No, it doesn't.
However, people breach contracts and commit crimes all the time and the victim, on his own, rarely has the power necessary to obtain redress.
Nobody is saying you don't have standing to sue or demand arbitration. You certainly do. But if the bank continues to stonewall you, you go ahead and file for arbitration. You don't need a lawyer for that, if you don't want one. You apparently have some experience with arbitration so you might actually be successful in getting the bank's attention.
If the people at the bank ignore your demand for arbitration you'll have to decide what to do next. A lawsuit for $30k is not something for small claims court. It gets very complicated. But if you can navigate the rules, more power to you.
I appreciate your response. But Zigner, absolutely was saying I don't have standing. And he/she seems very negative. Its really kind of a strange vibe he gives off. Like, ok, I'm going to help you with one small bit of advise. And if you don't like it and or what some further explanation, I'm going to go all, old man, stay off my grass on you.
But anyway, I digress. This was just the type of response I was looking for. I don't think the lawsuit would be anywhere close to 30k though. The lease car still has value, so it would boil down to what they would allege I would after after they auction it off. But I appreciate the response none the less.