Mikicagle
Broken Arrow,#2Author of original report
Fri, January 20, 2012
I do understand that the company owns the car until it is completely paid for-but we were making payments as were required by our contract. Our attorney's legal opinion is that while it is legal in California to file a repo title and take physical control of a vehicle if it is in a tow yard and is accruing daily fees-it is NOT legal in Oklahoma-California law does not supercede Oklahoma law.
The payments on the vehicle were debited from my checking account monthly so we have documentation that the payments were made timely-we also have statements from the company showing that we were current under our contract.
The Federal Fair Credit Reporting Act requires bars companies from placing untrue information on credit reports and also provides remedies to individuals who have had their credit unfairly impacted by false information. If this situation is not resolved satisfactorily and the company places untrue information on our credit report we have the option to file a lawsuit against the company. I have also been in contact with the office of Kamala D. Harris, California's attorney general, regarding this incident and will procede as appropriate depending upon the results of their investigation.
Ken
Colorado,#3Consumer Comment
Thu, January 19, 2012
property by taking physical ownership of it. You do KNOW, they own it until fully paid for?
I have no idea what legal action you plan on taking, class action or otherwise. What, in your LEGAL opinion, did they do that was unlawful? Have you provided their attorneys with YOUR legal opinion and do they concur with you?
IF you aren't upside down on your loan, you may get some money back from the lender, depending on the settlement with the insurance company.