Lou Budke’s Arrow Finance Settlement: See If You Are Eligible

Did you come across Lou Budke’s Arrow Finance Settlement online? Wondering if it is a scam or legit settlement? It’s not a scam.

Lou Budke’s Arrow Finance agreed to pay over $4.85 million to settle a class action lawsuit. The lawsuit claimed they didn’t give proper notices before repossessing things.

What Is Lou Budke’s Arrow Finance Settlement All About

The settlement settles a lawsuit about whether Lou Budke gave people the right notices before trying to collect their loan and back.

Why Did I Get This Notice

You got this because you or someone in your family might have had a loan with Lou Budke. The Court sent it to tell you about a possible agreement to settle a lawsuit about property that was taken back. You have choices to think about before the Court decides what to do.

Am I Eligible

The settlement helps people who borrowed money from Lou Budke’s Arrow Finance and used personal property as collateral. It’s for those who received a notice either before or after their property was sold.

If Lou Budke’s Arrow Finance got a final judgment against you or if you filed for bankruptcy after getting a notice and your bankruptcy ended without dismissing it, you can’t get benefits from the settlement.

How Much Is The Settlement

Lou Budke’s Arrow Finance agreed to pay $185,000 to settle the repossession lawsuit. The settlement provides over $4.85 million in benefits, which includes the $185,000 cash fund.

People involved in the lawsuit will get money based on how much they borrowed and the interest rates on their loans. We don’t know the exact payment amounts yet.

Do I Need A Claim Form

You don’t have to fill out any forms to get the settlement money. Just go to the settlement website and update your address so they can send the payment to the right place. Just update your details on the settlement website here.

Conclusion

Lou Budke’s Arrow Finance Co. v. Kyles, Case No. 15SL-AC29334-01 is not a scam. Lou Budke’s Arrow Finance agreed to pay $185,000 to settle the repossession lawsuit. The settlement provides over $4.85 million in benefits, which includes the $185,000 cash fund.

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