Follow us on Twitter and Facebook for the latest Class Action Settlement News!

Claim Filing Period Begins for Keepseagle v. Vilsack Settlement

By Mike Holter

 

farming
Tribal Relations announced last week that the claim filing period for the Keepseagle Native American farmer class action settlement has opened. Native American Indian farmers and ranchers have until December 27, 2011 to file a claim to receive up to $50,000 or more from the Keepseagle v. Vilsack settlement.
Under the Keepseagle settlement agreement, reached last October, the USDA agreed to pay Native American farmers and ranchers $760 million to settle charges that it discriminated against Native Americans by denying them equal access to credit in the USDA Farm Loan Program. According to the class action lawsuit, the USDA denied thousands of Native American farmers and ranchers the same opportunities to get farm loans or loan servicing that were given to white farmers and ranchers. The lawsuit also claims the USDA did not do outreach to Native American farmers and ranchers or provide them with the technical assistance they needed to prepare applications for loans and loan servicing.
Class Members of the Keepseagle class action settlement include all Native American farmers and ranchers who:
* Farmed or ranched or attempted to farm or ranch between January 1, 1981 and November 24, 1999; and
* Sought, or attempted to seek, a farm loan from the USDA during that period; and
* Complained about discrimination to the USDA orally or in writing on their own or through a representative, such as a tribal government, during the same time period.
Excluded are claims of Class Members who either:
 
* Experienced discrimination only between January 1 and November 23, 1997; or
* Complained of discrimination only between July 1 and November 23, 1997.
Up to $760 million will be made available in monetary relief, debt relief, and tax relief to successful Keepseagle settlement claimants. There are two tracks for claims: Successful Track A claimants may receive up to $50,000; successful Track B claimants may receive up to $250,000. The USDA will also provide up to $80 million to forgive outstanding loans of qualifying Class Members who file a successful claim through Track A or Track B. If you have certain USDA loans you may be eligible for loan forgiveness as well as an additional payment made to the IRS of 25% of the loan forgiven to reduce any income tax you may owe.
To receive any benefits from the Native American Indian farmer class action settlement, you must submit a valid claim form no later than December 27, 2011
Claim forms and more information on your rights in the Keepseagle v. Vilsack Class Action Lawsuit Settlement can be found at www.IndianFarmClass.com.

 

We tell you about cash you can claim EVERY WEEK! Sign up for our free newsletter.

 

Updated August 2nd, 2011

 

All class action and lawsuit news updates are listed in the Lawsuit News section of Top Class Actions

LEGAL INFORMATION IS NOT LEGAL ADVICE
Top Class Actions Legal Statement
©2008 – 2010 Top Class Actions® LLC
Various Trademarks held by their respective owners.

Please note: Top Class Actions is not a settlement administrator or law firm. Top Class Actions is a legal news source that reports on class action lawsuits, class action settlements, drug injury lawsuits and product liability lawsuits. Top Class Actions does not process claims and we cannot advise you on the status of any class action settlement claim. You must contact the settlement administrator or your attorney for any updates regarding your claim status, claim form or questions about when payments are expected to be mailed out.

ATTORNEY ADVERTISING

1 Comment

  • Donna Hoyt February 14, 2013

    I have heard that they are going to open up the lawsuit again for women…is that a true story or rumor.

    Thanks

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

View all: