- Report: #114791
Report - Rebuttal - Arbitrate
Complaint Review: Lobel Financial
Lobel Financial1150 N. Magnolia Avenue Anaheim, California U.S.A.
Lobel Financial Wrongful repossession of vehicle ripoff Anaheim California
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On 10/11/04 Lobel Financial repossed my car from the impound and did not contact me until after they had done so. Although my payment was due on the 26th of the month I was told that I have until the 21st of the following month to pay. I always paid my note on the 15th. I received a letter from from the tow yard notifying me that a lien would be placed on the car and that I had until 11/11/04 to retrieve my car.
Lobel sent me a letter stating that I had until 10/27/04 to get my car or they would be selling it. When I contacted Lobel to find out the total to retrieve my car on 10/26/04, I was told that they had already moved my car to the auction yard in Anaheim. They still would not release the car to me until the 30-day hold was removed. And this would not be done so until 10/29/04, which is two after before I could reposses the car.
Now they tell me that all I have to do is pay the fees and provide them with six references and then I could pick up my car. They never gave me the opportunity to pick up my car before it was even moved. Is this legal and what rights do I actually have.
This report was posted on Ripoff Report on 10/26/2004 09:58 PM and is a permanent record located here: http://www.ripoffreport.com/r/Lobel-Financial/Anaheim-California-92803/Lobel-Financial-Wrongful-repossession-of-vehicle-ripoff-Anaheim-California-114791. 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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