TERRELL BAILEY v. ALLIANCE CREDIT UNION Settlement
Checked October 15, 2026 against the official notice · Edited by Ferhat Abdullahoglu
Free to check. We remind you before deadlines. You file on the official site.
If you had property repossessed by Alliance Credit Union and received a pre-sale or post-sale notice, you may be eligible for benefits from a class action settlement. You could receive a cash payment, a write-off of deficiency balances, and deletion of negative credit information from your credit report.
Who qualifies
- From August 25, 2017.
- Anywhere in the United States.
- Most people in the class got a notice by mail or email with a Claim ID.
“All persons to whom ACU mailed a pre-sale notice or post-sale notice on or after August 25, 2017 (the “Class”).”From the court-approved notice
What you can get
Cash payment
from a $500,000 fund
Proof: None
Deficiency balance write-off
at least $3,690,399.26 in total
Proof: None
Credit report deletion of deficiency balance information
Proof: None
These are the amounts the settlement publishes. Shares of a fund depend on how many people file: what pro rata means.
How to file
There's nothing to file: class members are paid automatically once the settlement is final.
Key dates
When settlements pay, and what can delay it.
Is this settlement legit?
Yes. It's a court-approved class action settlement in the Circuit Court of the City of St. Louis - State of Missouri (case 2322-CC09369), run by Bailey v ACU. The official site is acuclassaction.com. You never pay to file a claim. How to check a settlement notice.
Related settlements
ClaimWell summarizes the official notice so it's easier to read. It isn't legal advice; the official settlement site is the authority on who qualifies and what each claim pays.