The settlement benefits borrowers, co-borrowers and guarantors on consumer automotive loans from Arkansas Federal Credit Union (AFCU) for which the collateral was repossessed by AFCU between May 15, 2018, and July 23, 2021. You may be eligible for a potential award from the Arkansas Federal Credit Union Improper Repossessions Class Action Lawsuit!
According to the class action lawsuit, Arkansas Federal Credit Union allegedly failed to send sufficient repossession notices and post-sale notices to consumers and violates federal laws. So if you are eligible, file a claim by November 15, 2022 to receive your potential award!
Arkansas Federal Credit Union Improper Repossessions Class Action Lawsuit
- Claim Form Deadline: November 15, 2022
- Who’s Eligible: Borrowers, co-borrowers and guarantors on consumer automotive loans from Arkansas Federal Credit Union (AFCU) for which the collateral was repossessed by AFCU between 05/15/2018 – 07/23/2021.
- Class members must have:
- Received post-repossession notices of sale
- Not have filed bankruptcy since repossession
- Not have settled the finance agreement amount due
- Not have had a judgment entered against them in relation to the finance agreement
- Class members must have:
- Estimated Amount: Varies
- Proof of Purchase: N/A
- Case Name & Number: Arkansas Federal Credit Union v. Lenoria E Haley and Walter T Morris, Case No. 72CV-21-1024, in the Circuit Court of the Washington County, Arkansas, Civil Division
(Click here to file a claim)
How To File a Claim
- Head over to the Arkansas Federal Credit Union Improper Repossessions Claim Form.
- Read over the claim form to see if you are eligible.
- Complete the claim form with your info.
- Submit your claim form to receive your potential award by November 15, 2022!
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Bottom Line
The settlement benefits borrowers, co-borrowers and guarantors on consumer automotive loans from Arkansas Federal Credit Union (AFCU) for which the collateral was repossessed by AFCU between May 15, 2018, and July 23, 2021. You may be eligible for a potential award from the Arkansas Federal Credit Union Improper Repossessions Class Action Lawsuit!
If you don’t know if you qualify, please read the FAQ section of the Settlement Administrator’s website to ensure you meet all standards. Don’t forget to take a look at our full list of Class Action Lawsuit Settlements! Be sure to give our list of No-Proof Class Action lawsuit to see other settlements you may qualify for.
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