Top Class Actions  |  April 29, 2010

Category: Closed Class Actions

Top Class Actions’s website and social media posts use affiliate links. If you make a purchase using such links, we may receive a commission, but it will not result in any additional charges to you. Please review our Affiliate Link Disclosure for more information.

This settlement is closed!

Please see what other class action settlements you might qualify to claim cash from in our Open Settlements directory!

Top Class Actions Logo

We’re sorry! This settlement is CLOSED!

No more submissions are allowed.

Please join the Top Class Actions Newsletter

list so you don’t miss out next time and head

over to the OPEN SETTLEMENTS section

to see what’s available!

 

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

 

Click here to skip the legal notice and go straight to the Top Class Actions article on this class action lawsuit settlement.

 

No Short Form/Legal Notice Available

 

Award (how much your claim may be worth): Each claimant will receive a portion of the $4,000,000 award after fees and class representative awards have been subtracted. It’s estimated that claimants will receive $49.61 each.

Class Action Lawsuit Settlement Case(s): Laverne Jones, Stacey Ness And Kerry Ness, Claimants v. Genus Credit Management Corporation, et al., Respondents, Case No.: 11 181 00295 05

 

Company(ies):  Genus Credit Management Corp. (Genus), North Seattle Community College Foundation (NSCCF), American Financial Solutions (AFS), InCharge Institute of America, Inc., Amerix Corporation, 3C Inc., FreedomPoint Corp., FreedomPoint Financial Corp., Ascend One Corp. and Bernaldo Dancel  American Financial Services

 

Website Link to access the Class Action Lawsuit Settlement and get YOUR Stake (SUBMIT YOUR CLAIM FORM HERE): www.JonesArbitrationSettlement.com

 

Address of Class Action Lawsuit Settlement Administrator to submit a claim form (OPTIONAL):

 

SETTLEMENT ADMINISTRATOR
JONES ARBITRATION SETTLEMENT
C/O STRATEGIC CLAIMS SERVICES
600 N. JACKSON STREET, SUITE 3
MEDIA, PA 19063

 

Phone Number to call for assistance:  1-888-308-4791

 

Details: The Genus Credit Counseling/Debt Management class action lawsuit alleges that Genus, the North Seattle Community College Foundation (NSCCF), American Financial Solutions (AFS) and other associated companies engage or engaged in credit counseling operations and violated consumer protection laws. Specifically, the Credit Counseling class action lawsuit alleges that Genus, NSCCF and AFS stated they were non-profit entities yet charged fees which were funneled directly and indirectly to for profit entities. This was done by paying shareholders, employees, executives of the non-profits who then used affiliated, for profit, companies to manage funds and call center operations. Thereby eating up all of the alleged “profit.”

Hundreds of thousands of consumers are included in the potential class yet very few are expected to submit a claim. It’s plausible that claimants in the Genus/American Financial Solutions credit counseling class action lawsuit will receive hundreds, or even thousands of dollars, per claim. The bulk of the $4,000,000 class action award will be split among claimants equally. If you were enrolled in a credit counseling or debt management program it’s quite possible it was through one of the companies included in this class action. Make sure to review the companies carefully and head over to www.JonesArbitrationSettlement.com and submit your claim now.

 

Purchased From: 4/01/2006 – 4/12/2010 ESTIMATED! Contact the Settlement Administrator or Class Counsel with any questions.

 

Claims Accepted Until (YOU MUST SUBMIT YOUR CLAIM BY THIS DATE!): 5/19/10

 

MORE DETAILS BELOW!

 

{loadposition content_inline}

 

 

Class Action Lawsuit Settlement Amount(s): $4,000,000 = 2,650,500 in Cash Benefits to Consumers (ESTIMATE) + $1,332,000 Attorney Fees and Expenses (ESTIMATE) + $7,500 for Class Representative Jones + $7,500 for Class Representative Ness + $2,500 for Class Representative Rawlings + $456,000 Settlement Administrator and Notification Costs

 

Settlement Administrator(s): Strategic Claims Services

 

Class Counsel:

 

G. Oliver Koppel
John F. Duane
Daniel F. Schreck
G. Oliver Koppell & Associates

 

Joseph S. Tusa
Paul C. Whalen
Whalen & Tusa, P.C.

Jack Sando, Esquire

Defense Counsel:

 

Craig S. Sternberg, Esq.
Aaron S. Okrent, Esq.
STE
RNBERG, THOMSON OKRENT & SCHER, PLLC

V. Lee Okarma Rees, Esq.
LAW OFFICES OF V. LEE REES

 

{loadposition content_emailadd}

 

LEGAL INFORMATION IS NOT LEGAL ADVICE
This site provides information about the law and class action lawsuit settlements designed to help users safely cope with their own legal needs. Legal information is NOT the same as legal advice – the application of law to an individual’s specific circumstances. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a lawyer if you want professional assurance that our information, and your interpretation of it, is appropriate to your particular situation. You should consider all postings or writings at TopClassActions.com by staff or others as personal opinion only and NOT the advice of a lawyer.
Top Class Actions Legal Statement

 

©2008 – 2010 Top Class Actions® LLC

Various Trademarks held by their respective owners.

 

6 thoughts onGenus Credit Debt Management and American Financial Solutions Credit Counseling Class Action Lawsuit Settlement

  1. Anonymous says:

    Genus Credit Debt Management and American Financial Solutions Credit Counseling Class Action Lawsuit Settlement
    We will each receive a check for 39.61 and it was sent out on October 21st

  2. Anonymous says:

    Genus Credit Debt Management and American Financial Solutions Credit Counseling Class Action Lawsuit Settlement
    I’m writing to check on my claim and to see if /or when I will receive a check.

  3. Anonymous says:

    Genus Credit Debt Management and American Financial Solutions Credit Counseling Class Action Lawsuit Settlement
    Would like to know how to check up on my claim. I have a claim number and wondering when I may recieve my money??

  4. Anonymous says:

    Genus Credit Debt Management and American Financial Solutions Credit Counseling Class Action Lawsuit Settlement
    PLEASE SEND ME INFO ON CLASS ACTION

  5. Anonymous says:

    Genus Credit Debt Management and American Financial Solutions Credit Counseling Class Action Lawsuit Settlement
    WOULD LIKE INFO ON THIS CLASS ACTION MATTER

  6. Anonymous says:

    Genus Credit Debt Management and American Financial Solutions Credit Counseling Class Action Lawsuit Settlement
    i would like to know the outcome of this class action lawsuit i have send in my info will someone please contact me about this matter thank you

Leave a Reply

Your email address will not be published. By submitting your comment and contact information, you agree to receive marketing emails from Top Class Actions regarding this and/or similar lawsuits or settlements, and/or to be contacted by an attorney or law firm to discuss the details of your potential case at no charge to you if you qualify. Required fields are marked *

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.