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They really not being much help with this all we want is a number that we can reach and when is checks being issued? Two or three consecutive missed payments can lead to repossession, which damages your credit score. Update check came $25.27. 2. Also my credit score jumped 31 points on Equifax, its now at 695. I got the same notice and also have not received a settlement check. Same here, post card with deadline but no check. This settlement avoids costs and risks to you from the lawsuit; provides benefits to borrowers like you; and releases Ally from liability. Programs, rates and terms and conditions are subject to change at any time without notice. Ally is just dragging their feet hoping the courts will change their minds or try and find another way to put their valued customers through a little more hell! They put the car out for repossession. I paid the charge off amount I am sure it negatively impacted my credit. In November of last year I voluntarily initated repossesion of a vehicle with a nearly $43,000 auto loan on it. Here is the horror story of my repossession. Any time a debt is canceled its considered income and you have to file it on taxes. If you bank with ally be prepared for endless frustration and miscommunication. For visitors with visual disabilities, access to this website, including our FICO Data Privacy Policy, is available through assistive technologies, such as BrowseAloud, JAWS, VoiceOver, Narrator, ChromeVox, and Window-Eyes. And if so, have the sales representative sent us the file. Ally Financial has agreed to pay $87.5 million in cash to cover payments to Class Members, attorneys fees, and incentive awards to the Class Representatives. Kindly send me my check asap, maximum amount due. I received a notice settlement check not being cash 500 Woodward Ave, 16th fl, Michigan United States. Ive had a change of address since my claim was filed. Like, even if you still have a balance, after they apply the 1300, is it being reduced to the new amount and then reported? How do i get it removed from my credit report? Hows can I found out what I qualified for? A third-party service provider fee will apply. I did not receive a check. I got a postcard about cashing a check by May 24 but never received a check yet maybe it will come the next day or two. Regular Payments: Francisco hernandez we need to do application to claim award portion of settlement.add us, Your email address will not be published. Should I be paying a 3rd party company Northstar Services. One letter said Inowe 9,000 but will settle for 700.00. We have court on December 20th. I received the letter about the lawsuit & I also received the check for $46. So just got the Experian Auto Check Report for this vehicle, it states "05/19/2020 SOUTHEASTERN REGION 13,933 Auto Auction REPORTED AT AUTO AUCTION". If not, search repossession., Ally Financial Repossession $788M Class Action Settlement, QR Code on Debt Collection Envelopes Could Be Illegal, Appeals Court Rules, TitleMax Hides 132% Interest Rate When Loaning to People in Financial Hardship, Class Action Alleges, Safe 1 Credit Union Repossession Notice $4.8M Class Action Settlement, Do You Qualify: CARES Act COVID-19 Mortgage Forbearance Lawsuit Investigation, Social Security Disability application & appeal claim review, Abbott baby formula recall lawsuit investigation. Everyone wants your money and dont care how they get itJust pay me my money!!!! Top Class I never got the check from the settlement , I spoke with a lady and gave her my new address but still have not received the check. Do you happen to have the number you used to contact?