Terrell Bailey v. Alliance Credit Union class action settlement
Persons who had a secured collateralized loan or financing agreement with Alliance Credit Union, whose collateral was repossessed, and who were mailed a presale or post-sale notice. If that describes you, you can file a claim in the Alliance Credit Union class action settlement. Class members may receive money, write-off of certain deficiencies, and deletion of certain negative credit information from their credit reports. Specific payment 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 alleges that Alliance Credit Union failed to send proper pre-sale and post-sale notices to borrowers after repossessing and/or selling their collateral. The settlement provides monetary payments, write-off of certain deficiencies, and deletion of certain negative credit information from credit reports. The parties disagree on whether borrowers would have prevailed at trial.
The facts
| Administrator | American Legal |
|---|---|
| Status | Open, accepting claims |
How to file a claim
- Check that you are eligible. Persons who had a secured collateralized loan or financing agreement with Alliance Credit Union, whose collateral was repossessed, and who were mailed a presale or post-sale notice.
- 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.acuclassaction.com, the official settlement website. We are not paid for this link.
Common questions
Who is eligible for the Alliance Credit Union settlement?
Persons who had a secured collateralized loan or financing agreement with Alliance Credit Union, whose collateral was repossessed, and who were mailed a presale or post-sale notice.
How much money will I get?
Class members may receive money, write-off of certain deficiencies, and deletion of certain negative credit information from their credit reports. Specific payment 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 Alliance Credit Union 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.