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

BMO Bank $850K Wisconsin Vehicle Repossession Settlement

This settlement is closed. The claim deadline has passed and new claims are no longer being accepted. This page is kept for reference — see settlements that are still open →

By the Class Action Buddy Editorial Team · Last reviewed May 12, 2026

$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 Was Eligible?

Who the settlement covered:

  • 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 Did It Pay?

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 this claim was filed

This settlement is closed, so the steps below are kept for reference only — they no longer lead anywhere you can file.

  • 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

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This one has closed, but the open settlements list is kept current, and Class Action Buddy will tell you when a new one matches your profile.

Frequently Asked Questions

What is the deadline to file a claim for the BMO Bank $850K Wisconsin Vehicle Repossession Settlement?

The deadline to file a claim was Jun 17, 2026, and it has passed. Claims are no longer accepted for this settlement.

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.

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

No proof of purchase was required — claims could be made on a sworn statement, without receipts, photos, or product packaging.

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.

Primary source: official settlement administrator — tobiasonvbmosettlement.com. The settlement details on this page were checked against the administrator’s official website.

Class Action Buddy is an independent directory and is not affiliated with, endorsed by, or sponsored by the settlement administrator or the court. This page is general information, not legal advice. See how we verify settlements.

This settlement has closed

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