- Jurisdiction
- California
I signed a lease agreement in 2016 for a vehicle in California and the vehicle was repossessed in 2018. I maintained open communication with the finance company in regards to my financial position and inability to pay the full monthly amount. They declined my offer and voluntary repossession and suggested I sell the vehicle. I was unsuccessful in selling the vehicle and soon found out they took measures to repossess the vehicle.
According to the Department of Consumer Affairs in the state of California, the vehicle was illegally repossessed from a private and secured area. The company that repossessed the vehicle is located in California, however they are no longer licensed and have consolidated with another organization. The company that hired the repossession company is located in Texas and the company that financed the vehicle is located in New York. However, I no longer reside in the state of California.
1. Do I have a case to recoup cost or expenses associated with the loss of this vehicle?
2. What are the statue of limitations?
3. If I have a case, what state do I pursue this in?
4. Are there additional factors that I must consider? If so, please explain.
Thank you . . .ts
According to the Department of Consumer Affairs in the state of California, the vehicle was illegally repossessed from a private and secured area. The company that repossessed the vehicle is located in California, however they are no longer licensed and have consolidated with another organization. The company that hired the repossession company is located in Texas and the company that financed the vehicle is located in New York. However, I no longer reside in the state of California.
1. Do I have a case to recoup cost or expenses associated with the loss of this vehicle?
2. What are the statue of limitations?
3. If I have a case, what state do I pursue this in?
4. Are there additional factors that I must consider? If so, please explain.
Thank you . . .ts