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Fire Victim Trust Fund to send first pro-rated percent of claims in March

It has been two years and three months since the Camp Fire and few survivors have seen money from the Fire Victim Trust Fund. Survivors are now asking, where is the money?

Posted: Feb 7, 2021 10:49 PM
Updated: Feb 8, 2021 10:08 AM

PARADISE, Calif. - Driving through Paradise, you see more empty lots than new development. It has been two years and three months since the Camp Fire ripped through the ridge.

Few survivors have seen money from the PG&E Fire Victim Trust Fund.

Thousands of survivors are wondering, where is my money?

"It's been a huge inconvenience,” Krista Perry said with a sigh.

Krista still has no permanent place to call home, more than two years after the Camp Fire destroyed her home of Paradise.

Like thousands of others, Krista has been waiting to get her money from the Fire Victim Trust Fund.

"I was hoping to at least get $50,000 or something just so we could put a down payment on a house,” Krista said. “I don't know if we'll get that much, but I'm hoping we'll be put in a better spot than we are in right now."

March 15th is the date the trust will begin distributing to fire survivors their first pro-rated percentage of their claims.

The PG&E bankruptcy has complicated the settlement distribution, but that's not the only thing preventing survivors from seeing the full amount of their claims.

"Under bankruptcy rule, we have to pay everyone the same share,” Cathy Yanni, the trust’s claim administrator, explained. “So, her pro rata allotment will be the same as everyone else. The remainder of the trust fund is still in stock. Even if we wanted to distribute additional money, we actually don't have it because it's still in stock."

For Krista and thousands of others, this money could be the start of her going back home.

"A lot of us are still struggling and there may not feel like there is an end to the tunnel but there is. It may not be today or tomorrow, but soon we will see that light,” Krista said.

The trust will start sending claim determination notices on Feb. 15. The deadline for filing claim questionnaires is Feb. 26.

Yanni encourages those who want to submit a claim to make sure they provide all required documents to get it processed correctly.

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