Obama's Economy

transunion being sued?

ok, basically transunion credit reporting agency is being sued for incorrectly reporting items that were included in bankruptcy and keeping them open. it caused people not to be able to get employment, mortgages, so on so fort (class action lawsuit) so today this statement is posted on the attorney’s website

Under the agreement, the three credit reporting agencies (TransUnion, Experian, and Equifax) agreed to establish a $45 million settlement fund. Late in 2009, the plaintiff’s trustee for the fund was supposed to send out notices, etc. to the participants in the law suit. The notices were supposed to go out prior to 2010. One would guess that the plaintiffs/trustees must now report to the court as to how the settlement/allocation fund is doing in terms of cash on hand, notices being sent, etc. On May 14 (this was pushed back a bit), the plaintiffs/trustees must meet in conference with the judge/court (and probably other interested parties) as to the status of the allocation fund (remaining funds, disbursements, etc.). Unluckily, the March report has not been posted, so short of obtaining this report, the actual topics to be discussed in the conference are speculation based on a reading of some of the documents on the web site.

You could, of course, drop an email to the court clerk/law clerk for the judge to see what is happening.

Insurer solvency woes could grow to S&L status. (savings and loan; PIA Conference Report): An article from: National Underwriter Property & Casualty-Risk & Benefits Management $5.95 This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on November 19, 1990. The length of the article is 1022 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchas…