Settlement FAQs

is the hernandez settlement legit

by Dasia Dickens Published 2 years ago Updated 2 years ago
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" Hernandez" appears to be a legitimate (closed) class action. We suggest that you deposit the check but don’t immediately rely on money from the check. By law, banks have to make deposited funds available quickly, usually within two days.

The Settlement received final approval from the Court on January 13, 2020. You may review the Final Approval Order and Final Order and Judgment by clicking here. Settlement appeals have been resolved and the Settlement is now effective.

Full Answer

Is Hernandez a scam or a legit class action?

11-24-2020 11:45 AM Hi everyone, thank you for your patience while we checked this out. " Hernandez" appears to be a legitimate (closed) class action. We suggest that you deposit the check but don’t immediately rely on money from the check. By law, banks have to make deposited funds available quickly, usually within two days.

Where was the Hernandez v Experian class action lawsuit filed?

The Hernandez, et. al. v. Experian Information Solutions Inc. et al. class action lawsuit was brought in the United States Court for the Central District of California.

Who is the defendant in the Equifax V Hernandez case?

The Hernandez, et. al. v. Experian Information Solutions Inc. et al. class action lawsuit was brought in the United States Court for the Central District of California. The defendants in the case include Equifax Information Services LLC, Experian Information Solutions Inc. and TransUnion LLC.

What happens to the settlement money in a class action lawsuit?

The settlement money will be used to pay for damage award claims by consumers and pay class counsel’s attorney’s fees and their expenses. The class representatives will be paid a service award and also payment for the costs of notice and administering the settlement. Proof of purchase will be required.

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Bankruptcy Discharge Settlement Scam

The defendants in the case include Equifax Information Services LLC, Experian Information Solutions Inc. and TransUnion LLC. The lawsuit was filed against the mentioned companies for allegedly violating the Fair Credit Reporting Act and related state laws.

Plaintiff Allegations

They broke these laws by allegedly not following the required procedures for accurately reporting debts discharged in bankruptcy, and failing to investigate disputes from consumers about this. According to the plaintiffs, defendants were allegedly reporting those kinds of debts as “in collection” or “due and owing” on their credit reports.

Conditions For Being A Class Member

All consumers that received an order or discharge of Chapter 7 Bankruptcy and who had a credit report issued by a defendant that contained debts, accounts, judgments, or other obligations discharged in bankruptcy that were not reported as discharged in bankruptcy.

How To Deal With Credit Report Inaccuracies

The normal thing to do if you spot inaccuracies in your credit report is to dispute it. Once you do that the Fair Credit Reporting Act requires that those inaccuracies in your credit report should be cleaned up. Not all inaccuracies can be removed by the credit reporting agencies. The things that can be removed include:

Who decides whether to approve a settlement?

The Court in charge of this case still has to decide whether to approve the settlement. Payments will be made if the Court approves the settlement and after appeals are resolved. Please be patient.

What is Supplemental Settlement Class?

You are a member of the Supplemental Settlement Class if the calculation error caused you to be denied a trial loan modification (even though you qualified for one) and you later lost your home in a foreclosure sale. You likely received a letter from Wells Fargo in 2021 regarding the error.

Does Wells Fargo deny a lawsuit?

Wells Fargo denies Plaintiffs’ allegations. Wells Fargo denies that it breached a contract or that the erroneous calculations of trial payment plans caused foreclosures or any related damages.

When will the Fairness Hearing be held?

The Court held the Fairness Hearing on October 7, 2020, and issued an Order for Final Approval of the Settlement on October 12, 2020. Checks will be mailed to eligible Class Members on December 7, 2020.

Did Wells Fargo send a check to affected borrowers?

Wells Fargo publicly acknowledged the calculation error and sent letters and checks to affected borrowers. Plaintiffs filed this lawsuit to seek what they claim is full compensation for themselves and similarly situated borrowers. A prior settlement provided settlement payments to over 500 of the impacted borrowers, but over 700 borrowers were identified after the earlier settlement payments were approved. This settlement is designed to provide the same level of compensation to the remaining impacted borrowers.

When was the class action settlement approved?

The class action settlement was subject to a number of appeals, but was finally approved Aug. 18, 2020.

What was Countrywide accused of?

Countrywide was accused of perpetrating a fraudulent scheme to maintain high profits. Countrywide refused to admit any wrongdoing, but agreed to pay $250 million to settle the consolidated class action lawsuits.

What is the class action lawsuit against Asus?

The class action lawsuit was lodged in 2018 alleging certain ASUS laptops contained a battery that caused the device to overheat. The plaintiff alleged that the problem had rendered his laptop inoperable. ASUS admitted no wrongdoing, but agreed to pay $12 million to end the litigation.

Is Top Class Actions a settlement firm?

Please note: Top Class Actions is not a settlement administrator or law firm. Top Class Actions is a legal news source that reports on class action lawsuits, class action settlements, drug injury lawsuits and product liability lawsuits. Top Class Actions does not process claims and we cannot advise you on the status ...

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Bankruptcy Discharge Settlement Scam

Plaintiff Allegations

  • They broke these laws by allegedly not following the required procedures for accurately reporting debts discharged in bankruptcy, and failing to investigate disputes from consumers about this. According to the plaintiffs, defendants were allegedly reporting those kinds of debts as “in collection” or “due and owing” on their credit reports. The plai...
See more on betterbodysettlement.com

Conditions For Being A Class Member

  • All consumers that received an order or discharge of Chapter 7 Bankruptcy and who had a credit report issued by a defendant that contained debts, accounts, judgments, or other obligations discharged in bankruptcy that were not reported as discharged in bankruptcy. The credit report must have been issued between March 15, 2002 and May 11, 2009, or for California residents, M…
See more on betterbodysettlement.com

How to Deal with Credit Report Inaccuracies

  • The normal thing to do if you spot inaccuracies in your credit report is to dispute it. Once you do that the Fair Credit Reporting Act requires that those inaccuracies in your credit report should be cleaned up. Not all inaccuracies can be removed by the credit reporting agencies. The things that can be removed include: 1. Wrong information such as an account you never opened , someone …
See more on betterbodysettlement.com

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