Gary Nelson, et al. v. Bank of America, NA: Bank of America, N.A. class action settlement
Borrowers who had a vehicle repossessed and sold by Bank of America, N.A. and did not receive proper notice of their rights in connection with that repossession and sale. If that describes you, you can file a claim in the Bank of America, N.A. class action settlement. Class members will receive a proportionate share of the net settlement fund after deduction of administrative costs, class counsel fees and expenses, and service awards to plaintiffs. The total gross fund is $3,250,000. Additionally, BANA will request credit reporting agencies to delete class members' auto loan history from their credit reports. The settlement website does not say clearly whether documentation is required. No claim deadline has been published yet.
This class action lawsuit alleges that Bank of America, N.A. failed to send borrowers proper notice of their rights after vehicle repossession and sale. The settlement provides a $3,250,000 gross fund to be distributed to class members and requires BANA to request credit reporting agencies to delete class members' auto loan history from their credit reports. BANA denies all claims but agreed to settle to avoid the costs and risks of continued litigation.
The facts
| Administrator | American Legal |
|---|---|
| Status | Open, accepting claims |
How to file a claim
- Check that you are eligible. Borrowers who had a vehicle repossessed and sold by Bank of America, N.A. and did not receive proper notice of their rights in connection with that repossession and sale.
- Gather what you need. Have your contact details ready, along with any notice ID you were sent.
- File on the official settlement website. It is the only place a claim counts, and filing is always free.
- File before the published deadline. Late claims are usually rejected.
File your claim on the official site
Goes to www.nelsonclassaction.com, the official settlement website. We are not paid for this link.
Common questions
Who is eligible for the Bank of America, N.A. settlement?
Borrowers who had a vehicle repossessed and sold by Bank of America, N.A. and did not receive proper notice of their rights in connection with that repossession and sale.
How much money will I get?
Class members will receive a proportionate share of the net settlement fund after deduction of administrative costs, class counsel fees and expenses, and service awards to plaintiffs. The total gross fund is $3,250,000. Additionally, BANA will request credit reporting agencies to delete class members' auto loan history from their credit reports. Final amounts usually depend on how many valid claims are filed, so the published figure is a maximum rather than a promise.
When is the claim deadline?
No claim deadline has been published yet. Administrators are not required to accept late claims, so it is worth filing before the date rather than on it.
Do I need receipts or proof of purchase?
The settlement website does not say clearly whether documentation is required. Every claim form asks you to confirm that the information you give is true, and filing a claim you are not entitled to is fraud.
Is the Bank of America, N.A. settlement legitimate?
This settlement is administered by American Legal, a court appointed claims administrator. A real settlement never asks you to pay to file a claim. File only on the official settlement website linked on this page.
Last verified . We re-check every settlement against its official website. Details can change after that, so confirm on the official site before you file. How to verify any settlement yourself.