BMO Bank $850K Wisconsin Vehicle Repossession Settlement No Proof Required

BMO Bank $850K Wisconsin Vehicle Repossession Settlement

$1,034
Max Payout
Jun 17, 2026
Filing Deadline
No
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.
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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 deadline to file a claim for the BMO Bank $850K Wisconsin Vehicle Repossession Settlement?

The current deadline to file a claim is Jun 17, 2026. Note: claims sent by mail must be postmarked by this date, and Class Action Buddy ships claim forms with a 7-day mailing buffer to ensure on-time delivery.

How much can I receive from the BMO Bank $850K Wisconsin Vehicle Repossession Settlement?

The maximum payout per eligible claimant is up to $1,034. Actual payments may be lower depending on the total number of valid claims filed and the available settlement fund.

Do I need proof of purchase for the BMO Bank $850K Wisconsin Vehicle Repossession Settlement?

No — this is a no-proof-required settlement. You can file a claim based solely on your sworn declaration without receipts, photos, or product packaging.

How do I file a claim for the BMO Bank $850K Wisconsin Vehicle Repossession Settlement?

You have two options: (1) Use the free Class Action Buddy mobile app — set up your profile once and the app auto-fills the PDF claim form, captures your signature, and submits the claim by mail on your behalf. (2) File directly with the settlement administrator using the official claim form linked on this page.

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.

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