Re: Unlawul Repossession of a Vehicle

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The vehicle was not one penny behind at the time of
repossession. The agreement I had with the finance company
was that if the payment was made any action would be stopped.
The payment was made as agreed, and the vehicle was taken 3
days later. And what about the damage?

On 5/16/06, M'sta Mikey wrote:
> On 5/15/06, Mary wrote:
>> I have a Honda Ridgeline which I purchased at the end of
>> last year. I get a little behind on the payments from
> time
>> to time - that's another story. I got very behind and in
>> April received a call from Honda Finance telling me they
>> inteded to repossess. I called them back and left a
>> message that I wanted to take care of the arrears right
>> away, but they did not call me back. The next day I
> called
>> again and someone tried to connect me to the person I'd
>> left the message for the night before, and I was instead
>> hung up on. I called back and someone else tried to
>> transfer me, then came back on the line (I think the
> person
>> who wanted to repossess my truck wouldn't talk to me!) In
>> any case, I spoke to this person, Eric, who told me if I
>> paid the arrears that day the vehicle would not be
>> repossessed. I went to Western Union and sent a "Quick
>> Collect" for the full amount of the arrears immediately.
>> This was on a Friday afternoon.
>>
>> The following Monday my truck was repossessed. It cost me
>> a day and a half, $535, gas, and etc., and when I finally
>> got the truck back my cds were all scratched and the rear
>> tail light and door were damaged.
>>
>> What is my recourse? Since the payment was made as
>> promised, I contend that Honda Finance had my car stolen.
>> Now, event though I'm current in payments, every time I
>> hear a noise at night I go to the window and make sure my
>> truck is still there. Every morning the first thing I do
>> Is check the carport. It's made me NUTS!
>>
>> I live in South Florida. Can anyone help me?
>
> Your contention that Honda stole the vehicle is incorrect,
> to say the least. First of all, it is THEIR vehicle, not
> yours. Secondly, by not making timely payments, you
> automatically breached your loan agreement - Read it, it
> will clearly state the consequences (e.g. repossession).
>
> Remember that if you fall one penny behind, they can take
> THEIR property.