Lease Repo Law: Defective Notices May Mean Creditor Can’t Sue You After Repo

A new California Court decision clarifies that Lessors (Finance Companies the Consumer pays the monthly lease payments to) have to follow the California’s Vehicle Leasing Act, or they will not be able to come after consumers for money after the vehicle is repossessed and sold at auction. The case name is Flannery v. VW Credit, decided December 17, 2014. The VLA requires particular language to be used verbatim in the notices lessors send to consumers after repo. If your leased vehicle was repossessed, you should definitely get a qualified consumer lawyer to check these notices. The Hanson Law Firm, (858) 451-0291, will evaluate these notices at no charge.