QUESTION
auto lender holding 30,000 in dealer funds
Asked on Apr 03rd, 2014 on Breach of Contract - Texas
More details to this question:
A sub prime auto financial company has terminated our contract. They are holding titles and funds until we buy-back a vehicle title that the company had yet to originally funded. What kind of protection or help can we obtain to receive a large chunk of our funds.
1 ANSWER
Wills and Estate Planning Attorney serving Sugar Land, TX
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Law Offices of Kimberly D. Moss, PLLC
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I could use more information about your business and the nature of your agreement with the auto financial company. Why are they holding on to your titles? How long have you been business partners with these people? Did something change in your business relationship? Did your contract address this potential situation?
Answered on Apr 07th, 2014 at 1:18 AM