Saturday, October 24, 2009

Are you requiered to submit the proof of claim for a class action lawsuit?

My father just received a form for proof of claim again NovaStar Inc., which is under a class action lawsuit. Is it mandatory to submit the information we are being asked for or can we ignore it if we do not want to be part of it?
Answers:
No, you do not have to submit anything, but you will not be able to collect anything from the judgment if you do.
You can ignore it if you don't want to participate in the class action suit.
Doesn't sound like a class-action suit to me ... a proof of claim is usually just for bankruptcy cases, it might be some case that you're already part of and will get a settlement check from.
Re-read the document and contact the office of the attorney who filed it.

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