At the Genus Debt Management Class Action Lawsuit Settlement website at GenusCreditClassArbitrationSettlement.com, you will be able to find out if you are considered a class member. This means that you may be able to take part if you wish. You can do so if you were ina debt management plan provided by Genus or InCharge Institute of America or ICI from January 1, 1998 to May 7, 2009. Apparently Genus and InCharge Institute of America were providing untrue statements and claims about the debt management plans. It was stated that the plans would improve credit card ratings and credit scores. There were also other companies involved. They include American Financial Solutions and College Foundation. These two company however have settled claims against them.
The amount of the settlement for the Genus Debt Management Class Action Lawsuit Settlement is $4 million. If you wish to take part you must adhere to the strict deadlines which can be found at GenusCreditClassArbitrationSettlement.com. The deadline to submit your valid claim form is June 6, 2011. The deadline to object to the settlement is June 6, 2011. The deadline to exclude yourself from the settlement is also June 6, 2011. If you want your attorney to appear at the Fairness Hearing, you must submit a written request by June 7, 2011. The Fairness Hearing itself is on June 27, 2011. So do not miss these deadlines if you wish to take part.