Item 2.01 Completion of Acquisition or Disposition of Assets.

Ally Financial Inc. ("Ally") previously announced on May 14, 2012 (the "Petition Date") that the boards of directors of Residential Capital, LLC ("ResCap") and certain of its wholly-owned subsidiaries determined to file voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York. ResCap is a wholly-owned subsidiary of Ally.

Ally has determined that, as a result of the bankruptcy filing and beginning on the Petition Date, ResCap will be deconsolidated from Ally's financial statements. In connection with such deconsolidation of ResCap, Ally is filing herewith certain pro forma financial information, which is attached hereto as Exhibit 99.1 and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(b) Pro Forma Financial Information:

Unaudited Pro Forma Condensed Consolidated Financial Information are attached hereto as Exhibit 99.1, and are incorporated by reference herein.

(d) Exhibits:

The following exhibits are filed as part of this Form 8-K.

Exhibit No. Description of Exhibits
99.1 Unaudited Pro Forma Condensed Consolidated Financial Information

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