Settlement Structure: Claims Made
Active: Closed
Closed Settlement Statement:
According to court documents, the claim submission deadline has passed. Please contact the claims administrator if you have any questions.
Case Summary:The City of Philadelphia is settling a class action alleging that its Sheriff did not always returns excess proceeds from foreclosure sales to the former property owner. Normally, if the proceeds from a foreclosure sale exceed the amount of the owed mortgage, sale costs, and liens, the excess proceeds left over after these costs were paid were given to the former property owner. The complaint alleged that when the foreclosing creditor was the winning bidder, the city sometimes did not collect the full amount of the bid but allowed the creditor to pay only the amount of the judgment and sales costs, depriving the former property owner of the excess proceeds. According to the complaint, this was against Pennsylvania law.
Docket Number:2:15-cv-01429-JS
Company: City of Philadelphia, Pennsylvania
Filing Deadline: October 7, 2022
Class Period: January 1, 2011
Objection Deadline: August 23, 2022
Exclusion Deadline: August 23, 2022
Final Approval Hearing: September 7, 2022
Proof of Purchase:If you received a Notice in the mail, it should have included a pre-filled-out Claim Form. You do not have to provide proof to receive this amount.
Eligibility:You may be eligible if you owned real property in Philadelphia and it was foreclosed on and sold by the City in a sheriff sale, since January 1, 2011, to the executing creditor (that is, the mortgage issuer). If the winning bid was greater than the mortgages or liens and costs of the sale, and you did not receive the excess, you may be entitled to a payment. If there were no excess proceeds from your property’s sale, then you do not have a claim under this settlement.
Typical Settlement Amount:The undistributed excess proceeds will be distributed to the class members, with the average being $7,586. If there is not enough money left in the settlement fund to pay the actual damages, amounts will be reduced by a proportionate amount.
Total Settlement Amount: $950,000
Class Representative Proposed Incentive Fee:$2,500
Law Firms:
Law Offices of MacElree Harvey, Ltd.
Law Offices of William Wilson, The
Levin Sedran & Berman
Claim Form: Butterline v. City of Philadelphia Claim Form
Case Name: Butterline v. City of Philadelphia
Settlement Website: Butterline v. City of Philadelphia Website
Claims Administrator:
Continental DataLogix, LLC
Settlement Administrator
Butterline v. City of Philadelphia
c/o Settlement Administrator
P.O. Box 16
West Point, PA 19486
questions@PhilaForeclosure.com
877-882-1011