Ally is a digital financial services company offering consumer credit services, auto and home loans in the US. Or that will be in addition to the $1300.00, gross deficiency waiver amount. Well I guess Im the lucky one because my daughters boyfriend The beg begged her to co-sign for them since they had a baby on the way but I had to put the car totally in my name so I did so you know what happens after that YES made only 3 payments then up and left to Texas from California but of course Ally repossessed it in Texas ? FICO is a registered trademark of the Fair Isaac Corporation in the United States and other countries. Add me if Im not already added. The fact is it was losing value each day they were playing games. Final I am so happy that they will get theirs. Who does this mess? . Just a post card. I thought that the settlement said anything over $1300 was being waived. 1. Ally Financial - Repossession Question In November of last year I voluntarily initated repossesion of a vehicle with a nearly $43,000 auto loan on it. Do a three-way phone call with the new lender and a Ally Financial customer service rep at 1-888-925-2559, which allows the new lender to ask Ally Financial all the questions necessary to pay off your existing loan. I wouldnt get you hopes up on the amount. Any checks will be mailed around December 31, Not updated yet on website if they mailed checks out, I paid several thousands of dollars to a collection agency. Look up unclaimed $$ from your states treasurer website. From NerdWallet. So my questions regarding this are as follows: 1. Years go by never receiving anything from Ally, then the sucker punch arrived early this year. Still getting bills from Ally even though they took my car. Instead of paying 400.00 to stop the repossession, the amount I needed to pay was over 2,000 because of towing and fees. You can. This isnt a comment would like help regarding Ally. Is this going to mean I wont have to continue paying them or am I still stuck with this? Please re- issue my check. Irving, TX 75061. , NMLS ID 181005 . Im part if this but dont want to be if they are not going to at least clear the deficiency debt all together i bought a car for 12000 put 300 miles on it they repoed it and sold it for 3000 and im supposed to pay the difference. You also have to keep in mind the auctions have been shut down for the most part during covid. Search Close. You can call 1-844-735-5572 for updates. So does this mean anyone that those was had repossession and didnt opt out of the case doesnt owe anything any more? I was at my second job and my son was 20 miles away at football practice when the tow truck driver came to my house and took it. as a consumer I feel sorry For the stories I read on this page people getting r.i.p. They should be able to get your money back. So Im out 30000 and no ride. The way its written is a little confusing. Ally and Do It Right are registered service marks of Ally Financial Inc. App Store is a service mark of Apple Inc. Google Play is a trademark of Google Inc. Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license. Didnt receive a check either. NOTE: If you do not qualify for this settlement do NOT file a claim. 1. Omg thats exactly my issue they never applied the amount they sold my car for to my outstanding balance example: I owe 16,500. Whats going on here? I received a check for $21 in February, the deficiency amount was added to collection amount (1,069) at the end of December and the collection was removed from all 3 credit bureaus middle of January. Corporate Office 2023 Gold Canyon Dr. San Antonio, TX 78232. Ally Auto has been helping people secure auto financing for almost 100 years. box address where the insurance company would like the title mailed. So what is wrong with this? IF I COULD TUN BACK TIME!!! I got the same notice and also have not received a settlement check. Ive been contacted by 2 debt buyers/debt collectors wanting payment saying they were hired by Ally to collect. Regular Payments:
To mail your payment, send a scheduled payment to: Ally Financial P.O. I just dont understand their method, or what to expect? They can possibly get you every dollar back. I'm just trying to get some clarity on if I should talk to an attorney or what everyone's thoughts are because at this point I feel like I've been taken advantage of an the letter of the law was not followed in reference to notification before auction and the date and time of auction. I received a post card today reminding me to cash a check that I never got. Case no. I was sent a card about the lawsuit and I never heard back from them and I want to know how to get my money that is owed to me. I know that voluntary or not this will still hurt my credit once it does finally report as a reposession. $20 Is NOTHING compared to what I lost but im certainly glad they had to pay it. Mine has been fixed on my credit report , but as of today no Check. View all Forex disclosures. I thought all of this is illegal because of the settlement they agreed to. This was WFDS. No contact information given. Frankly, they should send the $2200 rebates repo dispute check to me as opposed to putting it on my balance because I wasnt behind to begin with and should have never had to pay that. Any trade lines on my credit were deleted from all three agencies and now they are reporting it as a charge off again as of today 07/30/22. Have two car payments with Ally with different account numbers.they took three of my payments for one Vehicle and applied those three to my other car payment both with different account numbers. Write to cfp can you hello me? Wow. The company is known for its variety of financial products and services ranging from vehicle loans, home mortgages, online banking services via direct bank, and others. I never received a payment. I signed for a car for my husband, but after we got divorced he refused to pay for it. Never received check either. Should I pay them? From what I understand the debt was to also be lowered but that is not the case either. Now theyre harassing me daily about the full amount I owed. Anyone know the results of the hearing yet?! I received the reminder notice of settlement check cashing deadline postcard but I also have not received a check. I was served with a $15,550 lawsuit over a repossession of a vehicle, and never received any notice of this going to court until I received the paperwork in the mail! The maximum amount. You can also pay by phone by calling 855-636-2559. The amount you owe after the vehicle sells is called a deficiency. I really have no realistic expectations of Ally doing the right thing, if they ever did I would be surprised! Same here. I feel like this is a final retaliatory screw you to those whose debts they could no longer collect. You can get everything negative removed from your credit due to this lawsuit, and probably all of the debts too. Hows can I found out what I qualified for? $28 is kinda waste of time but the $1300 removed and taking that bullshit off my credit would be great. I never received it, postcard received check never received. Do I get that back? I havent received anything from Ally as a class action lawsuit happening..On April 12, 2022 I received a 1099C tax form 5 days before deadline..When I contact Ally they have no info and the info they tell me is I was part of a class action lawsuit and online a partial discharge of debt was done and I still owe them..they cant give me any info about the class action lawsuit and they dont know about a 1099C form sent to me..The collection agency still wants their money..if my debt was discharged all the debt it discharged not a partiel..it says once a 1099C is obtained NO ONE can collect on the debt owed! They repossessed the car the next day. You guys sent me a letter probably a year and a half ago and said my name was listed and to just wait. Am I the only one that hasnt got a check yet?? I voluntarily asked Ally to take my car back due to I moved states and could not afford the insurance along with the car payment. How long can the lender keep the vehicle for sale without selling it? I received a notice to cash a check by May 24, 2022. Shame on all of them for their lack of humanity! I know ally also see these. Francisco hernandez we need to do application to claim award portion of settlement.add us, Your email address will not be published. The dealership selling the vehicle had it listed at $26,987. Box 701650 San Antonio, TX 78270-1650 The reason I'm persistent about the updated TL is because if they to report the repo until say they deem I can't pay. These people are likely going to be selling it themselves for KBB +/-, so there would be no incentive for someone to buy to take a loss. I Had a car loan with Ally and I never received any information about this class action lawsuit . Far as I concerned they owe me and I am not going to double pay them. Nationwide Class: Anyone who was named as a borrower, co-borrower, obligor, co-obligor, buyer, co-buyer, purchaser, co-purchaser, guarantor, owner, or co-owner in a Covered Contract, whose Covered Contract was secured by Collateral, whose Collateral was repossessed voluntarily or involuntarily and whose Collateral was disposed of during the Class Period. So would this be considered a canceled debt when filing taxes this year? Ally Financial Inc. has been hit with a class action lawsuit for allegedly improperly claiming debt forgiveness on consumers' repossessed vehicles in violation of state and federal law. Ally is the worst bank ever! Credit products and any applicable Mortgage credit and collateral are subject to approval and additional terms and conditions apply. Box 380901 Bloomington, MN 55438, Ally Bank Customer Care P.O. I Received a letter saying that i owe taxa on this Actions for car that they took. Not knowing until I requested a payment history and noticed three payments werent accounted for. Ally denies any liability concerning the issues in the class action lawsuit, but has agreed to the settlement. Keep in mind that you're responsible for any PPT you owe when your lease ends. Learn Ally also has agreed to no longer seek collection on a portion of any deficiency balance reflected as outstanding in Allys records after Ally repossessed and sold the property. I have a check today for $38.67. I would definitely appreciate it being removed from my credit report and stop third party seeking collections. Ally Servicing LLC, NMLS ID 212403 is a subsidiary of Ally Financial Inc. Options involve risk and are not suitable for all investors. I called and left a message stating that I have yet to receive the settlement check itself. But Im signed up for USPS email notifications. when they illegally repoed my parents truck that cost over 40k? Finally free of them. I voluntarily surrendered my car in 2019, after falling into hard times. I still wasnt able to meet the cost they wanted and they sent it to collections. I agree. How do I contact haskins? PO BOX 653074
If you did not receive a check it most likely went to your state treasurer.