- December 11, 2023
- Posted by: legaleseblogger
- Category: Related News
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AI LEGALESE DECODER: A SOLUTION FOR DISPUTED VEHICLE TRADES
I. BACKGROUND
A month ago, I completed a vehicle trade-in transaction with a dealership. Since then, I have been receiving letters of default from the lien holder of the traded-in vehicle. Despite the dealership’s assurance that they have sent the payment to the bank, the bank claims to have not received any payment.
II. CURRENT SITUATION
Despite my repeated inquiries, the dealership has not provided a satisfactory resolution to this matter. They have promised to look into the issue and get back to me, but I have not received any follow-ups from them in the past week.
III. AI LEGALESE DECODER
AI Legalese Decoder can help in situations like this by providing a clear analysis of the legal implications of the trade-in transaction and the potential responsibilities of each party involved. This AI tool can also assist in decoding complex legal jargon and contracts, helping to uncover any clauses or provisions that may impact the current situation.
IV. AVAILABLE OPTIONS
Given the situation, I am left wondering about the available options to address this issue. Despite no longer owning the vehicle, the unresolved payment and default letters from the lien holder are causing undue stress and potential damage to my credit.
In this scenario, AI Legalese Decoder can help to identify any contractual obligations and legal recourse available to me as a consumer. By utilizing this tool, I can better understand my rights and options for seeking a resolution to this matter.
V. CONCLUSION
In conclusion, the use of AI Legalese Decoder can provide valuable insights and guidance in navigating complex legal disputes such as disputed vehicle trades. It can empower individuals to make informed decisions and take appropriate action to protect their rights and interests in such situations.
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Original Content:
“As technology continues to advance, the legal field is tasked with keeping up with new developments, including the use of artificial intelligence. One area where AI is making an impact is in the generation of legal documents, contracts, and other legal materials. However, the use of AI in legal work can result in complex and convoluted language that is difficult for non-legal professionals to understand. This can lead to misunderstandings and misinterpretations, which can have serious consequences in legal proceedings. As a result, there is a growing need for tools and resources that can decode AI-generated legal documents and translate them into plain language that is accessible to a wider audience.”
Double Length Content:
The rapid advancement of technology has brought about significant changes in the legal field, particularly with the integration of artificial intelligence (AI) into legal processes. One of the key areas where AI is making a substantial impact is in the generation of legal documents, contracts, and other legal materials. While AI has proven to be valuable in automating and expediting these processes, it has also led to the production of complex and convoluted language that poses challenges for non-legal professionals in understanding the content.
The use of AI in legal work can often result in the creation of documents that are filled with legalese, making it difficult for individuals without a legal background to comprehend. This can potentially lead to misunderstandings and misinterpretations of the legal content, which may have severe ramifications in legal proceedings. Consequently, there is an escalating demand for tools and resources that can effectively decode AI-generated legal documents and translate them into plain and understandable language, thus making the content accessible to a broader audience.
AI Legalese Decoder is a technological solution that addresses this growing need by utilizing AI algorithms to decipher and simplify complex legal jargon produced by AI systems. This innovative tool is designed to analyze AI-generated legal documents and transform them into clear and comprehensible language that can be easily understood by non-legal professionals. By doing so, AI Legalese Decoder plays a crucial role in bridging the gap between the legal and non-legal community, ensuring that AI-generated legal materials are accessible and understandable to a wider audience.
In addition, AI Legalese Decoder provides an added layer of assurance by accurately interpreting and translating the legal content, thus reducing the risk of potential misinterpretations and misunderstandings. This, in turn, can help prevent legal disputes and conflicts that may arise as a result of ambiguities in AI-generated legal materials. With its ability to simplify and clarify complex legal language, AI Legalese Decoder serves as an invaluable tool in promoting transparency and understanding within the legal landscape, ultimately contributing to more effective and efficient legal proceedings.
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****** just grabbed a
I would physically go down to the dealer and speak with your contact in accounting or their manager, and not leave until they show you proof that the check was sent out.
Send the lein holder copies of the paperwork where you traded in the vehicle. It should be on your contract.
Also send a copy to your state DMV to show you relinquished interest in the vehicle to the dealership. This should have occurred when they transferred the registration (plates) to the new vehicle.
Dealerships often won’t pay the titling fee when you trade the car in (thus transferring the lein) until its sold and they can pass the cost onto the new owner.
I ran into that multiple times as a police officer. And state DMVs are notoriously slow to update records.
IÔÇÖd mention to accounting when you visit that they have breached ÔÇÿWarranty of titleÔÇÖ when they sold it (I.e. there is a claim on the vehicle the new owner is unaware of)
Thank you all thus far. IÔÇÖve been on the phone with dealership and bank all morning. Dealership has been helpful and is legitimately trying to pay.
The bank claims they cannot pull up my contract/loan based off of the contract number they listed in the payoff estimate. Funny thing is, itÔÇÖs the exact same number that theyÔÇÖre putting on the default notices and when I call, they can pull up all of mine and vehicleÔÇÖs info when I give them that contract number. This isnÔÇÖt making any fucking sense.
I know this isn’t the same but I feel it’s relevant. I totalled a car and insurance sent a check to Compass bank. It took them cancelling and resending the check 3 times and the insurance company threatening legal action to get them to find out and cash it. 9 months and a 500 credit score later they finally paid it off and cleared my credit. The whole time they kept calling me and sending tow trucks to my house.
I am assuming the lender placed a lien on the vehicle when you financed it. If so, I’m sorry but that vehicle is still yours until the lien holder releases it. The dealer cannot sell it, cannot do anything with it without a clear title. You are still liable for that lien until that title is cleared. This is YOUR credit on the line, go to the dealer and raise holy hell. Document what you did, what you found and just generally make yourself a nuisance until they resolve the problem.
Go to YouTube and check out some videos about CNC Motors of upland CA. If it is not simply an accounting mistake, depending on your state- there’s not much you can do besides asking the dealer to resolve the issue. Beyond that you’ll have to hire a lawyer. Listen to some of the stories of these buyers and sellers that were essentially part of a collapsing pyramid scheme that the dealer was running.
RIP your credit
I would potentially get a lawyer and start documenting everything
If the dealer has in fact sold this car and theyÔÇÖve applied for a new title for the new owner and finance company (if applicable) this is going to be a huge mess for them really soon.
How did the dealership obtain the payoff amount? Usually lien holders do a 10-15 day payoff letter. IÔÇÖve had dealers get it verbally and then have the letter emailed to them so copies of everything go in my stack for the new car and they send the letter with the payment.
Have you gotten copies of the returned check and the letter with it saying they donÔÇÖt have that account? How did the dealership mail the check – did they include a cover letter with the necessary information and was it addressed to the right place?
In your state, who holds the title? Some states the bank holds it, in my state I have my title with the lien recorded on it. Without the clear title or your old title and the lien release letter they couldnÔÇÖt have ethically sold this vehicle to somebody else and applied for a new title.
Is your finance company a bank thatÔÇÖs reasonably close to you? You may be able to get a two party check from the dealership payable to you and the lien holder and then go right to a branch with the payoff letter and be done with it. For this to be an option I would try to get it in writing that that would be acceptable or talk to a branch manager to see if they can do that.
You are on the hook for payments still. The loan is still owed and in your name, regardless of what the dealer has done. I know when IÔÇÖve traded in a vehicle with a lien on it I have signed something that I understand IÔÇÖm still on the hook should something happen. The good news is that youÔÇÖll be refunded any overpayment by the lien holder.
This is likely just a paperwork mixup. However, IÔÇÖd be tempted to go to my local DMV and see if they are able to look anything up in case the dealer did something shady and applied for a title in another state.
All you can do is get copies of everything – go in person, wait until they produce it and figure out the most efficient way to resolve this with the bank. Figure out where the mistake happened and get the right person to fix it.
Why the hell are they sending cheques? Why don’t they pay off the finance by bank transfer?
You can dispute any negative impacts on your credit and they will get removed. You just need to submit the evidence itÔÇÖs sold and the Bureau will fix it.
I had this happen to me. Contact the manager.
Similar thing happened to me trading in my Hyundai lease for a Subaru at a dealership that handles both makes.
Hyundai financing started aggressively coming at me to turn in the vehicle or submit payoff to them. The dealership insisted they sent the check to Hyundai financing. Manager called Hyundai finance and they would initially only speak with me. Ultimately it was determined there was an error in the amount on the check. But as far as Hyundai was concerned, I was still responsible even with the dealership acknowledging that they took possession of the Hyundai at the time of the Subaru lease.
It only took 3 more weeks to get resolved after that, during which I was harassed daily by Hyundai.
You need to call a news channel! IÔÇÖve seen this before
They made this your problem by not taking care of it, unfortunately. In the end you have no responsibility (financial or otherwise) other than to protect yourself against their error/stupidity/negligence. Your best bet is to send copies of all your documents to the lien holder so that hopefully they will not report this to the credit agencies. If something shows up negatively I imagine (depending on where you live) that the dealership would be responsible for correcting any negative credit rating.
You’re still responsible for payment to the lien holder even if you trade it in. Payoffs from dealers aren’t instant, unfortunately. If you can, send in the payment because the longer you wait, the worse you will be off.
You can make a payment to protect your credit. Once the dealers payoff is received, you get a refund. You just need to make sure that the dealer sends the agreed amount in the contract.
Get a lawyer. We had a big dealership in my area do that years ago to a lot of people. He ended up serving time, loosing the dealership and putting a lot.of.good people out of a job for a long time until another dealership in the area bought out the franchise and brought it back.
Figure out what govt agency protects consumers from this type of fraud and call them up. No business wants govt scrutiny.
If you had a loan on the car they have the title and the dealership can’t sell the car until it paid off because they don’t have the title so someone is lying to you
This happened to me once. The problem ended up being that my car loan was sold to another bank, so the check was sent to the wrong bank.
Assume this is US? (It helps to say which legal jurisdiction you are in folk).
There is a possibility no cheque was actually written and sent.
Suggest contact the bank and tell them what has been said (cheque sent), and ask them if they would be ok with a merged phone call, or conference call.
Once arranged, go see the dealer, sit down with the manager/accountant and do the merged or conference call. This gets past the He said/She said thing.
If they say and can prove a cheque was sent, get it cancelled, WATCH them raise a new one and you hand deliver (or registered mail) it to the bank.
If the lien holder is a bank or credit union file a complaint with the Consumer Financial Protection Bureau (CFPB) [https://www.consumerfinance.gov/complaint/](https://www.consumerfinance.gov/complaint/) against the bank. This will force the bank to contact the dealer.
Banks are a mess right now.
Scam or bad accounting ƒÿö
I had something similar, I went showroom, started talking real loud about fraud and lawsuits. A manager came running overI told him I wasnt leaving without a check to pay it off and would be there every day
How the hell did they sell it without clear title. The bank still owns it until that loan is paid off.
The legal answer is yes you are still liable for the car. Better consult an attorney.
Is the bank who holds the title Chase by chance? I sold a car to Carmax and it took over a month for Chase to process the electronic payment. Not a physical check. Just a ÔÇ£boop, here is your money.ÔÇØ
>, the dealership has actually sold it and a vehicle I do not own should not be able to affect my credit.
Um…. how did the dealership sell it without the title? Or why did the bank give them the title without getting payment in full?
Call, show up, contact the better business bureau, sue. ThatÔÇÖs they only way theyÔÇÖll take action. Name the owner, salesman, finance manager, even the notary person in your lawsuit. If itÔÇÖs possible, make it small claims. That way they canÔÇÖt get lawyers involved.
Also, make them write a letter to the car owner and the credit agencies stating that it was their screw up. That may help your credit score.
I went through this with my local Toyota.
You need to go in & speak to the accounting manager & get them to give you the information on the check. They have proof. If they canÔÇÖt or wonÔÇÖt you can report the car as stolen because thatÔÇÖs what it is, they stole it & resold it without having the legal rights to do so.
Legally you have the right to ask for a copy of the check they sent to the lienholder.
IÔÇÖm in a similar situation. I traded in my vehicle last week. The dealer has yet to cash my down payment check or external loan finance check. My old car payment was deducted today because they still havenÔÇÖt taken ownership of my trade in car.