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In a press release dated July 28, 2010, BP said it expects to pay at least $60 million in advance payments next month to claimants across the Gulf Coast who have lost income or net profit because of the oil spill in the Gulf of Mexico.

Having already doled out $256 million to date for claims — including $30 million in the last seven days — BP will begin issuing advance payments by the end of the week. Claimants will receive checks about 30 days after receiving July payment.

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