Same I just got a reminder to cash a settlement check but I have not received one, I received letter if I dont cash check by May 24 check will be void. on the Courts Order on Disputed Statutes of Limitation; the Class Period for all states ends March 19, 2021. provides a variety of financial services, from home and car loans to banking and retirement savings options. I thought all of this is illegal because of the settlement they agreed to. Recd my check. Phone number +1 888 925 2559. Learn Well then July of this year they took my car. Not knowing until I requested a payment history and noticed three payments werent accounted for. View all Advisory disclosures. You also have to keep in mind the auctions have been shut down for the most part during covid. All I want is this removed from my credit report. I received a postcard. I called the toll free line 844-735-5572 and was told it could take a year before we can get our credit cleared or any recompense due to appeals by Ally. The company holds. I emailed them and gave the case number because I too am in the same situation. I have reviewed no check Add my name to the list. Actions does not process claims and we cannot advise you on the Nope I received a letter some time ago saying I was part of the lawsuit. A third-party service provider fee will apply. Characteristics and Risks of Standardized Options brochure. Tax filing deadline is 5 days away and they are just sending this? I was the co borrower for my daughters car and she ran into hard times and was embarrassed to let me know. Ally also has agreed to no longer seek collection on a portion of any deficiency balance reflected as outstanding in Allys records after Ally repossessed and sold the property. It is due to drop off his CRs is exactly 1 year and it was repo'd in early 2015. 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. I cant seem to follow if its the deficiency amount minus the $1,300.00, which would be a decent amount or the $1,300.00. Really!Unless you guys got a different letter,It stated You do not have too do anything, anything, anything get me WoW. Regular Payments: Ally Lending PO BOX 653074 Dallas, TX 75265-3074 Overnight Payments: Ally Lending FTC's website on credit. Please send more in-depth details. They only have an address. What are the exact repayment and credit removal? CHECK BEVER RECEIVED!!! Its no number to call back. What the heck is going on with this? I received a letter about this class action suit. They repossessed the car without notifying me where the payments were 2 months late which we owed 400.00. You certainly could to push them along. When my husband died in 2018 my income was reduced in over 1/2. Ask why your car was repossessed. This company should be made return the vehicles that were taken illegally. I voluntarily surrendered my car in 2019, after falling into hard times. Be ready to provide them all your documentation as well in regards to problems with the car. No check though, How do I find out if the sold my car after they repo it its been years I havent heard any thing also sold my un paid part of the loan to a collector but it shows they did a write off on the loan and repotted it to credit report. So why was it sold for $3,000 below asking price and average market value. I would also like to know how long this may drag out even if the case against Ally was won, so I found a address that im going to write or call to try to find out. The number that has the recording t 1-844-271-4780 and there is ability to leave a vm for a callback, THAT IS A WALMART GIFT CARD I want to know also. Log in, go to Profile and Settings, select Profile and Settings in the menu, then Privacy Preferences. . I also received the post card. So.what exactly is happening with our credit? A list for those included hasnt been provided. $20 Is NOTHING compared to what I lost but im certainly glad they had to pay it. Whats going on here? Assumed it was junk mail. Nationwide Class: Anyone who was named as a borrower, co-borrower, obligor, co-obligor, buyer, co-buyer, purchaser, co-purchaser, guarantor, owner, or co-owner in a Covered Contract, whose Covered Contract was secured by Collateral, whose Collateral was repossessed voluntarily or involuntarily and whose Collateral was disposed of during the Class Period. What can I do for this ? Credit products and any applicable Mortgage credit and collateral are subject to approval and additional terms and conditions apply. SMH. They have 180 days to remove the credit line delinquency from your reports. Forex accounts are held and maintained at GAIN Capital. It was the most horrific experience of my life caused me to impact my score negatively and worst is no Matter the proof I had they didnt even bother with helping me. How do I correct my new address?? 1. So can someone please advise. How can they sleep robbing people. The vehicle sticker price was $17,999 the final loan over $23,000 because of extra insurance policies high I was told was about $45.00 extra a month but was never told they were adding the full price of all their specialty Gap, Wheel & Tire, insurance, etc. Search. Well looks like you all settled. I cannot gather why you would want that. !What do I do now?? 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. Case no. These are not individuals buying a car at a dealership. i received a postcard about a check and never received a check. If you have any questions regarding what it takes to become a vendor partner with Ally Management, please feel free to contact our office at 843-497-3555. Box 9222 Old Bethpage, NY 11804, Ally Credit Card P.O. Ive been calling and dealing with a few people who understand the situation as well as one insensitive jerk named Sergio from Redemptions. I am fighting a dispute since July 2022 when they repossessed my car stating I was behind $1300, but in fact I really wasnt but still had to pay $2200 to go and get my car from Auto Auction two hours away. The amount you owe after the vehicle sells is called a deficiency. Search Close. any time to access Ally eCheck Deposit or send a secure message. Sayingn Im going to receive money or I need to cash the check that I have not received yet. Also law requires they notify me of the auction they did not. Last.month I got a letter that said.my balance was 9,000 but will settle for 4,000. I received my check under $40 but its still showing on all three of my credit reports as negative. 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. Here is my response-, Hi Im returning a voice message we received from you about the Ally financial class action lawsuit to answer your question the settlement was approved by the court on August 9 so now the benefits that are described in the notice will start to happen in late December and late January so the deficiency balance amount that you owe Ally will be reduced by $1300 around the end of December of this year and Ally will request that this information be removed from your credit report around the end of January of next year those two things were both occur automatically and you wont be notified if you can simply continue to check your balance in your credit score the checks will also be mailed around mid December to check the average check amount is and always has been expected to be about $28 and we dont have an individual announce yet we wont have those until December so all you need to do is just be patient let us know if your address changes from there we sent a notice and otherwise you do not need to do anything else in order to receive any of these benefits thank you. In addition to an added sense of uncertainty, repossessions also leave a negative mark on your credit history. And if so, have the sales representative sent us the file. 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. We were never getting it back, even after repo. Box 733203 Dallas, TX 75373-3203. You can get everything negative removed from your credit due to this lawsuit, and probably all of the debts too. No phone # to call. Received the notice 5-13-2022, never received a check, but supposed to cash it by the 24th. I know ally also see these. Please re- issue my check. Aerika Dav I did not receive a check. I immediately called this lawfirm and told the secretary what had happened and replied there was nothing I can do! You can contact Ally Financial at +1 757-247-2559 Where's Ally Financial headquartered? I agree!! The day it was repo'd we called to buy it the following day (when the fund would be in hand to pay for it) and they said absolutely not, we would not be able to redeem the vehicle under any circumstances. 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. 1. Control how your personal information is shared and manage how we market to you. I just dont understand their method, or what to expect? I feel I should receive the max payment and have it removed from my credit report. Add me if Im not already added. 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. I have been asking them since I got this car in Jan 2019 (which then I paid two months ahead for cushion), when I spoke with them in Feb-March 2019 asking my date be switched from the 5th to the 20th of each month they stated it was done so I had been paying on that date and even made a double payment when I could. Ive seen no movement with my credit being updated nor a check. I was a part of this lawsuit, it has been removed from my credit but I still havent received a check. I have not received the check. The value of this benefit, called the Gross Deficiency Waiver Amount, will be at least $700 million. Terms and Conditions. I received the check for about I think 29.00 or 31.00, is there a check that Ally financial sent me and I did not receive it yet. View all Advisory disclosures. Kindly send me my check asap, maximum amount due. They sold it for 1/2 of what I owed and sold the balance due to Constar Fanancial and I have been paying a them each month. How is they determining how much I will get, I was a few months behind on making my car payments and just when I was getting caught up on my other bills I was going to start making payments to get caught up. Anyone else? Deadline for 1099s to be mailed is January 31st, ALLY. After you've made your claim, contact us to provide: Please upload the following documents in the Message Center: Your insurance company can also fax the above documents to 678-682-7335. Hows can I found out what I qualified for? Attn: PO BOX #653074 The recording says December and the credit info gets deleted on Feb 15th 2022. The vehicle was repod over 6 months ago already. . Ally Financial Inc. (NYSE: ALLY) is a leading digital financial services company, NMLS ID 3015. Remove it from all three credit outlet. Ally Invest Advisors, Ally Invest Securities, and Ally Invest Forex LLC are wholly owned subsidiaries of Ally Invest Group Inc. Here is the horror story of my repossession. 2017-2021 and TM, NerdWallet, Inc. All rights reserved. Next thing I know they had sold my vehicle and claimed I still owed them over 10,000.00 which I am not ever going to pay. August 31st So our measly little checks should start arriving the 1st or 2nd week of December 2021. My car loan was a few years back; Id like to know the dates that a customer had to be considered, does anyone know? both times my car was paid off as soon as it was repoed & picked up the next day the second time they told me to pay my balance & i can get it released i paid 1,638 dollars for them to tell me i couldnt get it back is there anything i can do about this ?? As of now credit report deletion will be in February. We have court on December 20th. Still on my credit and no check no nothing! While the vehcile is held for sale can they add storage fees? 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. Foreign exchange (Forex) products and services are offered to self-directed investors through Ally Invest Forex LLC. Lol really 11 years ago. Not fair that the customer should take over a $30,000 hit as a charge off and they keep the vehicle too! Top Class Actions is a legal news source Login. Ally Bank- Auto Loans Only Additional Contact Information Fax Numbers (248) 754-2964 Primary Fax Phone Numbers (800) 200-4622 Other Phone (877) 357-8477 Other Phone (800) 551-5377 Other Phone. document.getElementById( "ak_js_5" ).setAttribute( "value", ( new Date() ).getTime() ); @2023 Top Class Actions. I got the same about a check and it need cashed never received any check . Also my credit score jumped 31 points on Equifax, its now at 695. In this example, if Ally received a regularly scheduled monthly payment of $425.00, $94.52 would be applied to Finance Charges and the remainder of $330.48 would be applied to reduce the outstanding balance of the Amount Financed. how to turn The shame of it is how many trees are used to produce and print these checks! I contact the Judge about it and 3 days later they dismiss the case without prejudice and Ally finally picks the vehicle up a month later But it doesnt end no notice of intent to sale, no balance reduction on credit report. Had to move from 4 bedroom home to income based apartment. Ally Credit Card P.O. 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. Just a post card. Box 951 Horsham, PA 19044, Ally Bank P.O. (310) 878-4496 Message Offers FREE consultation! Im betting even though I spoke to them and asked them to clear all those individuals off they probably didnt, seeing as how theres no communication whatsoever. 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. Credit products and any applicable Mortgage credit and collateral are subject to approval and additional terms and conditions apply. bankruptcy they can still seek a judgement for the balance. I have called the phone and heard the message claim that it will be completed by end of february 2022. Ally Bank, the company's direct banking subsidiary, offers an array of deposit, personal lending and mortgage products and services. In most states, the bank must notify you, in writing, of the following matters within a short time, usually five days after it has repossessed the car but before it is sold or auctioned: Notice of Default and Right of Redemption/Right of Reinstatement. Then about a couple of months later I received two separate letters one regarding the tax form and the other to pay the balance. Dispute the payments with your bank and refer to any documents retaining to the the class action lawsuit and its results. Additionally in November 2012 GM Financial entered into a share transfer agreement with Ally Financial to acquire Ally Financial's equity interest in GMAC-SAIC that conducts automotive finance and financial . A couple of months later I received a letter stating if my taxes were affected to call them. 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. they threatend us with repo all the time. Yes I do meet some of the prongs of the test. Charges can include expenses for sending a repossession agent, storing the vehicle, preparing the vehicle for sale, and more. Box 951 Horsham, PA 19044 Deposits Ally Bank P.O. SO, I got a check along with a 1099c from a company I HAVE NEVER HEARD FROM for the ALLY debt. What is the status.. And buy the time can get them payed they had a repo to pick the car up and I told him that they told me I could get caught up and keep the car. At this point the vehicle was repossessed a long time ago. As provided in the Short-Form Notice, please send me a copy of both the Long-Form Notice and the Agreement. I had to find where my car was taken to and then had to find a ride to get to it. Brand New car and it was a lemon, I took it back to the dealer with in 30 days, went to 2 others trying to duplicate the problem which was but said it wasnt an issue that caused a wreak and left me with neck surgery and 2 careers down the drain, refused to buy it back, came and got it days before it they said it was to be able to be reposed. Same as everyone else, received postcard on May 13, no check. I on disability and my credit is such the nobody will finance a vehicle. Way in December thats when checks start going out. they cannot seek collection on any deficiency says in the agreement they agreed to . how to turn Learn Learn more. In November of last year I voluntarily initated repossesion of a vehicle with a nearly $43,000 auto loan on it. I didnt get any kind of notice at all. Your PPT is due when you receive your billing statement. Can someone help me out? They took the car though. What further is so questionable is the dealership still shows the vehicle as avaliable for sale unless they purchased it at auction? I knew they were cons when I paid a double carpal entry three months in a row. All the way to December. Do you want them to mark it as a repo? That would be so very helpful for the future. Know your rights. Please email me so I can give you the address for the check. I too had recieved a letter; when will we be compensated?