There is a separate option for those claimants who want to file a Final Claim and who previously received an Emergency Advance Payment. Such claimants may apply for a Quick Payment Final Claim.
This is an expedited procedure which offers a fixed amount of $5,000 for individuals and $25,000 for businesses to finally resolve their Final Claims. Under the Quick Payment Final Claim process, you do not have to document your final claim. Do not elect the Quick Payment Final Claim process unless you are willing to accept the fixed payment of $5,000 for individuals and $25,000 for businesses and to sign a full release of liability.
If you sign a release of liability, you will not be able to seek further compensation from the GCCF, the Coast Guard, or in court.
