NEW YORK, May 14, 2013 /PRNewswire/ -- Ally Financial Inc. (Ally) today announced that it has entered into a comprehensive plan support agreement with the Residential Capital, LLC (ResCap) estate and its major creditors to support a Chapter 11 plan in ResCap's Chapter 11 cases. The plan will settle all existing and potential claims between Ally and ResCap and all potential claims held by third parties related to ResCap that could be brought against Ally and subsidiaries that are not Chapter 11 debtors, except for securities claims by the Federal Housing Finance Agency (FHFA) and the Federal Deposit Insurance Corporation (FDIC), as receiver for certain failed banks. The plan support agreement and Chapter 11 plan is subject to approval by ResCap's Bankruptcy Court and definitive documentation. The parties have agreed under the plan support agreement to keep the terms confidential until the debtors file a motion to approve the plan support agreement, which is expected to occur next week.