Consumer complaint received 2024-05-07
Product: Debt collection — Auto debt
Issue: Attempts to collect debt not owed — Debt was paid
Company: Foursight Holding LLC (NY)

I was a victim of a wrongful repossession by Foursight Capital. They settled and agreed to A ) the receipt of the total sum of XXXX XXXX DOLLARS AND XXXX CENTS ( {$30000.00} ) ; of which total sum {$25000.00} was received from XXXX XXXX XXXX, XXXX, and {$5000.00} was received from FOURSIGHT CAPITAL, LLC ; and ( B ) the waiver by of Foursight Capital, LLC of all remaining amounts owed by me on the Retail Installment Sale Contract dated XX/XX/XXXX between me as Buyer and XXXX XXXX XXXX, as Seller-Creditor, for the purchase of a Used XXXX XXXX XXXX automobile with VIN XXXX ( Vehicle ), which contract was assigned by the Seller- Creditor to Foursight Capital, LLC ( Retail Installment Sale Contract ), do hereby release, acquit, and forever discharge XXXX XXXX XXXX XXXX XXXX FOURSIGHT CAPITAL, LLC ; AND XXXX XXXX XXXX XXXXXXXX, and all of their insurers ; all of their parent corporations, subsidiaries, and affiliates ; all officers, directors, and employees, past and present, of the foregoing parties ; any reinsurer or insured thereof ; and their respective administrators, successors, assigns, employees, agents, attorneys, officers, directors, and representatives, ( hereinafter referred to as the Released Parties ), of and from any and all claims, actions, causes of action, negligence or negligent acts by the Released Parties or third parties, damages or demands, both compensatory and punitive, in whatever name or nature, in tort, in contract or by statute, in any manner arisen, arising, or growing out of any and all damages, expenses, or losses sought or claimed, of whatever name or nature, past, present, or future, which : ( A ) in any way arise out of or relate to the Retail Installment Sale Contract, including but not limited to the obligations of the parties thereunder, any collection actions taken by the parties in connection with the debt owed, any repossession actions or incidents in connection therewith, and any communications between the parties regarding the Vehicle, the account under the Retail Installment Sale Contract, or the Retail Installment Sale Contract ; ( B ) in any way arise out of or relate to, or were the result of an incident resulting in the repossession of the Vehicle, which occurred on or about XX/XX/XXXX at XXXX XXXX, FL XXXX, XXXX XXXX XXXX Florida ( the Repossession ) ; and ( c ) were asserted, or could have been asserted, in the case styled me v. FOURSIGHT CAPITAL, LLC, XXXX XXXX XXXX, XXXX XXXX XXXX  XXXX XXXX, XXXX, brought in the U.S. District Court for the Southern District of Florida under Case No . XXXX ( the Litigation ). 
This release covers any and all claims of the Releasing Parties for compensatory, statutory, and punitive damages, pain and suffering ( physical and emotional ), past, present and future, permanent XXXX, bodily injury, loss of earnings, loss of earning capacity, XXXX, past, present, and future, hospital and medical expenses, expenses of any health care providers, pharmaceutical or drug expenses, whether past, present, or future, and all other claims of consequential damages and expenses which have arisen, arise, or which may hereafter arise out of the incidents or matters which were alleged in, or could have been alleged in the Litigation.