clbkbx

Hi @ThenNow, my attorney advised me to, and I did, sign B. We had a call and they walked me through it and I was able to ask questions about the other releases.

October 1 update: average $583,032 per TDP claim... about the same for the last few months but continues to go up. For the TDP, 71% claims determined and 47% paid (27,196 paid) For the IRO, 51% claims determined and 23% paid (42 paid) Claim determinations and payments just dropped off this month. Just for the Matrix, claims determined over the last three months: 2,782 - 2,198 - 1,727 and claims paid 2,325 - 3,851 - 1,242. There are now only 16,470 undetermined Matrix claims. If it's true SSS has 14,000 cases, and they are all being reviewed independently, there's not much more for the Trust to do on the determinations (less than 5% of additional claims to be determined) and would expected to be done in 1-2 months (again, other than SSS claims). An important milestone? The Trust has now paid more claimants than not (all in... Expedited, Matrix and IRO... individually they are at 93%, 47% and 23%, respectively). The Trust has valued (i.e., if all of the paid claims were paid at 100% instead of 1.5%) the paid-only claims so far at just about $16B. If the mix remains similar through the remaining unpaid claims, the Trust would need $34B. That total number seems more correct to me each month. The Trust has paid almost half of the Matrix claims and I don't think there will be great regional or FIFO variation at this point. A corollary to that would be that the SSS cases will have similar determinations (and similar amounts of fraud, etc.); basically that they boosted up some tiers but that once reviewed it will be a similar mix to what is already determined/paid. We are as ever guessing because the Trust is not very transparent. One thing I would like to know is the average time from a determination to payment. On fb, some have claimed long delays but I also know that I agonized over whether to sign the release for a few months. Once I did sign it, my lawyer indicated 4-6 weeks but that the Trust had only become slower recently. Can a lien check take that long? Do they even check every claim after requiring a certification? What else would they be processing? Getting the money out quickly should be a goal especially after a determination is made.

That is very frustrating and I'm sorry it wasn't the outcome you should have had.

Thanks. I didn't see that number in their recent email or the court filing. What prompted this question is the AVA email I saw posted on facebook guessed (estimated?) that they represented 5,000 claimants. It's getting near the end but that's a big difference in the unprocessed claims.

Hi @johnsch322, do you know the source for this number?

Wow. As of the last update, there were only 18,487 undetermined Matrix claims. So, somewhere around 3/4 of the remaining.

Please read anything at all about how much the BSA paid to lawyers... it's reported regularly to the Court and it isn't as you describe. There is a lot of consternation about lawyers fees for some Survivors, especially in SOL states. Those are the loudest voices because they are rightfully upset. But you don't hear too often from those that are pleased with their representation. So: I am well supported and represented by the lawyers at Jeff Anderson & Associates. I'm thankful for their counsel. They will be paid a contingency fee as we agreed at the beginning.

I think you meant to write: "Yeah that's the lawyers keeping the BSA on the hook. They're playing the BSA for more fee's and services."

Tron, below is a link from BSA's lawyers dated September 2nd of 2025 noting that there remains "litigation challenging BSA’s plan." Nothing says "done" like having an AM Law 50 firm write to the Supreme Court on your behalf. It could be over soon (as many hope it is) but it's not. https://www.supremecourt.gov/DocketPDF/25/25A256/373546/20250903151402603_BSA Letter Opposing Cert Extension 9-2-25.pdf It doesn't really matter what any of us think because there are multitudes (probably too many!) of lawyers and insurance professionals reviewing the coverage, making estimates and suing to have the insurance companies pay into the Trust. The real question is: why do you care?

Application (25A256) granted by Justice Alito extending the time to file until October 13, 2025. https://www.supremecourt.gov/search.aspx?filename=%2Fdocket%2Fdocketfiles%2Fhtml%2Fpublic%2F25a256.html&fbclid=IwY2xjawMm0cZleHRuA2FlbQIxMABicmlkETFFYlBoNkhpZHl5ak5kbHJKAR5YGWGLDra3MvxRb0nXuYd51tP03y05VcrD5g6fLhKKdONyLAsb6n_fliqikQ_aem_f0EmfLE88VRdFWLLxZBchg

September 1 update: average $581,550 per TDP claim... about the same for the last few months but continues to go up. For the TDP, 68% claims determined and 45% paid (25,954 paid) For the IRO, 44% claims determined and 21% paid (42 paid) The additional TDP claims determined, 3,851 claims, is the highest per month in quite a while. The Trust has valued (i.e., if all of the paid claims were paid at 100% instead of 1.5%) the paid-only claims so far at $15B. If the mix remains similar through the remaining unpaid claims, the Trust would need $34B.

August 1 update: average $580,794 per TDP claim. [Still going up slightly and at this point definitely holding steady.] For the TDP, 64% claims determined and 38% paid (22,103 paid) For the IRO, 40% claims determined and 16% paid (32 paid) Without factoring in non-Matrix IRO payments, it's ticked up to around $34B needed to be fully funded. There was a slight drop off in claims processed this month; my guess is the claims processors are taking vacation time.

July 1 update: average $574,579 per TDP claim. [Still going up, could it be from the inflation increase?] For the TDP, 60% claims determined and 34% paid (19,778 paid) For the IRO, 33% claims determined and 14% paid (28 paid) Without factoring in non-Matrix IRO payments, it's settling in around $33B needed to be fully funded. The Trust of course, having determined 63% of the claims, could probably give a better estimate. If they keep on the pace of 5% of all claims determined each month, just seven more months plus or minus to be finished.

Agreed. The FB groups are wild.

Thanks @BadChannel70. June 1 update: average $566,526 per TDP claim. [This has gone up every month, contra to what I thought.] For the TDP, 53% claims determined and 29% paid (17,009 paid) For the IRO, 26% claims determined and 9% paid (18 paid) It looks like the Expedited Distribution is just about finished (less than a percent undetermined, 92% paid). This would represent about $20MM for 6,000 survivors. Less than 1% of 2.4B, for 10% of claims. If the Trust were to stop here, just based on claims paid amounts (not determined), they would need just over $9.5B, with 35% of the claims paid. Without factoring in non-Matrix IRO payments, the Trust needs about $33B to be fully funded at these averages. The Trust of course, having determined 58% of the claims, could probably give a better estimate.