Generally, the benefit you receive will be based on the “Check Fees” that AllianceOne assessed. “Check Fees” are the sum of the collection costs, interest accruing before the entry of the Final Approval Order, attorney’s fees, treble damages, and court costs. “Check Fees” do not include handling fees of up to $40. AllianceOne will credit you for all unpaid Check Fees on the checks for which it sent an NOD between October 20, 2010 and March 17, 2017. Additionally, you will be entitled to a payment if you are in one of the two following groups:
Group 1: If between October 20, 2013 and March 17, 2017, AllianceOne sent you a Notice of Dishonor of Check in connection with a personal check that you wrote to the Washington Department of Licensing, you will receive a refund of 100% or more of the Check Fees you paid, and/or a statutory damages award, even if you have not paid money and still owe the check.
Group 2: If you are not in Group 1, and you paid Check Fees, you will receive a refund of 100% or more of the Check Fees you paid.
If you are not in Group 1 or Group 2, you will receive a credit for Check Fees, but will not receive any payment. If you have not paid the check and handling fee by the time the Court finally approves this Settlement, AllianceOne will begin assessing the statutory interest rate of 12% per year from the final approval date and will be free to commence attempting to collect any amounts lawfully due.