TRS Class Action Setttlement (Last Update 04/17/2016)
- To be eligible for this suit, you must have received a RECR3 collection letter from TRS between 2010 and 2015
- This class action lawsuit alleges that TRS or TeleCheck unlawfully collected money with collection letters
- The deadline to file a claim in the TRS class suit is December 21, 2015
If you received a RECR3 letter from TRS between 2010 and 2015, you’re potentially eligible to receive a free check from a class action lawsuit. This lawsuit alleges that TRS improperly collected funds via collection letters with misleading information. The suit also alleges that TRS told customers they would send paper drafts to customer’s banks when they were actually not authorized to do so.
You do not need to have a copy of your collection letter to receive compensation in this lawsuit. If you received a letter your information will be on record and will be verified.
If you plan on filing a claim in the class action lawsuit against TRS, you’ll need to do so by December of 2015. In fact, Dec. 21, 2015 is the final deadline to submit a claim in this lawsuit. At the moment, it’s not clear how much each participant will receive. That depends on how many people file eligible claims in the suit overall.
The courts did not make a decision in the TRS class action lawsuit, but instead, the two parties have agreed to settle this case out of court. TRS denies that they have done anything wrong or illegal, but they chose to settle this case simply to avoid the hassle and expense of a court case.
A final hearing in the TRS lawsuit will be held on January 21, 2016.
To contact the claims administrator in the TRS Recovery class action suit:
- LaRocque v. TRS Recovery Services, Inc., c/o GCG, P.O. Box 10123, Dublin, OH 43017-3123