Mary Jane M. Elliott, Midland, LVNV Debt Collection Class Action Settlement
You may qualify for the Mary Jane M. Elliott, Midland, and LVNV settlement if you had a judgment entered against you in a Michigan court in favor of Midland or LVNV that included excessive interest.
Settlement Closed
Who’s Eligible
- You must be a natural person.
- A money judgment must have been entered against you in a Michigan court in favor of Midland Funding, LLC or LVNV Funding, LLC.
- The judgment must have been for a debt incurred for personal, family, or household purposes.
- The judgment was NOT rendered on a written instrument or promissory note.
- Mary Jane M. Elliott, P.C. must have collected or attempted to collect on the judgment by communicating an interest rate that exceeded the rate allowed by Michigan law (MCL 600.6013(8)).
- The relevant period is from April 11, 2011, to March 1, 2024.
Eligible States
Claim Deadline
What You Need to Do to Get Paid
To get paid from the Mary Jane M. Elliott, Midland, and LVNV settlement:
Claim Online
Visit the Settlement Website and submit a Claim Form using the Notice ID and PIN provided in your settlement notice.
Claim by Mail
If you received a paper claim form, complete it and mail it to the Settlement Administrator at the address listed on the form. Ensure it is postmarked by the Claim Deadline.
You likely do not need to submit proof to file a claim, as the Settlement Administrator has identified eligible Class Members from Defendants’ records. You will need your Notice ID and PIN from the notice you received.
Settlement Payout
Mary Jane M. Elliott, Midland, and LVNV settlement payments include a reduction in the judgment balance owed by Class Members. Specifically, the balance will be reduced to reflect interest calculated at lawful rates, plus an additional $500 reduction. If these reductions eliminate the judgment balance entirely, and you file a valid Claim Form, you will receive a cash payment of $150.
- Attorneys’ Fees: up to $1,500,000
- Service Awards: $20,000 (total)
- Administrative Expenses: estimated $19,956
Settlement Documents
Background of the Lawsuit
The lawsuit alleges that Mary Jane M. Elliott, P.C., Midland Funding, LVNV Funding, and related entities violated federal and Michigan laws by charging excessive post-judgment interest. Specifically, the plaintiffs claim the defendants calculated interest at a rate of 13%—the limit for judgments based on written instruments—when the underlying judgments were not based on such instruments and should have carried a lower, variable interest rate.
The defendants deny any wrongdoing and maintain that their interest calculations were lawful. They contend they have good defenses to the claims alleged in the action. However, to avoid the risk and expense of continued litigation, they have agreed to a settlement.
Under the settlement, the defendants will recalculate the judgment balances using the lower statutory interest rate and provide an additional credit. Class members whose balances are wiped out by these reductions are eligible for a cash payment.
Frequently Asked Questions
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Settlement Administrator
VanderKodde v MJE (881) c/o Settlement Administrator
PO Box 23309 Jacksonville, FL 32241
Case Details
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Disclaimer
The information on this website is free to access and provided for general educational and informational purposes only. It is not legal advice. We summarise settlement information from official notices, court documents, settlement websites, administrators, and other primary sources where available.
Settlement details and deadlines may change. Always refer to the official settlement website or consult a licensed attorney for advice specific to your situation.
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