Good news?

Good news?  Who knows, as we all have come to realize, things seem to change daily.  Getting a straight answer from the gccf 800# has proved impossible.  When we make three consecutive calls, we speak to three different people and get three different interpretations of their lack of real information.  Confused?  So are we.

There are several things we have come across in our personal review of the "Final Rules" that SEEM to work in our favor.  The "proposed methodology" showed comparing 2010 income to the average of '08 and '09 income to determine loss.  Final Rules seem to indicate that 2010 will instead be compared to the higher of '08 or '09.  Most of us were expecting 2010 income to be at least back to '08 pre-recession levels.  This should help, though most of us were projecting 2010 to be even better than '08.  Second, it seems that Interim Claim amounts will be rounded up to the nearest thousand.  If a claim is approved for $2500, it will be paid $3000.  Third, a Final Claim amount will be offered, matching the Interim Claim.  If our calculated Final Payment Offer is below $5000, our Final Payment Offer is the $5000 Quick Payment Amount.

As we know, things have tended to change rapidly with the gccf.  At this point, we would just like to see the first of our claims get paid.