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1. I requested a check reissue, when will I receive it?
All remaining uncashed payments are being held by the Settlement Administrator for a period of time known as the dormancy period before remitting to states as unclaimed property. During this period, the Settlement Administrator will be reissuing requested replacement checks monthly until the uncashed funds have been remitted to your state’s unclaimed property department through escheatment. If you made your request more than two months ago and have not received your check, please submit another reissue request.
2. I found/received my original check. Should I cash the original check?
No. The deadline to cash any check issued on or before May 28, 2021 has passed. If you receive or find that check dated on or before May 28, 2021, it should be destroyed. If you attempt to deposit or cash this check, it will be returned as a stopped item and the person or bank that accepted the check may charge you a fee.
3. Can you reissue my check in a different name?
If your name has changed, you may submit a written request for a reissued check in your new name. In the body of your written request, please include the wording “request for a reissued check.” Please include with your request documentation of your name change, such as a copy of your marriage certificate, divorce decree, or driver’s license.
You may mail your request and documentation to the Settlement Administrator at the following address:
SETTLEMENT ADMINISTRATOR
PO BOX 2594
FARIBAULT MN 55021-9594
The request for your check to be reissued will be processed when your documentation is received.
4. My check was issued in the name of my business, can you reissue it in a different name (personal or business)?
If you want the check reissued, you may submit a written request for a reissued check. In the body of your written request, please include the wording “request for a reissued check.” If your claim was filed for a business account, please provide the business name and address, and include documentation of proof of ownership of the business as well as proof the business was closed. (Example: “Dissolution of the business” or "Articles of dissolution").
You may mail your request and documentation to the Settlement Administrator at the following address:
SETTLEMENT ADMINISTRATOR
PO BOX 2594
FARIBAULT MN 55021-9594
The request for your check to be reissued will be processed when documentation is received.
5. The original check recipient is deceased, can you reissue it in my name?
If the customer receiving the settlement check from the settlement passed away, you may submit a written request for a settlement check reissued to the Estate of the deceased or in a new name.
In your written request, please include the words “request for name change due to deceased account holder and a reissued check,” please provide your name and current address, and the deceased account holder’s name and address. Please also include a copy of the death certificate, an explanation of your relationship to the deceased account holder, and copies of any Court documentation you may have (for example, a copy of a Will, Small Estate Affidavit or Probate Registered Court documents) supporting your right to the funds.
If a copy of the death certificate is provided, we will issue the payment to “The Estate of the Deceased” unless you request a name change and provide evidence that you are the person authorized to act on behalf of the deceased. If you do not have additional documentation, we can provide a Declaration and Indemnity Agreement that you can complete and return to authorize the name change on the check.
You may mail your request and documentation to the Settlement Administrator at the following address:
SETTLEMENT ADMINISTRATOR
PO BOX 2594
FARIBAULT MN 55021-9594
The request for your check to be reissued will be processed when documentation is received.
6. What is escheatment?
Escheatment is the transfer of abandoned funds to the state where the recognized owner is last known to reside. Escheatment helps to ensure that property always has a recognized owner.
7. Why are uncashed funds being escheated?
The parties in the Settlement determined that uncashed payments should remain available to Eligible Settlement Class Members (or their rightful heirs), through their states’ escheatment processes, and the court overseeing the settlement approved that process.
8. How soon will I be able to get my funds under the escheatment process?
All remaining uncashed payments are being held by the Settlement Administrator for a period of time known as the dormancy period, which varies by state between 1 year and 5 years, before remitting to states as unclaimed property. During this dormancy period, if you are an Eligible Settlement Class Member with an uncashed Settlement Payment, you may claim your payment from the Settlement Administrator. To do so, you must send a written request, either via email to info@wfsettlement.com or via U.S. Mail to: Wells Fargo Unauthorized Accounts Settlement, P.O. Box 2594, Faribault, MN 55021-9594.
Your written request must contain: your full name, your current mailing address, your phone number, and your email address. In addition, provide all of your prior mailing address(es) since you originally submitted the settlement claim form, if any.
If your uncashed funds have not yet been remitted to your state’s unclaimed property department through escheatment, the Settlement Administrator will issue you a replacement check.
9. How do I get my unclaimed property from the state after the dormancy period?
Eligible Settlement Class Members should refer to their state’s unclaimed property division for details related to the state’s escheatment process to claim their funds. States and provinces act as the custodians of property until owners claim it. In most cases, states do not charge a fee for claiming unclaimed property. Some people and companies, known as heir finders or locators, will try to charge up to 50 percent for helping people claim funds. Rather than pay service providers, individuals can check for unclaimed property and funds using MissingMoney.com for participating states (which includes all states except Arkansas, California, Connecticut, Delaware, Georgia, Hawaii, Illinois, New York, Oregon, South Carolina, and Wyoming) or work directly with the unclaimed property division of their state or province.
10. What does a state do with escheated funds if a borrower does not request payment of their funds?
States and provinces act as the custodians of property until owners claim it. There is no time limit within which eligible individuals must request unclaimed funds under the state's unclaimed funds processes.
11. I have more questions about the Settlement.
You may contact Class Counsel at 1-888-684-6570, via email at WFClassCounsel@kellerrohrback.com or by writing to: Keller Rohrback L.L.P., 1201 Third Avenue, Suite 3200, Seattle, WA 98101.
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