Bank of America customers must act within five days to exclude themselves from a $500,000 communications settlement
Bank of America Customers in Florida Have a Chance to Opt Out of $500,000 Settlement
Act Now to Exclude Yourself from Late-Night Debt Collection Lawsuit
Attention Bank of America customers in Florida! You have a limited time to take action and potentially exclude yourself from a massive $500,000 class-action settlement. This settlement arises from allegations that Bank of America violated Florida’s Consumer Collection Practices Act by sending late-night debt collection messages to its customers.
While the bank vehemently denies these claims, it has agreed to the settlement to resolve the matter. But here’s the catch: you have just five days to decide whether you want to be a part of it or not.
Don’t Miss Out on Your Chance to Object or Be Excluded
If you received communications from Bank of America between 9 p.m. and 8 a.m. in your local time zone regarding debt collection from your accounts starting from April 20, 2020, until now, you may be eligible for the settlement. However, if you wish to object to the settlement or simply opt out, you must act quickly and file your request through the mail by Tuesday.
Exclusion allows you to remove yourself from the settlement entirely, while an objection lets the court know that you disagree with the terms. The choice is yours, but time is of the essence.
How to Request Exclusion
To request exclusion, you must submit a written request through the mail. Make sure to include the case name, your name, address, and telephone number as a settlement class member. Don’t forget to provide the email address or cellphone number that received the communication from the defendant. Sign the request personally and clearly state your desire to be excluded from the settlement. For example, you can write, “I hereby request that I be excluded from the proposed Settlement Class.”
Remember, the clock is ticking. The final approval hearing is scheduled for January 11, and the deadline to file a claim for the settlement is January 26. Act now to secure your chance to be heard and potentially receive up to $500 in compensation. The exact payment amount will depend on the number of claims submitted.
Don’t miss this opportunity to take control of your financial future. Click here to read more about this case from The Washington Examiner.
What are the consequences of not submitting a written request to exclude oneself from the settlement agreement for affected Bank of America customers in Florida?
Collection Practices Act by engaging in late-night debt collection calls.
The settlement agreement, if approved by the court, will provide compensation to eligible Bank of America customers who received debt collection calls between certain late-night hours. The calls allegedly violated the Florida Consumer Collection Practices Act, which prohibits debt collectors from making calls before 8 a.m. or after 9 p.m. local time.
This is an important opportunity for affected Bank of America customers in Florida to assert their rights and potentially receive compensation for any inconvenience or distress caused by these late-night debt collection calls. By opting out of the settlement, customers have the chance to pursue individual legal actions against Bank of America, potentially seeking greater compensation for any harm suffered.
In order to be eligible for exclusion from the settlement, Bank of America customers in Florida must submit a written request to exclude themselves by a specified deadline. This written request must include their name, contact information, and a clear statement expressing their intention to be excluded from the settlement.
It is crucial for affected customers to act swiftly and submit their exclusion requests within the given time frame. Failure to do so could result in customers being bound by the terms of the settlement agreement and forfeiting their right to pursue individual legal actions against Bank of America regarding these late-night debt collection calls.
Bank of America customers in Florida who wish to opt out of the $500,000 settlement should carefully review the notice they received regarding the settlement. This notice provides detailed instructions on how to exclude oneself from the settlement and the deadline for doing so.
Customers who have any questions or concerns regarding the exclusion process or their rights in relation to the settlement can seek legal advice from an attorney specializing in consumer protection law. These professionals can provide guidance and assistance in making an informed decision about whether to exclude themselves from the settlement.
In conclusion, Bank of America customers in Florida who received late-night debt collection calls have an important opportunity to opt out of a $500,000 settlement. By doing so, they can retain the option to pursue individual legal actions against Bank of America and potentially seek greater compensation. It is crucial for affected customers to act now, review the notice carefully, and submit their exclusion requests within the given timeframe in order to exercise this option.
Remember, this is your chance to assert your rights and potentially receive the compensation you deserve!
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