Bankruptcy Law Center Helps San Diego Residents Navigate $185 Million Wells Fargo COVID Forbearance Settlement

San Diego, CA, March 26, 2025 —

Bankruptcy Law Center (BLC) is providing crucial guidance to San Diego residents who may be eligible for compensation under the landmark $185 million Wells Fargo COVID Forbearance Settlement. Led by attorneys Ahren Tiller and Brett Bodie, the firm is helping affected borrowers understand their rights and navigate the claims process in this significant class action resolution.

Understanding the Settlement

The settlement stems from a federal class action lawsuit (In re Wells Fargo COVID Forbearance Settlement Litigation, Case No. 2:24-cv-01026-MHW-EPD) that alleged Wells Fargo placed customers into mortgage forbearance programs during the early days of the COVID-19 pandemic without proper informed consent. Many customers who received these forbearances didn’t want them and suffered consequences including credit denials and increased interest rates on new credit applications.

“We’ve been working with clients who discovered unexpected forbearance entries on their credit reports that they never requested,” said attorney Ahren Tiller. “This settlement provides an opportunity for those harmed by these practices to receive compensation and clear their credit records.”

Who May Be Eligible

The settlement potentially affects Wells Fargo mortgage customers who:

• Received a forbearance during the COVID-19 pandemic without explicitly requesting it
• Experienced credit denials or increased borrowing costs as a result
• Had forbearance entries appear on their credit reports without their knowledge

Attorney Brett Bodie explained, “Many of our clients had no idea they were placed in forbearance programs. They only discovered it when applying for new credit or refinancing their homes. This settlement acknowledges that borrowers should have been properly informed before any forbearance was implemented.”

How Bankruptcy Law Center Can Help

BLC is offering personalized consultations to help San Diego residents:

• Determine if they qualify for settlement benefits
• Navigate the claims filing process
• Understand the impact on their credit reports
• Explore additional legal options if needed

“We’re here to make sure our community understands their rights and doesn’t miss out on compensation they deserve,” said Tiller. “The settlement process can be complex, but we’re committed to helping every eligible person get the relief they’re entitled to.”

Settlement Details and Next Steps

The $185 million settlement received preliminary court approval, with a final approval hearing scheduled. Class members have specific deadlines to:

• File claims for compensation
• Object to the settlement terms
• Opt out of the settlement

For detailed information about the settlement, claim forms, and deadlines, affected individuals can visit the official settlement website at www.wellsfargocovidforbearancelitigation.com or contact the Settlement Administrator at (888) 204-8399.

Taking Action

San Diego residents who believe they may have been affected by Wells Fargo’s forbearance practices are encouraged to:

1. Review the settlement website for eligibility requirements
2. Contact Bankruptcy Law Center for a free consultation
3. File claims before the deadline to preserve their rights

“This settlement represents justice for borrowers who were put in forbearance programs without their knowledge or consent,” said Bodie. “We’re proud to help our community access the compensation and credit repair they deserve.”

About Bankruptcy Law Center Bankruptcy Law Center is San Diego’s leading bankruptcy law firm, having successfully filed thousands of bankruptcy cases for consumers. With decades of combined experience in bankruptcy law and consumer financial protection, the team handles complex financial problems regardless of their origin. The firm is committed to providing compassionate, clear guidance to help San Diego families reclaim their financial freedom.

Contact Information For a free consultation about the Wells Fargo settlement or other financial legal matters:

Phone: 800-551-7922
Website: www.bankruptcyattorneys.org
Email: [email protected]
Address: 1230 Columbia St. #1100, San Diego, CA 92101

Settlement Resources:

• Official Settlement Website: www.wellsfargocovidforbearancelitigation.com
• Settlement Administrator: (888) 204-8399
• Claims Administrator Address: Wells Fargo COVID Forbearance Litigation Settlement Administrator, P.O. Box 2794, Portland, OR 97208-2794