Class notice goes out this week in connection with settlement of Kimiya Young and Patricia Lee v Rudolph Incorporated, Sacramento Superior Court Case No. 34-2009-00064451. Kemnitzer, Barron & Krieg filed this class action against Rudolph Incorporated challenging its post-repossession practices. Rudolph will extinguish $1,761,322.31 in outstanding debt for each of the 385 settlement class members. The class is made up of consumers who purchased and financed a motor vehicle a pursuant to a retail installment sales contract that was assigned to Rudolph or its affiliates; whose vehicle was repossessed; and to whom Rudolph sent a deficiency notice between November 19, 2005 and December 13, 2011. The class excludes approximately 45 consumers who Rudolph sued and obtained a judgment before September 10, 2010. A handful of consumers (about 5) paid some amount of money toward the deficiency, and they will automatically get a full refund for the amount they paid.
All class members will receive the benefit of full debt relief and Rudolph promises to notify the credit reporting agencies that the negative trade line is to be deleted, thereby clearing the class members credit history of this alleged debt.
Final approval is expected later this spring.