Lou Budke’s Arrow Finance Co.

Settlement for borrowers who received repossession notices from Lou Budke’s Arrow Finance Co. but were allegedly not properly notified according to legal requirements.

This class action settlement addresses claims that Lou Budke’s Arrow Finance Co. failed to provide proper presale or post-sale repossession notices to borrowers who pledged personal property as collateral. Eligible borrowers may receive varying compensation based on their individual circumstances.

• Borrowers with a loan or finance agreement with Lou Budke’s Arrow Finance Co. involving personal property as collateral.
• Those who received a presale or post-sale repossession notice from the company.
• Excludes borrowers with a final deficiency judgment against them.
• Excludes borrowers who filed for bankruptcy after their presale notice date and whose bankruptcy ended in discharge.