Im confused I had a loan on a car for about $16,500. Sorry I cant be more helpful but the lawyers are not answering these comments. For details, contact the Redemption Center at 1-877-845-8862. How do I update my address for my settlement payment? I guess my question is I was reading that the sale has to be considered commercially reasonable. Notice to cash the check But what check? Its determined by the taxing jurisdiction for your garaging address. Same here, post card with deadline but no check. As of today which is December 13, 2021 that charged off Ally account has been removed from my Transunion and Equifax credit reports. Send them to the address you have on record. Please re-issue my check. All rights reserved. FTC's website on credit. Well looks like you all settled. Then about a couple of months later I received two separate letters one regarding the tax form and the other to pay the balance. Does anyone know. Santander Consumer USA P.O. I can not get a lawyer to figure any of this out. And 25 points on Transunion, which is now at 735, This is right on time for the new year! So can someone please advise. What further is so questionable is the dealership still shows the vehicle as avaliable for sale unless they purchased it at auction? Box 380901 Bloomington, MN 55438 Bank Call 1-877-247-2559 Outside the U.S. +1-757-247-2559 Hearing impaired 1-877-320-2559 Report fraud 1-833-226-1520 Select option 2 Secure email Log In to send a secure message. 2017-2021 and TM, NerdWallet, Inc. All rights reserved. I believe we will have to send a letter through snail mail to the P.O. The information I received stated, we did not have to do anything. After co-signing for my grandson his truck was repoed by Ally and they harassed me so I started making payments of $300 per month. Francisco hernandez we need to do application to claim award portion of settlement.add us, Your email address will not be published. Hope that makes sense, and thanks as always for the help @LaHossBoss. I have an 2017 chevy trax interest 13.45 paid in 11,000 owe 21,000 I clearly got riped off, I cant get it refinance!! I hope it DOESNT get final approval. when they illegally repoed my parents truck that cost over 40k? Your PPT is due when you receive your billing statement. My grandson lost his job because the company closed. SMH. But then just got a letter today dated stating the vehicle was sold for exactly $24,000.00 on May 28th, 2020! Your lender or insurer may use a different FICO Score than the versions you receive from myFICO, or another type of credit score altogether. So Im out 30000 and no ride. The class action lawsuit was removed to federal court last week. When my husband died in 2018 my income was reduced in over 1/2. The start date for each states Class Period can be found as. If not, search repossession.. I sure would like to know what the phone number is so I can answer my phone if they try calling me and would also like to know when I will receive a check? Because they are only removing it from your credit but will still be pursuing the remaining balances in court. It could be the reason they're offering for you to take it back, they can't get it into an auction. The KBB Fair Market sale price on this vehicle is $26,869 (max is $28,282). Thanks, Last week I submitted a written statement on behalf of myself and my husband stating that we have yet to receive a check and would like to have it reissued by the deadline. I never got the check but they sent me a notice to cash my check on the 24 of may 2022, I knew about the lawsuit when it started knew I was a part of it but still never received a check whats up with Ally financials legal department they keep that $788 million for themselves, ANN ELLIS NO CHECK IT UNDER RUEL ELLIS NO PHONE TO CALL SEND TO EMAIL WHAT IS UP WITH COMPANY. If you want to call it a cancellation of debt then you CANCEL THE ENTIRE DEBT. They took the car though. You can call 1-844-735-5572 for updates. I really need a break right now. i received a postcard about a check and never received a check. Is the amount owed / charge off being removed from our credit reports? Just kick back and wait for $28,90or686.92or1300orA Dolla, Im still recieving letters from collectors charging me the vehicles value. For the best experience, use the Ally Mobile app. I agree Ally are crooked. And just put new bf goodwrench tires on it another 650 bucks . These are not individuals buying a car at a dealership. Also why can I not find any reference of this auction that can only be found on this report from the new dealership who appearently purchased the vehicle at auction or no prior attempts to commercially sale the vehicle? I put preventative measures in place to avoid repossession but was never contacted until the car was repossessed. I received a letter about this class action suit. Ally and Do It Right are registered service marks of Ally Financial Inc. App Store is a service mark of Apple Inc. Google Play is a trademark of Google Inc. Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license. box and be hopeful it will arrive on time. Court Documents say 120 days from approval of settlement until the time we should being seeing checks in mail and credit report corrections August 9, 2021 Approximately the middle of November 2021. Ally did not even give me a chance to make the payments up because I really would love to have that car. , NMLS ID 181005 . I received my check for 28. Ally repossessed my 2016 mustang California special for so.e kind of bs can I get my car back or the loan money to find a replacement of my dream car that took me 56 years to finally get. Box 660633 Dallas, TX 75266-0633 Please give me a phone number. Hi, what do they mean that the deficiency amount you owe will be reduced y $1300. I got the same notice and also have not received a settlement check. Assumed it was junk mail. directory! If you did not receive a check it most likely went to your state treasurer. Omg thats exactly my issue they never applied the amount they sold my car for to my outstanding balance example: I owe 16,500. If the car is sold, ask if you still owe money. I bought a truck then in 2 months my hrs at work wend from 40 hrs 30 I ask to lower my payments for 560 a month till I go back to my 40 hrs they said no contract is a contract so I said I surrender the truck they told me to park the truck not to move it but they were still billing me before they pick up 3 month later they sold the truck and send me a bill for 10500 for the remaining of the price. They should be able to get your money back. I think then with that data and if it goes much longer it could be argued as not commercially reasonable. The recording says December and the credit info gets deleted on Feb 15th 2022. Im going to add it to my portfolio in their company dividends for the F-UPS 2 nice amount now the baby check. Ally Financial - Repossession Question In November of last year I voluntarily initated repossesion of a vehicle with a nearly $43,000 auto loan on it. 222Chicago, IL 60644-1490, James G. OnderMartin L. DaeschJesse B. RochmanONDERLAW LLC. I still want to know What I would like to know is where are the check. Should I pay them? hi, will we still owe money to AllyThey sold my car and I still owe 13,000, I paid off my vehicle and they repossessed it saying I owed $1100 on late charges so I sent them the money right away to get it back and their account took it in but then they said I should have sent it thru Western Union but I sent it the way I have always sent it and that the payment wasnt valid so I went through about 70 different customer service reps that were all rude and ignoring my plea to admit that I paid them and they need to release my vehicle to me and my title. What I gather from that is that the entire history will be deleted as if it never appeared on the report. !What do I do now?? I didnt even know there was an action lawsuit until today 9/20/22 when searching for the repo dispute number. to the loan, sky rocketing it to the $23,000. Still getting bills from Ally even though they took my car. Add me if Im not already added. So is it safe to say the collectors are calling now trying to collect the charge off balance before the December/February deadline when its scheduled to come off? Forex accounts are NOT PROTECTED by the SIPC. Makes one feel very incompetent unable to obtain credit for anything, also very embarrassing. So the original settl.ent was the amount of your defenciency balance plus 1%. He lost his job. Maintenance. Second, used prices are surging right now so it's creating unusual situations. Same as everyone else, received postcard on May 13, no check. Perhaps all concerned to write a letter asking for an explanation. I would think that a repo is worse than a CO? I have also received a settlement offer from Ally offering me a payment plan to pay for the car they repossessed from me. Further information is available in our FICO Data Privacy Policy. If deemed not so appearently it can cause issues for them if action is brought from what I read a little bit ago while awaiting replies. Sayingn Im going to receive money or I need to cash the check that I have not received yet. I just had the same question and I got a call back within 2 days. My car loan was a few years back; Id like to know the dates that a customer had to be considered, does anyone know? The actual repossession is done by an independent agent hired by the lender. Box 701650 San Antonio, TX 78270-1650 I too had recieved a letter; when will we be compensated? They need to reply. What this who things boils down to is the only winners in this case it the lawyers and Ally. I thought it was supposed to come in a check to us. In addition to your loan balance, you also have to pay for costs related to repossession. Box 9222 Old Bethpage, NY 11804, Ally Credit Card P.O. One letter said Inowe 9,000 but will settle for 700.00. Called for months never received a straight response reach out to my bank for proof they cashed the checks with the account number those checks should have gone to not knowing until now they were applied to my other account. You can log in to your account any time to access Ally eCheck Deposit or send a secure message. Everyone wants your money and dont care how they get itJust pay me my money!!!! Same here. I hope it comes. With no telephone number to call they have left us at a dead end and its wrong. Okay there is some trickery (not the word I want to use) going on here. Corporate Office 2023 Gold Canyon Dr. San Antonio, TX 78232. I could go on and on and on I will never ever use this company again for an auto loan or any loan for that matter. Ally Financial Inc. (NYSE: ALLY) is a leading digital financial services company, NMLS ID 3015. Ally Financial P.O. Signing up for an Ally Bank account should take less than 15 minutes online. NOTE: If you do not qualify for this settlement do NOT file a claim. Constar financial is not reporting, however Ally is showing the $100 payment every month. how to turn Please re- issue my check. When you surrender your car to the lender on your own terms, it's known as voluntary repossession. I do not believe that is true. Never received check either. 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". I cannot imagine it would ever get KBB unless it was a real find and worth more. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. that means you get the small check I wanna know if we still have to pay the remaining monies after they sold the car I turned in. Copyright 2001-document.write(new Date().getFullYear()) Fair Isaac Corporation. He fetched 92% of the total loan value when it was auctioned off, thankfully, but we never paid the remaining balance due to the situation we had with them. 28.90 cents. Never received a check..but got a letter stating check will expire if not cashed. How long can the lender keep the vehicle for sale without selling it? If you've fallen behind on car payments, you may know . status of any class action settlement claim. Today I received a letter stating this is to acknowledge that your above account with Ally has been settled and you are released from any and all obligations. View Security Disclosures, Advisory products and services are offered through Ally Invest Advisors, Inc. an SEC registered investment advisor. Still on my credit and no check no nothing! Nothing shows on my credit report. Ally Financial Inc. v. Haskins, Case No. Fast foward 7 months. Anyone else? Received notice in the mail to first notify me of the lawsuit & no I receive a post card with no check either. To contact Ally Lending for billing disputes, questions about your account or to send general correspondence, please use the following address: To contact Ally Lending by phone, please call 18885680186. What the heck is going on with this? Does anyone understand Sustainable Forest ? I filed in January and now I have to somehow come up with money to pay the added tax I will owe because of this 1099. What I would like to know is where are the checks has anyone got one it been 10 days passed the due date. 686.96 DOLLARS IS THE MAX PAYOUT? Please send me the check from the settlement. as a consumer I feel sorry For the stories I read on this page people getting r.i.p. Im still getting letters from debt collectors sending a bill with different balances. Congratulations to everyone who filed a claim and got PAID! Im so tired of waiting forever for this settle to be finished! You can find background on Ally Invest Securities at FINRAs BrokerCheck . I received a post card notice in mail about the check that I needed to cash by 05/24/2022, but I have not received a check! Add me. If I do qualify I am good with having this removed from my credit report for all three bureaus. Sample Certificate of Insurance Please submit a certificate of both general liability and worker's comp insurance. Dallas, TX 75266-0633 where our checks could of disappeared to if they were in fact even sent to us. Hmmm sounds what I heard in the news during the fall out off the mortgage industry in 2008. I noticed they changed my amount they were claiming I owed to half which was more accurate in the first place. Ally Financial Inc. (NYSE: ALLY) is a leading digital financial services company, NMLS ID 3015 . I never received a check for my settlement amount. I walk 5 mile to the the store. I would like the number too to fi d out. Use either of the addresses below to mail payments for your Ally Lending account. View Security Disclosures, Advisory products and services are offered through Ally Invest Advisors, Inc. an SEC registered investment advisor. I cannot gather why you would want that. Did not receive a check just a postcard also this is crap! Send Payment To Use either of the addresses below to mail payments for your Ally Lending account. I did not receive any check just a letter saying removed from credit report. THEN sold it and left me with almost the same amount. Mine was removed from my credit two weeks ago. I received my check under $40 but its still showing on all three of my credit reports as negative. I have been making pmts to a collection agency for almost 2 years now they said I owed 3000 dollars after they took vehicle .They sold vehicle for more then I had to pay them .All I got was a letter saying removed from credit report. So does this mean anyone that those was had repossession and didnt opt out of the case doesnt owe anything any more? I WAS ALSO SENT A LETTER AS MINE WAS ALSO REPOD BY THESE CROOKSTHEY GOT 3 TIMES WHAT THE CAR IS WORTH AND THEN RESOLD IT. Mr. and Mrs. McClain. In addition, Ally Financial has agreed to stop occurring finance and late charges on Class Members deficiency balances as of the settlements effective date, and will request that Experian, Equifax, and TransUnion delete trade-line information on Class Members credit reports that is related to their Ally account that is subject to this settlement. Ally Bank and Ally Invest Group are wholly owned subsidiaries of Ally Financial Inc. Securities products are NOT FDIC INSURED, NOT BANK GUARANTEED, and MAY LOSE VALUE. Mine name is obed Quintana prado 3. I know it was an Improper repo as per my records and the 4 reasons I had to state why I wasnt delinquent when I started the dispute. Ally Bank is a Member FDIC andEqual Housing Lender Short notice. Website. And am i due compensation? Look up unclaimed $$ from your states treasurer website. I have never received my check, but received a letter that I did not cash my check. Dog tried to bite the man. Never received check? I received that same notice to cash my check that I never received. U.C.C. 5. All the way to December. It says you are suppose to get your deficiency amount AND a cash payment. Being removed? I still have not received my check are you goin to reimburse me and reissue another check please. Add me, I got the notification in the mail but no check. Yes I am in the same situation. I received a settlement check and my credit score went up. The settlement resolves a lawsuit over whether Ally sent proper notices to you in connection with attempting to collect your loan and repossessing and selling your property. Payment Processing Center P.O. They relied mine and said I owned them 3000 and I only owed 1000 and my credit says its 3500 now. Mine was removed from my credit last month and it sent me up 52 points. I co-signed for my brother and before he voluntarily turned it we had two payments. Add me. When I submitted my payment Ally sent a transaction through my Bank of $95,281 not once But twice. Does it make them feel good about themselves or stroke their ego? Or are they just being moved to current status and expecting us to still pay on the balance of the amount owed? administrator or law firm. Thank you. They contacted me after they repossessed the car. Ally sold my car and I got a 1099 form to file on my tax like it was my income. Shows that I received a settlement payment but I never received the check. The 2 nd day they came and repossessed my car . I need ap vehicle. This was WFDS. Any checks will be mailed around December 31, Not updated yet on website if they mailed checks out, I paid several thousands of dollars to a collection agency. Received a collection notice August 31,2021. It dont take no time for these folk to take from you but it takes forever for them to give back. Ally and Do It Right are registered service marks of Ally Financial Inc. App Store is a service mark of Apple Inc. Google Play is a trademark of Google Inc. Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license. To contact Ally Lending by phone, please call 18885680186. Didnt receive a check either. They want 16k cause Ally sold the car for less than it was worth, I thought that I was clearly the only one this has happened to. I am trying to be understanding with Covid19 but my concern is that once it is sold it'll be another 30-60 days before final paperwork is issued it is looking like the repossession won't be done until maybe the end of the year. But instead of reporting as such the lender has halted all reporting at 60 days past due and has not reporting anything on the loan since November of last year. Ally Lending I thought the settlement said that no further collection attempts would be made. My vehicle was repo (not voluntary either)when I attempted to pay my outstanding charges, additional fees and charges had been added that made it impossible for me to reclaim my vehicle. Am I the only one that hasnt got a check yet?? The dealership selling the vehicle had it listed at $26,987. Plan to have my friend call to see if the vehicle is avaliable tomorrow. Time fixed my credit reports. And like you I dont even care about that. I received a notice that if I did not cash my check by 5/24/2022 it would be voided. how to turn I LOST EVERYTHING BECAUSE OF THIS VEHICLE, HOW is it LEGAL for a collection agency to OUT OF THE BLUE send me a letter then a few days later a 1099c that I have to pay taxes on? Kindly send me my check asap, maximum amount due. I would love to know if I will get a thing from this. Ally Bank is a Member FDIC and Equal Housing Lender , NMLS ID 181005. 2017-2021 and TM, NerdWallet, Inc. All rights reserved. settlement administrator or your attorney for any updates regarding Top Class Actions is a legal news source A couple of months later I received a letter stating if my taxes were affected to call them. I agree. Ally Financial Inc. has been hit with a class action lawsuit for allegedly improperly claiming debt forgiveness on consumers' repossessed vehicles in violation of state and federal law. Is the entire account coming off my report, or is it only from the time of the repossession onward? So now they took that money out of the unpaid balance for the second car which made it go up. I was served with a $15,550 lawsuit over a repossession of a vehicle, and never received any notice of this going to court until I received the paperwork in the mail!
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