In 2013, the Vachon Law Firm initiated a lawsuit against Mercedes-Benz Financial Services which alleges that the financier of Mercedes-Benz automobile leases has a systematic practice of inflating the amounts included in the “Notices of Disposition” that it sends to consumers after repossessing their leased automobiles and prior to selling them at auction. In essence, the lawsuit is alleging that consumers who received post-repossession “Notices of Disposition” during the past five years (approximately) do not owe any deficiency balances to Mercedes-Benz Financial Services and are entitled to a refund of any deficiency balance amounts already paid.
If you (or any of your friends or family members) leased a Mercedes-Benz automobile that was repossessed at any time between January 1, 2009 and the present, then you (or the friend or family member who leased the vehicle) may be entitled to have your deficiency balance eliminated. Call the Vachon Law Firm immediately at 1-855-4-LEMON-LAW (1-855-453-6665) for more information.
Consumers Who Had Their Mercedes-Benz Automobiles Repossessed May be Entitled to the Elimination of Their Deficiency Balances
As summarized in this site’s lease repossessions page, California’s disclosure rules applicable to the repossession of leased automobiles are extremely strict. Under California’s Vehicle Leasing Act (Civil Code Section 2985.7 et seq.), prior to auctioning off a repossessed leased automobile the finance company must send the consumer lessee (i.e., the vehicle’s owner) a “Notice of Disposition” stating the total amount that he or she owes under the lease and itemizing the amounts of the specific charges that make up the total amount. California law also mandates that if a finance company fails to comply with its disclosure obligations, then it is prohibited from attempting to collect a deficiency balance on the lease.
Below is a picture of a sample Notice of Disposition. Click to enlarge it and see what Notices of Disposition look like.
What does all this mean? It means that if Mercedes-Benz Financial Services is attempting to collect a deficiency balance from you, you may be entitled to have the entire balance eliminated. It also means that if you paid any money towards the deficiency balance, you may be entitled to a refund of the entire amount that you paid.
Court Has Not Ruled on Previously-Filed Lawsuit
In the previously-filed lawsuit, California’s Orange County Superior Court has not yet ruled whether or not Mercedes-Benz Financial Services did anything illegal, and Mercedes-Benz Financial Services has denied all of the Plaintiff’s allegations and contends that it did nothing improper.
Click here to read more about the Vachon Law Firm’s lawsuit against Mercedes-Benz Financial Services challenging its repossession practices.
Call Vachon Law Firm As Soon As Possible to Discuss Your Mercedes-Benz Repossession
The fact that the Court has not issued a ruling on the previously-filed lawsuit against Mercedes-Benz Financial Services should not prevent you from contacting the Vachon Law Firm immediately. By the time that lawsuit is concluded it may be too late for you to assert the same type of claim.
So if you leased a Mercedes-Benz automobile that was repossessed in the last five years, you should contact the Vachon Law Firm as soon as possible. Waiting could damage your potential claim or eliminate it in its entirety. So call us today at 1-855-4-LEMON-LAW (1-855-453-6665). You can also contact us via email.