- Report: #355529
Complaint Review: American Investment Bank
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| American Investment Bank
Salt Lake City, Utah U.S.A. |
|
American Investment Bank Fraudulent Car Title Salt Lake City Utah
*Consumer Comment: American Investment Bank, N.A. is no longer in business
*Author of original report: No Way To Find This Bank
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From Nov 1997 to Nov 1998 I spent time gathering up papers to file a bankruptcy while renting in an apartment complex. And so in April 1999 I was happy to find the local car dealer to sell me a 1997 Sebring convertible for about $21,000 and their finding me a loan of which currently I do not know whether it was American Investment Bank or not. However, my aunt died at that time and in what seemed to be about a year of legal executive resulted in my attorney of estate handing me my $50,000 inheritance check deposited into Johnson Bank in July 2000. Of this money, I immediately wrote check (or had Johnson bank print an electronic check) for $18,000 to pay it off. The result being, balance of zero was sent to me, statements stopped asking for payment, and I know somewhere I have a new title (I thought was in my glove box, unless stolen) with the loaning bank removed from it. A year goes by to June 2001 and there is no word from the bank or any other bank as would be expected of a paid debt. I then move within town, buying a house.
Two weeks ago in July 2008 my car died on the interstate at 60mph ceasing up the engine. I called a junk dealer and gave it to him, told him the title was in the glove box, it wasn't. And so he said I had to get a title to prove he didn't just grab someone's car. The DMV then tells me now in 2008 that in July 2000 (when i paid the car off) that American Investment Bank of Salt Lake City Utah put a lien on my car. (As if they had been sold my loan in the month I mailed $18,000.) I had nothing mailed to me for the year of residency in July 2000/2001 July, nor ever to my house, nor anything on my credit report. Nothing for 8 years on their part to prove anyone was ever billing me for anything. And I have seen my title many times since 2000 because there was a friend who (if my car had broken down near him in TN or near my own home, instead of 200 miles away) he wanted the car. So I am aware of my having received a tile with no lien on it. Yet the 2008 title copy claims this lien was put on 2000 July 15. Figure this one out. I feel it's a clue to everyone else out there possibly having leins put on titles. I am currently attempting to call up my 1999 credit record to see who my car loan was thru.
AIB rape victim
Kenosha, Wisconsin
U.S.A.
Two weeks ago in July 2008 my car died on the interstate at 60mph ceasing up the engine. I called a junk dealer and gave it to him, told him the title was in the glove box, it wasn't. And so he said I had to get a title to prove he didn't just grab someone's car. The DMV then tells me now in 2008 that in July 2000 (when i paid the car off) that American Investment Bank of Salt Lake City Utah put a lien on my car. (As if they had been sold my loan in the month I mailed $18,000.) I had nothing mailed to me for the year of residency in July 2000/2001 July, nor ever to my house, nor anything on my credit report. Nothing for 8 years on their part to prove anyone was ever billing me for anything. And I have seen my title many times since 2000 because there was a friend who (if my car had broken down near him in TN or near my own home, instead of 200 miles away) he wanted the car. So I am aware of my having received a tile with no lien on it. Yet the 2008 title copy claims this lien was put on 2000 July 15. Figure this one out. I feel it's a clue to everyone else out there possibly having leins put on titles. I am currently attempting to call up my 1999 credit record to see who my car loan was thru.
AIB rape victim
Kenosha, Wisconsin
U.S.A.
This report was posted on Ripoff Report on 07/25/2008 07:08 AM and is a permanent record located here: http://www.ripoffreport.com/r/American-Investment-Bank/Salt-Lake-City-Utah/American-Investment-Bank-Fraudulent-Car-Title-Salt-Lake-City-Utah-355529. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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American Investment Bank, N.A. is no longer in business
AUTHOR: Crystal - (U.S.A.)
SUBMITTED: Monday, October 06, 2008
I have struggled with my own 7 year battle with American Investment Bank, N.A.
What I discovered in the past month by doing online research is that American Investment Bank, N.A., home office in Salt Lake City, Utah liquidated their assets and voluntarily closed their doors in July of 2005.
I obtained this information by visiting the website of Office of the Comptroller of Currency and the website for Federal Deposit Insurance Corporation. Both of these websites contain information about American Investment Bank, N.A.
I went a step further and began doing research of actual court cases filed in Oklahoma District Courts involving American Investment Bank, N.A. and found that there have been no money judgments filed in court with American Investment Bank, N.A. as the plaintiff since they liquidated in July 2005. However, I did find two cases that have been filed that listed Cavalry Portfolio Services, LLC as Assignee of American Investment Bank, filed 1-15-2008. In the second case, Crescent Bank and Trust is listed as the assignee of American Investment Bank, filed 4-21-2006.
The same law firm that represented American Investment Bank, N.A. in January 2002 when a money judgment was filed against me is still the same law firm that continues to file "one time" garnishments against my checking account, which freezes my account, any and all funds are withdrawn and held by the bank. I always file a claim for exemption and request for a hearing. The attorney never shows up for court and I usually win by default and get my money back. However, it always puts me under a great deal of financial hardship trying to survive financially for the 2 to 3 weeks that it takes to get my money back.
I have researched my own particular case and it has come to my attention that the attorney who represented American Investment Bank at the time they won the money judgment against me have actually stepped up the frequency by which they file these "one time" garnishments against me ever since American Investment Bank, N.A. liquidated and voluntarily closed their doors.
The other thing that I discovered in the past month is that Cavalry Portfolio Services, LLC has been doing routine credit checks on me for the past 2 1/2 years, yet have not contacted me as to "why" they are checking up on me.
My own dilemma is that if I pay this law firm who claims they still represent American Investment Bank . . . who is really putting all my hard earned money in their pocket? The law firm? And then can I look forward to Cavalry Portfolio Services, LLC contacting me in the future to announce that I owe them money too for the same car that American Investment Bank repossessed and sold at half fair market value 8 years ago?
What I discovered in the past month by doing online research is that American Investment Bank, N.A., home office in Salt Lake City, Utah liquidated their assets and voluntarily closed their doors in July of 2005.
I obtained this information by visiting the website of Office of the Comptroller of Currency and the website for Federal Deposit Insurance Corporation. Both of these websites contain information about American Investment Bank, N.A.
I went a step further and began doing research of actual court cases filed in Oklahoma District Courts involving American Investment Bank, N.A. and found that there have been no money judgments filed in court with American Investment Bank, N.A. as the plaintiff since they liquidated in July 2005. However, I did find two cases that have been filed that listed Cavalry Portfolio Services, LLC as Assignee of American Investment Bank, filed 1-15-2008. In the second case, Crescent Bank and Trust is listed as the assignee of American Investment Bank, filed 4-21-2006.
The same law firm that represented American Investment Bank, N.A. in January 2002 when a money judgment was filed against me is still the same law firm that continues to file "one time" garnishments against my checking account, which freezes my account, any and all funds are withdrawn and held by the bank. I always file a claim for exemption and request for a hearing. The attorney never shows up for court and I usually win by default and get my money back. However, it always puts me under a great deal of financial hardship trying to survive financially for the 2 to 3 weeks that it takes to get my money back.
I have researched my own particular case and it has come to my attention that the attorney who represented American Investment Bank at the time they won the money judgment against me have actually stepped up the frequency by which they file these "one time" garnishments against me ever since American Investment Bank, N.A. liquidated and voluntarily closed their doors.
The other thing that I discovered in the past month is that Cavalry Portfolio Services, LLC has been doing routine credit checks on me for the past 2 1/2 years, yet have not contacted me as to "why" they are checking up on me.
My own dilemma is that if I pay this law firm who claims they still represent American Investment Bank . . . who is really putting all my hard earned money in their pocket? The law firm? And then can I look forward to Cavalry Portfolio Services, LLC contacting me in the future to announce that I owe them money too for the same car that American Investment Bank repossessed and sold at half fair market value 8 years ago?
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What's this? #2 Author of original report
No Way To Find This Bank
AUTHOR: Aib rape victim - (U.S.A.)
SUBMITTED: Friday, July 25, 2008
The Utah phone number the DMV gave me, which they presume was placed on the title in 2000, is now a 2008 psychic hotline. All sites I have tried online labeled as American Investment Bank have phones disconnected, or they transfer you to fraud report, or they are new service for other businesses. There are more reports of fraud against this named bank than there are sites to find out who did this to my car title.
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