Consumer complaint received 2025-05-19 00:00:00
Product: Vehicle loan or lease — Loan
Issue: Repossession — Notice to repossess
Company: Exeter Finance, LLC.
State: MD

Complaint narrative:
From : XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX. XXXX XXXX XXXX XXXX, MD XXXX To : XXXX, XXXX c/o : Exeter Finance LLC XXXX XXXX XXXX XXXX XXXX XXXX XXXX Texas XXXX XX/XX/XXXX I, XXXX XXXX XXXX , am writing in my lawful fiduciary capacity as Trustee of the Branch Equity Living Trust , a private, irrevocable trust lawfully created and administered under common law and Article I, Section 10 of the United States Constitution . A certificate of trust is enclosed as Exhibit C. 

This letter concerns the repossession and intended disposition of the following vehicle, which is now part of the private trust estate : Vehicle Description Year : XXXX Make : XXXXXXXX XXXX XXXX XXXX XXXX XXXX XXXXXXXX Previously registered to : XXXX XXXX XXXX On XX/XX/XXXX, XXXX XXXX lawfully conveyed all equitable interest, beneficial title, and redemption rights in the above-described vehicle to the Branch Equity Living Trust . A signed Assignment of Equitable Interest is enclosed with this letter as Exhibit B. 

On XX/XX/XXXX, the original equitable titleholder, XXXX XXXX XXXX, issued a Notice of Pre-Arbitration to your office. That notice included Material violations of the Unform Commercial Code ( UCC ) and Contract Laws, and a demand for itemized billing and correction of the account for fraudulent and misleading practices. 

Said notice included a 30-day cure window. No lawful rebuttal, accounting, or communication was received, thereby establishing your default by acquiescence under UCC 1-202 and applicable equity doctrines. 

Additionally, your company has recently hired a third party to proceed with repossession where no proper notification was given to the original titleholder, as required by UCC 9-611 ( b ) Timely and reasonable notice of disposition required. This represents a material defect in your process and renders any attempted sale or disposition commercially unreasonable and voidable under law.

On XX/XX/XXXX, all equitable interest, redemption rights, and beneficial title were lawfully conveyed by XXXX XXXX into the Branch Equity Living Trust, under private contract. As Trustee, I now stand in the lawful position to enforce the unrebutted objections of record, redeem, resolve, or secure the trusts interest in said property and initiate arbitration in accordance with the original contract terms and all applicable law. 

Enclosed is a copy of the Assignment of Equitable Interest ( Exhibit B ) and the XX/XX/XXXX notice ( Exhibit A ). To date, no statutory notice of repossession or intent to sell/dispose was provided to either the original titleholder as required under : UCC 9-611 ( b ) & 9-614 Notice prior to disposition UCC 9-623 Right to redeem Federal Trade Commission 16 CFR 433 Preservation of consumer claims In good faith and with the intention to avoid further escalation, the Trustee is willing to settle this matter privately under the following terms : Return of the above-described vehicle to the Trustee Full discharge and closure of the related account and lien Mutual release of future claims between the parties This proposal is made without prejudice, in recognition of the procedural defects, unrebutted objections on file, and the accounting inconsistencies inherent in the securitized instrument. 
Settlement is offered in lieu of formal arbitration, which would be filed through the XXXX XXXX XXXX XXXX XXXX ) pursuant to the original Retail Installment Contract. Please be advised that under XXXX XXXX XXXX XXXX, businesses are generally responsible for the majority of arbitration costs and administrative fees a consideration included here solely for the purpose of encouraging resolution without further administrative and financial burden to either party. 
If the Assignee prefers to resolve this matter equitably, please respond in writing with agreement to the terms above within ten ( 10 ) calendar days. Otherwise, the Trust will proceed to file its arbitration demand and submit this matter to binding determination.

NOTICE TO THE PRINCIPLE IS NOTICE TO THE AGENT. 
NOTICE TO THE AGENT IS NOTICE TO THE PRINCIPLE. 
Silence is Acquiescence/Agreement.

Company response to consumer: Closed with explanation