Our firm, along with the Trueblood Law Firm, recently received preliminary approval of a class action settlement against DT Credit Corporation. In the lawsuit, plaintiff alleged that she and other Californians received a notice from DT Credit following the repossession of their cars that did not properly inform them of their rights under California law. California law requires finance companies to provide fully compliant notices of intent to dispose of cars (NOIs) following a repossession. If not, the consumer does not owe any deficiency balance (the amount remaining on the contract after sale of the vehicle).
The proposed settlement class with DT Credit includes over 12,000 borrowers, all of whom should have received a notice in the mail of the court’s preliminary approval of the settlement. If you have received a notice of the settlement, please read it carefully, as it discloses the relief and your rights with respect to the settlement. If you have any questions, please feel free to call or email us.