Lou Budke's Arrow Finance Company v. Richard Kyles class action settlement
All persons to whom Lou Budke's Arrow Finance Company mailed a presale notice or a post-sale notice in connection with the repossession of their property. If that describes you, you can file a claim in the Lou Budke's Arrow Finance Company class action settlement. Class members may receive money, cancellation of certain debts, and deletion of certain negative credit information from their credit reports. Specific amounts are not stated on this page. The settlement website does not say clearly whether documentation is required. No claim deadline has been published yet.
This class action lawsuit concerns whether Lou Budke's Arrow Finance Company sent legally required notices to borrowers in connection with collecting loans and repossessing and selling their property. A settlement has been reached that provides money, cancellation of certain debts, and deletion of certain negative credit information from credit reports. The settlement resolves claims without an admission of liability by Lou Budke.
The facts
| Administrator | American Legal |
|---|---|
| Status | Open, accepting claims |
How to file a claim
- Check that you are eligible. All persons to whom Lou Budke's Arrow Finance Company mailed a presale notice or a post-sale notice in connection with the repossession of their property.
- 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.repoclassactionsettlement.com, the official settlement website. We are not paid for this link.
Common questions
Who is eligible for the Lou Budke's Arrow Finance Company settlement?
All persons to whom Lou Budke's Arrow Finance Company mailed a presale notice or a post-sale notice in connection with the repossession of their property.
How much money will I get?
Class members may receive money, cancellation of certain debts, and deletion of certain negative credit information from their credit reports. Specific amounts are not stated on this page. 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 Lou Budke's Arrow Finance Company 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.