If you have been injured as a result of Suntrust Bank’s negligence, this article is for you. You are probably aware that a Suntrust Class Action Lawsuit can be filed against any company that engages in Suntrust Bankruptcy Fraud. Suntrust is a very large US Bankruptcy Company. A class action lawsuit can be filed when a corporation engages in an act of fraud, causing injury to a class of individuals. Another example is a phone or banking company practicing illegal conduct against some of its clients. In either case, a class action lawsuit can be filed.
When there is direct notice of a fraudulent act, that act must have been in place for at least two years, or more, before the class action lawsuit can be brought.
The direct notice requirement of the Class Action Lawsuit rule is designed to protect consumers from companies like Suntrust Bankruptcy Fraud. To make sure that there is direct notice, class action lawsuit checks are sent out by certified mail, with a request that the recipient return the check for a proof of date. The check should be returned with a request for further information regarding the lawsuit and if that request is not satisfied, the lawsuit check should be returned undeliverable. There should be a delivery and return address on the check.
At no point should the check contain an amount that is greater than ten thousand dollars. Suntrust Bankruptcy Fraud is often committed by a company that is insolvent; therefore, the amount on the Suntrust Class Action Settlement Checks should never exceed ten thousand dollars. Additionally, the funds should be regularly disbursed to all class members. It is recommended that the disbursement amount is done periodically, especially if the case is settled out of court.
In order for Suntrust Bankruptcy Fraud to be filed against an individual or entity, there must be proof of negligence on the part of the insured.
An example of negligence would include failing to provide adequate maintenance on the property that is used as collateral. Another example of negligence would be failing to adequately train employees on the proper way to use safety equipment. In order to file a class action lawsuit against a company like Suntrust Bankruptcy Fraud, the required proof of negligence has to be presented in order to establish a case.
Another way for a Suntrust Bankruptcy Fraud to be handled would be through individual classes action lawsuit checks.
In this case, there would be one class member that would fund the lawsuit. Once a settlement amount is reached and the class member receives his/her payment, the case will be closed. Thereafter, the remainder of the group of class members will receive their agreed upon settlement amount.
This way, a large number of people who might not otherwise have been able to afford a lawsuit can do so.
However, because these are individual class action settlement checks, there is still a possibility that the checks could be fraudulent. In order to avoid having your entire check declared invalid, there are some things that you can do to ensure that your checks do not become defrauded. For instance, you should make it a point that you personally sign each and every class action settlement check you receive.
You should also check the paper work associated with the checks before handing over any monies to the company.
Check for any discrepancies, to ensure that the checks are actually legitimate. If there are any discrepancies, you should advise the Suntrust Bankruptcy Fraud Attorney who is handling your case and give him/her instructions to investigate the discrepancy. The attorney may then go forward to have the check certified.
Another way to keep your Suntrust class action lawsuit payments from becoming defrauded is to make sure that you provide the correct information to the company when it is time to submit a claim. Most of the time, a debtor submits their claim online. It therefore becomes important to submit information to the company in a proper manner. As such, you should always provide the following information: name of the borrower; date of birth; social security number; state or county of residence; driver’s license number if necessary; and loan amount if any.