of their total BP claims portfolio they are receiving greater value and benefits than just selling their BP claims portfolios outright to just anyone for pennies on the dollar. Because ITSG takes a forensic approach in optimizing claim values, clients are finding that it is costing them less and saving them more time getting their claims processed correctly. Clients can remain in the process if they want to and be rewarded again on the backend upon settlement. Upfront cash, backend cash with a more optimized claim, you can't beat that!

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SOURCE IT Strategies Group

Source: PR Newswire (October 6, 2015 - 11:10 AM EDT)

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