The date for consumers to opt out of or file a claim in a Class Action Settlement between Ocwen, a mortgage servicing firm, and homeowners is rapidly approaching. The date set for potential class members to file a claim or opt out of the Settlement and file an individual claim is set for March 5, 2018.

Even though the settlement is anticipated to pay out less than $100 per claimant, it does provide for future injunctive relief. By filing a claim, if Ocwen continues to make automated calls to a consumer’s cellular telephone, Ocwen has agreed to pay between $1,000 and $1,500 per phone calls. By contrast, if an individual can prove a violation of the Telephone Consumer Protection Act (TCPA), that person could be entitled to $500 to $1,500 per phone call received in violation of that statue.

The class definition covers certain consumers who were contacted by Ocwen between Oct. 27, 2010 and Oct. 6, 2017. If you believe you are included in this class, it is important to check on https://www.ocwentcpasettlement.com.

If you would like to discuss a potential Telephone Consumer Protection Act case, please contact Jeff Price, a lawyer in our firm, at 800-898-2034 or by email at Jeff.Price@beasleyallen.com.

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