Every dollar amount and date on this page is quoted from the official settlement document.
BMO Bank - Repossession Notices (Wisconsin)
Court case: Ean J. Tobiason v. BMO Bank, N.A.
If BMO Bank, N.A. repossessed your vehicle in Wisconsin between April 22, 2021 and February 11, 2026 and then sent you a Notice of Sale, you're likely covered by Tobiason v. BMO Bank, N.A. (Case No. 2024CV003245, Milwaukee County Circuit Court). BMO is putting $850,000 into a settlement fund and waiving roughly $2,098,679.43 in deficiency balances; each participating class member should get a check for approximately $1,034.00, mailed automatically with no claim form. You keep your rights only if you opt out or object by June 17, 2026 — a final approval hearing is set for July 17, 2026.
Official eligibility wordingPersons who, during the three-year period before the Complaint was filed through February 11, 2026, had a vehicle installment finance agreement held by BMO with personal property as collateral, had that property repossessed in Wisconsin by BMO or its agents, have not obtained a bankruptcy discharge on the loan, and were sent a Notice of Sale by BMO. Checked against the official settlement source by SettleSignal on September 20, 2026.
Key facts
- Who may qualify You're covered if, between April 22, 2021 and February 11, 2026, BMO Bank, N.A. held a vehicle installment loan on you with your personal property as collateral, repossessed that property in Wisconsin (directly or through an agent), you never received a bankruptcy discharge on the loan, and BMO sent you a Notice of Sale afterward. The case covers roughly 269 accounts. If you received a settlement notice, the administrator has already identified you as a class member.
- Estimated payoutApproximately $1,034.00 per Settlement Check to each participating Class Member, paid pro rata after attorneys' fees, costs, and administration expenses
- Proof requiredNo
- What you needNothing to file. If BMO's records show you meet the class criteria, your Settlement Check is mailed automatically to the address on file for the primary borrower on your loan — you don't need to submit a claim form or any proof to receive it.
- CourtCIRCUIT COURT IN THE STATE OF WISCONSIN, MILWAUKEE COUNTY
Important dates
Verify it yourself
How we verified this record
- Payout details Sep 20, 2026
- Eligibility Jun 16, 2026
- Proof requirement Sep 14, 2026
- Administrator Jun 17, 2026
- Court case Sep 14, 2026
- Payment status Sep 14, 2026
- 2 fields queued for re-check
3 official sources linked to this record.
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Eligibility summary Quoted in the official eligibility wording above ↑
Verified Jun 16, 2026
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Proof requirement
No
Verified Sep 14, 2026
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Payment status
Final approval pending
Verified Sep 14, 2026
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Estimated payout
Approximately $1,034.00 per Settlement Check to each participating Class Member, paid pro rata after attorneys' fees, costs, and administration expenses
Verified Sep 20, 2026
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Administrator
American Legal
Verified Jun 17, 2026
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Court
CIRCUIT COURT IN THE STATE OF WISCONSIN, MILWAUKEE COUNTY
Verified Jun 20, 2026
Show all 8 more verified fields
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Objection deadline
June 17, 2026
Verified Sep 20, 2026
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Opt-out deadline
June 17, 2026
Verified Sep 20, 2026
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Automatic refund
Yes — automatic, no claim needed
Verified Sep 14, 2026
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Class period start
April 22, 2021
Verified Sep 14, 2026
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Class period end
February 11, 2026
Verified Sep 14, 2026
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Court case number
2024CV003245
Verified Sep 14, 2026
This case is currently pending in the Circuit Court for Milwaukee County, Wisconsin and is known as Ean J. Tobiason v. BMO Bank, N.A., Case No.: 2024CV003245.
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No-claim explanation
The Settlement Check is mailed directly to the Class Member's address as the primary obligor on the Loan Agreement; no claim form is described.
Verified Sep 14, 2026
The Settlement Check will be sent to the address of the Class Member who is the primary obligor on the Loan Agreement.
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Case name
Ean J. Tobiason v. BMO Bank, N.A.
Verified Sep 14, 2026
This case is currently pending in the Circuit Court for Milwaukee County, Wisconsin and is known as Ean J. Tobiason v. BMO Bank, N.A., Case No.: 2024CV003245.
Where to act
No claim form is needed — American Legal issues this refund automatically; confirm your eligibility and contact details on the official source.
