Superior Court Of The State Of Washington In And For The County Of King
Case No.: 18-2-57761-6 SEA
If you had an account from King County District Court or Tacoma Municipal Court assigned to Transworld Systems Inc. (TSI) for collection between June 15, 2012 and November 1, 2016 you could be entitled to benefits under a class action settlement.
Paid in Full Class Members may submit a claim form to receive compensation for compounded interest or allegedly unauthorized collection fees. These claims will be paid out of a $1.7 million Settlement Fund established by TSI to pay all claims, attorneys’ fees and costs, class representative fee, and settlement administration costs under the Settlement. The awards to Paid in Full Class Members who submit claim forms vary depending on the origin of their debt and the charges they were assessed:
• Paid in Full Class Members whose claims arise from debts owed to KCDC and who were assessed interest on a compounding basis or assessed a collection fee allegedly not specifically authorized will receive up to $90.
• Paid in Full Class Members whose claims arise from debts owed to KCDC and who were assessed interest on a compounding basis and allegedly assessed a collection fee not specifically authorized will receive up to $180.
• Paid in Full Class Members whose claims arise from debts owed to Tacoma Municipal Court who were assessed a collection fee allegedly not specifically authorized will receive up to $15.
• These amounts are roughly three times the average damages that each Class Member allegedly suffered from the compounded interest and allegedly unauthorized collection fees.
• The amounts paid to Class Members will be reduced on a pro rata basis from the amounts stated above if the number of claims submitted, plus the fees and costs approved by the Court for Class Counsel, the named Plaintiff, and the Settlement Administrator, exceed the $1.7 million Settlement Fund.
• Class Members who had two or more affected accounts will receive double the final award amounts.
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