Consumer complaint received 2025-03-04 00:00:00
Product: Vehicle loan or lease — Loan
Issue: Repossession — Account reinstatement or redemption after repossession
Company: Mercedes Benz Financial Services
State: GA

Complaint narrative:
I am writing to formally dispute the unlawful repossession of my XXXX XXXX XXXX XXXX XXXX : XXXX ) and demand its immediate return. The repossession, conducted under an order dated XX/XX/XXXX, from location was fraudulent and unlawful based on the following findings : 1. Lack of Security Interest & Title Fraud The Certificate of Title from the State of Kansas confirms that there were no active liens on the vehicle at the time of repossession. 
Mercedes-Benz Financial Services had already released their security interest.

Under UCC Article 9, repossession is only lawful when a security interest exists. Since no lien was present, this repossessi
on was an unlawful conversion of property.

2. CUSIP Registration & Unjust Enrichment The account linked to Mercedes-Benz Financial Services ( Account # XXXX ) has been identified in a securitized CUSIP fund : XXXX under the 1919 Financial Services Fund. 
The fund has recorded net assets of {>= $1,000,000} as of XX/XX/XXXX, demonstrating that the financial obligation tied to my vehicle has already been satisfied through securitization. 
This confirms that Mercedes-Benz Financial Services has been paid multiple times through securitization and investor-backed transactions, yet still pursued repossession, constituting unjust enrichment and fraudulent misrepresentation. 
3. Legal Violations Banking & Financial Violations : Truth in Lending Act ( TILA ) Violations ( 15 U.S.C. 1601 et seq. ) : Failure to disclose the securitization and third-party payments that satisfied the loan.

Unjust Enrichment : Mercedes-Benz Financial Services and its affiliates were compensated multiple times through securitization and still seized the vehicle.

Fraudulent Conveyance ( UCC 3-305 ) : The security interest was extinguished, yet the vehicle was wrongfully repossessed.

Violation of the Fair Debt Collection Practices Act ( FDCPA ) : Repossession without a valid lien constitutes wrongful conversion and fraud.

Rescission for Fraudulent Inducement If they failed to disclose the monetization, the contract was based on fraud and should be rescinded.

4. Notices from Mercedes-Benz Financial Services I have received the following notices confirming Mercedes-Benz Financial Services ' intent to wrongfully dispose of my property : Notice of Intent to Dispose of Personal Property ( Dated XX/XX/XXXX ) Notice After Repossession or Voluntary Surrender ( Dated XX/XX/XXXX ) These notices indicate that Mercedes-Benz Financial Services intends to proceed with selling the vehicle despite having no lawful claim. This is further proof of their fraudulent misrepresentation.

5. DEMANDS FOR IMMEDIATE REMEDY 1. Immediate Return of Vehicle The unlawful repossession must be reversed within 48 hours, and the vehicle must be returned in its original condition.

2. Release of Lien & Title Correction Any remaining claim on the vehicles title must be corrected and cleared in accordance with UCC and Kansas law.

3. Full Disclosure of Financial Transactions Provide : All IRS Form 1099-OID, 1099-A, 1099-B, and 1099-C filings related to the vehicle account.

A full trust accounting of all financial transactions linked to the securitization of the promissory note.

Copies of any insurance claims or third-party recoveries related to the vehicle.

4. Compensation for Financial & Legal Damages Due to unlawful repossession, I am holding Mercedes-Benz Financial Services and its affiliates liable for damages including : Unjust Enrichment & Fraud Penalties : {$500000.00} Wrongful Repossession & Legal Fees : {$100000.00} Total Claim Liability : {$600000.00} 5. Formal Complaints Filed If the demands above are not met within 10 business days, I will proceed with : Filing complaints with CFPB, FTC, SEC, OCC, DOGE and the Kansas Attorney General.

Initiating a federal lawsuit for wrongful conversion, unjust enrichment, and fraud.

6. Notary Presentment & Service of Notice This notice is being presented through notary acceptance by : XXXX XXXX Notary Acceptor c/o XXXX XXXX XXXX XXXX, GA XXXX FINAL NOTICE This letter serves as an official notice that I will pursue all legal remedies available should my demands not be addressed within 10 business days.

Company response to consumer: Closed with explanation