Legal Question in Credit and Debt Law in California

Untrue Repossession Entry on Credit Reports

I traded my car in back in July. Trade-in value far exceeded balance of auto loan; dealer handled loan pay-off, etc., and there was absolutely no monies owed to anyone when transaction was complete.

Received copies of credit reports recently and on 2 out of 3, the car I traded in is listed as having been repossessed. The car was a lemon but I traded it in rather than sue. (M-B does not participate in the free A.G. programs.) There was definite acrimony involved and I feel as though this listing is an intentional act by MBCC.

What is my best recourse and/or potential result? I want to make it clear that the car WAS NOT repossessed, nor had there been a demand for the car, default notice, etc.

Thank you.


Asked on 12/12/99, 11:36 pm

1 Answer from Attorneys
Keith Knochel Law Offices of Keith Knochel

Re: Untrue Repossession Entry on Credit Reports

You can demand to have your credit record immediately cleared or sue. For a $75.00 phone consultation, please call 1-800-677-1010. Keith Knochel, [email protected].

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Answered on 12/20/99, 11:50 am


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