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Oakland County, Michigan Tax Foreclosure Settlement

Settlement Structure: Claims Made

Active: Open

Case Summary:

Oakland County, Michigan is spending $38 million to settle a class action alleging that when it foreclosed on properties for taxes owed, if the sale brought in more than the owed amount, it did not refund the difference to the former owner. The complaint alleged that it should have kept only the owed amount and returned the rest to the former owner.

Docket Number:

20-cv-12838

Company: Oakland County, Michigan

Filing Deadline: December 15, 2022

Class Period: June 8, 2009 to July 17, 2020

Objection Deadline: November 18, 2022

Exclusion Deadline: November 18, 2022

Final Approval Hearing: November 22, 2022

Proof of Purchase:

You must provide proof of your identity, with a copy of a driver’s license or other government-issued identification.

Eligibility:

You may be eligible if you owned real property in the County of Oakland, Michigan, your property was foreclosed for nonpayment of taxes owed under the Michigan General Property Tax Act, MLC 211.78 et seq., the property was sold at tax auction for more than the amount you owed in unpaid taxes, interest, penalties, and fees, and the surplus amount was not refunded to you; and this took place between June 8, 2009 and July 17, 2020.

Former property owners who filed their own post-foreclosure civil lawsuits which have become final or otherwise settled with Oakland County are excluded.

Typical Settlement Amount:

The net settlement fund will be distributed as follows:
- If the total claims by class members are equal to or less than the amount in the net settlement fund, you will receive 100% of the amount of the surplus on your property’s sale.
- If the total claim by class members are more than the amount in the settlement fund, you will receive a pro-rata (proportional) share of the net settlement fund.
- If fund are left after the 100% payment of the amounts owed, you may receive a payment of interest on your share.
Payments will be reported to the Internal Revenue Service.

Total Settlement Amount: $38 million

Class Representative Proposed Incentive Fee:

Up to $10,000

Law Firm:
Law Offices of Aaron D. Cox

Claim Form: Oakland County Settlement Claim Form

Case Name: Bowles v. County of Oakland, et al.

Settlement Website: Oakland County Settlement Website

Claims Administrator:
Simpluris, Inc.

Claims Administrator Contact Information:

Bowles v. County of Oakland
c/o Settlement Administrator
PO Box 25188
Santa Ana, CA 92799
info@OaklandCoSettlement.com

Tags: Foreclosure, Less Than Full Proceeds of Sale, Property Sale for Unpaid Taxes