Automobile Contract

Client had sought a title loan from a local dealership. Rather than giving the client a title loan, the dealership and lender together transferred ownership of the vehicle to them and resold the vehicle to the client at finance rates which were well above what Florida law permits. The dealership and lender took advantage of the client’s elderly status and continued to harass the client regarding her timely payments of the loan. Ultimately the lender repossessed the vehicle alleging that the client was behind on her weekly car payment, even though she provided proof of payment from her bank. After repossessing the vehicle, both the lender and dealership refused to have communications with the client regarding her vehicle. The lender subsequently sold the vehicle and kept the surplus of over $10,000.00 from the sale of the vehicle. After making multiple attempts to contact the lender and the dealership regarding the client’s vehicle, our law firm filed suit on the client’s behalf. Shortly after filing suit the parties entered into settlement negotiations. The law firm was able to negotiate the return of the full value of the vehicle at the time of the loss plus costs for the client’s personal belongings. In addition, the lender agreed to forego the remainder of the loan balance.