Upstart Settlement Opt-Out Deadline Approaching — Payments Are Automatic
- Published: February 17, 2026
- Updated: May 25, 2026
Eligible Upstart bankruptcy filers in Kentucky could receive automatic payments under this settlement. The opt-out deadline is March 9, 2026—just 20 days away. No claim form or paperwork required.
Settlement Timeline
The opt-out deadline for this settlement is March 9, 2026. That is 20 days from now.
This deadline is for opt-outs and objections only — not for filing claims. Because this settlement uses automatic distribution, eligible class members will receive payments without taking any action. If you want to exclude yourself from the settlement (for example, to preserve your right to sue individually), you must do so before the date above.
Need to verify you received post-filing communications? Review your statements or contact your bank—institutions keep records for years.
Settlement Payment Amounts
The $300,000 settlement fund will be split among every eligible class member. Settlement payouts are estimated at up to $100 – $800 per person, depending on total claim volume.
Larger class sizes mean smaller individual payouts, but it’s worth verifying you qualify—the eligibility check takes under a minute.
Check the Upstart Class Action Settlement page for the latest payout estimates and calculator.
Eligibility: Who Gets a Payment?
You could qualify for a settlement payment if the following applies to you: (What is a class member?)
- Filed a Chapter 7 or Chapter 13 bankruptcy petition in either the Western District of Kentucky or Eastern District of Kentucky;
- Had a loan originated through and/or serviced by Defendant; and
- Were sent one or more post-filing Communications between January 1, 2018 and December 31, 2024 from Defendant more than five days after their bankruptcy petition was filed and while their bankruptcy petition remained pending.
Geographic eligibility is limited to Kentucky.
You won’t need receipts, statements, or any documentation to claim your payment—the settlement administrator will handle distribution automatically.
Still not sure? The Upstart Class Action Settlement page has a quick eligibility checker that can tell you in seconds whether you are a class member.
Our Analysis
About 49% of the open settlements listed on The Class Action Lawsuit are tagged as not requiring proof of purchase — this is one of them.
For context, finance settlements account for 11% of open cases listed on the class action lawsuit (7 of 65).
Financial services class action settlements like this one often fly under the radar. Banks and credit companies settle quietly, and affected customers never hear about it unless they actively look. If you are reading this, you are already ahead of most people.
Automatic Distribution: What You Should Know
The settlement administrator handles everything—you don’t need to file forms, meet deadlines, or take any action to receive your payment.
One key step: make sure your address on file is current. Many class members miss payments because settlement checks are returned as undeliverable.
For full details on the payment process and timeline, visit the Upstart Class Action Settlement page.
Why This Settlement Exists
Plaintiffs Melanie Stephens and Jessica Johnson filed a class action lawsuit against Upstart Network in the United States Bankruptcy Court for the Eastern District of Kentucky. A matching action was filed by David Brody in the Western District of Kentucky. The complaints allege that Upstart violated the automatic stay in certain bankruptcies by sending communications, collecting payments, and reporting credit information after the plaintiffs had filed for bankruptcy. Upstart denies these allegations and any wrongdoing. The Court has not determined who is right or wrong in this lawsuit. Upstart has agreed to pay up to $300,000 to resolve the claims. An additional fund will cover administrative costs and attorneys’ fees. This is one of several recent finance settlements.
To resolve the case, Upstart is putting $300,000 on the table. As is common in class action settlements, Upstart denies the allegations but agreed to settle.
The case (In re Stephens; In re Brody, Case No. 23-03001; 25-03044, United States Bankruptcy Court for the Eastern District of Kentucky; United States Bankruptcy Court for the Western District of Kentucky) was settled to avoid the cost and uncertainty of continued litigation.
Want to know more about this settlement and whether you qualify? The full Upstart settlement details page has everything — eligibility details, estimated payouts, and the full timeline.
Upstart Automatic Distribution: Your Questions Answered
What if I moved — will I still get my Upstart settlement payment?
If your address has changed, it is important to update your contact information with the settlement administrator to make sure your payment reaches you. Undeliverable mail is a common reason class members miss automatic settlement payments.
What is the opt-out deadline for the Upstart settlement?
The opt-out deadline is March 9, 2026. This date is for class members who wish to exclude themselves from the settlement, not for filing claims. If you do nothing, you will remain in the class and receive your automatic payment when distribution begins.
When will Upstart settlement payments be sent?
Automatic distribution payments are typically sent after the opt-out and objection deadlines have passed and the court has given final approval. The current opt-out deadline is March 9, 2026. After that, allow several weeks to months for the settlement administrator to process and mail payments.
Discussion
Disclaimer
The information on this website is free to access and provided for educational purposes only — it does not constitute legal advice. Settlement details and deadlines are subject to change. Always refer to the official settlement website or consult a licensed attorney for advice specific to your situation.
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