Consumer complaint received 2019-06-04
Company: AMERICAN HONDA FINANCE CORP
State: LA
Product: Vehicle loan or lease
Sub-product: Lease
Issue: Struggling to pay your loan
Sub-issue: Loan balance remaining after the vehicle is repossessed and sold

Complaint:
XXXX XXXX XXXX XXXX XXXX. 

To Whom It May Concern, This letter is a formal statement notifying the above parties that the accounts under are disputed. I would also like to know the person/company that you hired to reposses the car. This company went to my family 's member 's house ( XXXX XXXX XXXX XXXX XXXX, La. XXXX ) looking for the car and invading my privacy ( TORT ACT ) by telling them my financial problems. The car was in my driveway at the time ( XXXX XXXX XXXX XXXX, La. XXXX ) I received a print out saying the balance due was {$6000.00} correct? I then received a paper from a collection agency with a different amount {$5600.00}. You are reportng a balance of {$5700.00}? Why is there a discrepancy in the amounts owed? Also why are YOU reporting a balance if you sold this account to a collection agency or you have another company collecting the balance. i have ALL the documentation mentioned as proof. 


The vehicle in question was purchased on or about [ XX/XX/XXXX ], financed by [ American Honda Financial Services ], repossessed in the state of Louisiana and sold by [ American Honda ] i'm assuming on or about [ XX/XX/XXXX ]. 
Under the laws of LOUISIANA and UCC 9.506 as well as State RISA and MVISA statutes, a deficiency can not be claimed unless all of the required notices were properly and timely given, and all of the allowable redemption and cure time limits were adhered to. 

I demand proof that the repossession of the subject vehicle was legal in accordance with the following UCC : 9-506. EFFECT OF ERRORS OR OMISSIONS. 
9-611. NOTIFICATION BEFORE DISPOSITION OF COLLATERAL 9-612. TIMELINESS OF NOTIFICATION BEFORE DISPOSITION OF COLLATERAL. 
9-613. CONTENTS AND FORM OF NOTIFICATION BEFORE DISPOSITION OF COLLATERAL You are required to provide me with copies of the legal notices and proof of the commercially reasonable manner of the notification and resale of the subject vehicle. 
If no such proof is provided within 15 days from receipt of this certified mail notice, the alleged claim of a deficiency will be considered null and void, and any continued collection activities, or continued reporting of this invalid claim on my credit reports will be considered a violation of the FDCPA and FCRA. 

In addition, if you singularly or severally fail to comply with the above requests, I reserve the right to seek damages against all parties, under all available State and Federal statutes and including but not limited to UCC 9-625 remedies. 

Furthermore, you are hereby notified that at no point in time and under no circumstances is your company ; an employee of your company ; a representative for your company or affiliates are to contact me or any family members by any means other than the US mail system. 

I would also like to be presented with for the accounting ledger within 30 days. 

( A ) Uniform accounting principles consistent with GAAP Subject to the requirements of this chapter and any other provision of Federal law, the accounting principles applicable to reports or statements required to be filed with Federal banking agencies by all insured depository institutions shall be uniform and consistent with generally accepted accounting principles. 


Regards, XXXX XXXX,!!!

Company response to consumer: Closed with explanation