If you have received a check from the CFPB, it is because we have taken an enforcement action against a person or company for violating a consumer financial protection law, and you are eligible for compensation as a result of this violation. This check may come in the mail directly from the CFPB or from the defendant that we sued.
Full Answer
How many employees does Phoenix Settlement administrators have?
Phoenix Settlement Administrators is located in Orange, CA, United States and is part of the Office Administrative Services Industry. Phoenix Settlement Administrators has 16 total employees across all of its locations and generates $299,780 in sales (USD). (Employees and Sales figures are modelled).
How do settlement administrators pay out awards?
Paying out awards for valid claims. Most Settlement Administrators create a special, court-approved website to serve as a hub for information about the case, including court documents and updates about when payments will be distributed. Settlement Administrator websites also provide a way for Class Members to electronically file their Claim Forms.
What is a settlement administrator website?
Most Settlement Administrators create a special, court-approved website to serve as a hub for information about the case, including court documents and updates about when payments will be distributed. Settlement Administrator websites also provide a way for Class Members to electronically file their Claim Forms.
Where can I find out about the status of a settlement?
We also use Settlement Administrator websites, in combination with other sources such as court documents, to provide updates about the status of a settlement, including when it has been approved and when claims are expected to pay out.
Should I cash a check from a class action settlement?
People have mixed feelings about class-action suits, and whether you cash class-action refund checks is up to you. Generally, if you get one, you probably paid a lot more in wrongful fees than you're getting back in the settlement. If you don't cash the check, the money may go back to the company.
What is Phoenix settlement Administrator?
Phoenix Settlement Administrators (PSA) is value driven on all size cases. Large or small, your case receives expert management, secure data custody, neutral communication and a dedicated team.
How do you know if a settlement is real?
How To Spot a Fake CheckMake sure the check is issued by a legitimate bank and doesn't have a fake bank name. ... Look for check security features, such as microprinting on the signature line, a security screen on the back of the check, and the words “original document” on the back of the check.More items...
How do I cash a class action settlement check?
Lawsuit Settlement Check CashingBring your settlement check to a check cashing store, like United Check Cashing. ... Provide the teller with your check and a valid photo ID.You will pay a small processing fee, but then leave with cash in hand.
What happens if you don't cash a class action settlement check?
Cy Pres Distribution. In other settlements, the unclaimed funds will be distributed to a charity, non-profit organization or university with the purpose of furthering the policy goals of the settlement.
What is a class settlement payment?
A class-action lawsuit settlement is the proceeds that are received from winning a class-action lawsuit. It is the monetary benefit paid out to the individuals that make up the class-action lawsuit.
What is settlement administrator?
Settlement Administrator means the qualified third party administrator and agent agreed to by the Parties and approved and appointed by the Court in the Preliminary Approval Order to administer the Settlement, including providing the Notice.
Can you cash settlement check?
Cashing in Your Settlement Check With Your Bank You can cash in your personal injury settlement check at your own bank. However, you may not be able to access the full amount immediately, especially if you received a large settlement check.
Are class action settlements taxable?
Oftentimes, the nature of a class action suit determines if the lawsuit settlement can be taxable. Lawsuit settlement proceeds are taxable in situations where the lawsuit is not involved with physical harm, discrimination of any kind, loss of income, or devaluation of an investment.
Can my lawyer cash my settlement check?
While your lawyer cannot release your settlement check until they resolve liens and bills associated with your case, it's usually best to be patient so you don't end up paying more than necessary.
Do Lawyers lie about settlements?
Lawyers lying about settlements in trial or providing a false statement is not unheard of. However, according to rules of professional conduct, anything said in a settlement conference is confidential and inadmissible during trials.
How long does it take to get paid after a settlement?
While rough estimates usually put the amount of time to receive settlement money around four to six weeks after a case it settled, the amount of time leading up to settlement will also vary. There are multiple factors to consider when asking how long it takes to get a settlement check.
What is the usual result of a settlement?
After a case is settled, meaning that the case did not go to trial, the attorneys receive the settlement funds, prepare a final closing statement, and give the money to their clients. Once the attorney gets the settlement check, the clients will also receive their balance check.
How long after settlement will I get my money?
If your matter settles electronically, the funds should appear in your nominated account within a couple of hours after settlement. However, PEXA does recommend allowing a maximum of 24 hours just in case banking delays occur.
Location: Orange, CA
Phoenix Settlement Administrators is a subchapter s corporation located at 1411 N Batavia St Suite 105 in Orange, California that received a Coronavirus-related PPP loan from the SBA of $182,663.00 in April, 2020.
Similar Companies near Orange
In the Orange area, 21 businesses in the " Administrative Management and General Management Consulting Services " industry received a PPP loan. These local businesses reported an average of 23 employees (compared to this company's 12) and received an average PPP loan of $189,746 (compared to this company's $182,663) .
Industry PPP Comparison Statistics
Nationwide, 92,568 businesses in the " Administrative Management and General Management Consulting Services " industry received a total of $5.46B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
Footnotes & Information
1. Estimations for informational purposes only. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type.
Pizza Hut says they got me covered. They lied
On September, I went to ER for 2nd degree burns while I was working for Pizza Hut and I had to go to the hospital. My RGM at the time said that the company would cover my bills.
Too expensive to live alone?
Hi, I moved to Hawaii for a job. Rent is $2600 a month for a tiny old unit in a roach infested building, I take home about $4400 split across 2 paychecks a month. Parking, gas, insurance, food, etc leaves me with very little each month. It also doesn't help that my mom died, and I had to pay her mortgage to keep her house in the estate.
Is TurboTax's free service no longer actually free this year?
I'm seeing posts around on different reddit subs claiming TurboTax's free service is no longer actually free this year, and they try to charge you at the end after you entered your info, is this true? I filed using them last year using their free service and it worked fine, what did they change? If so, any good alternative services to try instead that are free?.
Moving to live in the US, what do I need to know?
Hi, I'm in my late 20s and an american citizen but I grew up and have lived in a middle eastern country and couldn't go back to the US until now.
What if I think I should have received a check?
You can check here or call (855) 411-2372, 8 a.m. to 8 p.m. ET, Monday through Friday, to learn more about our recent enforcement actions. Keep in mind that even if an enforcement action was brought against a company that harmed you, you might not be eligible to receive compensation. You can learn more about the process on our website .
When do you receive a claim form?
A claim form is used when we need additional documentation to verify that you are eligible for a redress payment.
How do I know if this check’s real or a scam?
If you would like to verify whether a check from the CFPB is real, you can view our payments by case and click on the link for the case for which you received a check. You should then contact the payments administrator using the contact information listed. The administrator should be able to verify your check and determine if it’s real or a scam.
Is a check from a payment administrator a scam?
You should then contact the payments administrator using the contact information listed. The administrator should be able to verify your check and determine if it’s real or a scam. If anyone claims that they can get you compensation, but asks for money upfront, it could be a scam.
Can I still take legal action?
Cashing the check you receive in the mail doesn’t stop you from making any further legal claims that may be available to you. While we can’t give you legal guidance, you may want to look for an attorney for advice.
How to avoid fake checks?
To avoid fake check scams, follow these tips: Don't cash the "unexpected" check. Companies, including FINRA, rarely if ever send checks that don't include some explanation of why the check was issued. Unless you are expecting the check — and you are absolutely certain it is meant for you — do not cash it. Don't "keep the change.
How long does it take for a bank to verify a check is counterfeit?
Pressure to act quickly: Be aware that it can take 10 days or even more for your bank to determine that a check is counterfeit. Until you have verified with your bank that the check has cleared — do not wire or transfer funds.
How to verify a FINRA check?
Call the company directly to verify the check, using a telephone number you obtain on your own from directory assistance at the company. Do not use any telephone number that appears on the check or in any instructions you receive. For FINRA checks, call (301) 590-6500. Know the hallmarks of fraud. Fake check scams typically have a number ...
What are the red flags for fake checks?
Fake check scams typically have a number of red flags, such as: Typos: Watch out for online postings, texts or emails that are riddled with typos and poor grammar. Mismatched names: Compare the name of the person or company posting the opportunity with the name on the check you receive — and beware if they don't match.
Can you be a scammer if you don't forward a check?
Even if you’re not asked to forward on part of the funds, unexpected checks can still be scams. For example, you might be liable for the amount of the counterfeit check, your endorsement might give your account information to fraudsters, or you could receive follow-up attempts to phish for personal financial information — or some combination.
Is a fake check a scam?
Often fake check scams and run in tandem with job-search scams. You’ll hear that you’ve been “hired” and instructed to deposit a check in your bank account, then withdraw most of the money and wire it to someone else. Victims are told to keep several hundred dollars of the money as payment. When the checks are later discovered to be phony, the banks reverse the deposit and the victims are left liable for the money withdrawn, usually several thousand dollars.
How to determine net settlement fund?
Each Settlement Class Member’s allocation of the Net Settlement Fund (after subtracting the 75% payment to the California LWDA) will be determined by multiplying the Net Settlement Fund by a fraction, the numerator of which is the Settlement Class Member’s number of pay periods during the Class Period and the denominator of which is the total number of pay periods during the Class Period for all Settlement Class Members. To the extent that Settlement Class Members do not submit a timely and valid Claim Form for their share of the Net Settlement Fund, that portion of the fund shall be redistributed to the Settlement Class Members who do submit timely and valid Claim Forms on a proportional basis. As this is a total pay-out, non-reversionary settlement, the exact amount of your Settlement Payment will not be known until the time period to submit claims (discussed below) has expired. However, your Claim Form sets forth the expected minimum amount per pay period a Settlement Class Member will receive. As noted, this amount may increase substantially if all Settlement Class Members do not submit timely and valid Claim Forms.
Where is the settlement hearing in California?
A hearing for final approval of the Settlement is currently set for 10:00 a.m., on March 28, 2019 in Courtroom 4 of the United States District Court for the Northern District of California, located at 280 South 1st Street , San Jose , CA 95113.
What is Walmart's lawsuit?
In this Lawsuit, Plaintiff alleges that Walmart failed to provide cashiers with suitable seats while working at the front-end checkstands at Walmart stores in California in violation of California Labor Code §1198 and §14(a) of Wage Order 7-2001. Based on this allegation, Plaintiff seeks civil penalties under the California Labor Code Private Attorneys General Act of 2004 (“PAGA”), Cal. Lab. Code §2698 et seq. Civil penalties are determined based on the number of pay periods the Settlement Class Members were employed during the Class Period.
What is a Walmart claim form?
Included with this Notice is a Claim Form which states the number of pay periods you were employed as a front-end cashier at a Walmart store in California during the Class Period according to Walmart’s Records. The Claim Form also indicates the expected minimum amount per pay period a Settlement Class Member will receive, assuming that all Class Members submit timely and valid Claim Forms and that the Court awards the full amount of requested Attorney’s Fees, Litigation Costs, Enhancement Awards and Settlement Administration Costs. If not, all Settlement Class Members submit timely and valid Claim Forms, the amount per pay period will increase.
How much is Walmart settlement?
The total settlement amount (known as the Gross Settlement Amount) in this case is Sixty Five Million Dollars ($65,000,000). This Settlement is a total payout, meaning that Walmart has agreed to pay the entire Sixty Five Million Dollars ($65,000,000) regardless of the number of claims received by the Settlement Class Members. In addition, as part of this settlement, Walmart will create a Seating Program to provide seats to California front end cashiers who express a desire to use such while working at California Walmart front end checkstands. Additional details regarding the Seating Program can be found in Section 5.1 of the Settlement Agreement.
How are pay periods calculated at Walmart?
Pay periods shall be calculated based on Walmart’s records. Settlement Class Members will be given credit for each pay period they were actually employed by Walmart in California as a front-end Cashier at any time during the Class Period. For purposes of determining pay periods, partial pay periods worked by you while you were employed as a front-end cashier in California during the Class Period are included in determining the number of pay periods worked. Settlement Class Members are not given credit for pay periods when they were employed in a position other than front-end Cashier during the Class Period, and you are not releasing your claim for those pay periods either. Walmart’s records will be presumptively valid with respect to the number of pay period(s) Settlement Class Members were employed as a front-end cashier in a California store during the Class Period.
What happens after 75% of net settlement fund is paid?
After 75% of the Net Settlement Fund has been paid to the State of California, the amount remaining in the Net Settlement Fund will be paid to those Settlement Class Members who submit timely and valid Claim Forms based on the number of pay periods employed during the Class Period.
