BMO Bank $850K Wisconsin Vehicle Repossession Settlement

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Max Payout

TBD

Filing Deadline

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Proof Required?

BMO Bank has agreed to an $850,000 settlement to resolve allegations related to vehicle repossession practices in Wisconsin. The lawsuit, Tobiason v. BMO, claimed the bank violated consumer protection laws during the vehicle repossession process. If you had a vehicle loan with BMO Bank in Wisconsin and experienced repossession issues, you may be entitled to compensation from this settlement. The case involves claims that BMO failed to follow proper procedures when repossessing vehicles from borrowers.

Who Is Eligible?

You may be eligible to file a claim if you:

Had a vehicle loan with BMO Bank in Wisconsin
Experienced vehicle repossession by BMO Bank
Repossession occurred during the relevant time period (specific dates pending)
Believe BMO violated proper repossession procedures in your case

How Much Can You Get?

The total settlement fund is $850,000, which will be distributed among qualifying class members. Individual payment amounts will depend on the number of valid claims filed and the specific circumstances of each case. Details about the exact payout structure are still pending.

How to File Your Claim

Filing your claim is quick and easy:

Gather documentation related to your BMO vehicle loan and repossession
Review the settlement notice when it becomes available
Complete the required claim form with accurate information
Submit any requested supporting documentation
Download Class Action Buddy to help you file your claim and track the settlement process

💡 Easier way: File with Class Action Buddy

Skip the paperwork. Our app auto-fills your claim form with your saved profile and submits it electronically in under 2 minutes.

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Frequently Asked Questions

What is the BMO Bank Wisconsin repossession settlement about?

BMO Bank agreed to pay $850,000 to settle claims that it violated consumer protection laws during vehicle repossession practices in Wisconsin. The lawsuit alleged improper repossession procedures.

How much can I get from the BMO repossession settlement?

Individual payments will be calculated based on the total $850,000 settlement fund divided among qualifying claimants. The exact amount depends on how many people file valid claims.

Do I need proof to file a claim in the BMO settlement?

Documentation requirements are still being determined. You should gather any records related to your BMO vehicle loan and repossession, such as loan agreements, payment records, and correspondence about the repossession.

Ready to File Your Claim?

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