Legal Question in Credit and Debt Law in California
Charge Off - Over the mileage
I traded in a lease vehicle and purchased a new one from the same dealership. I was told at the time of purchase I would not be responsible for the mileage. I signed a notice of release of liability to the dealership. I was sent a bill for $1100 for the over the mileage fees. Now this is a charge off on my credit. What steps do I take to get this removed. I was specifically told that I would not be responsible for this once I signed the release. Is this true?
2 Answers from Attorneys
Re: Charge Off - Over the mileage
Send the dealership's general manager a certified/return receipt letter, copy to the salesperson, and dispute the credit report item as well. If it's in your written sales agreement, even better. See what they have to say. If you don't get satisfaction, you might have to take legal action if it is impairing your ability to receive credit.
Re: Charge Off - Over the mileage
Its hard to say from the limited facts given so far. The terms of the written lease would be controlling, more often than not, rather than oral representations. However, there can be exceptions to every rule depending on the exact factual circumstances. If the charge to your credit card was done fairly recently, then you can dispute the charges with your credit card company immediately and often times have the amount credited back into your account until the investigation is complete. If you would like prompt, affordable legal assistance in this unfortunate matter, contact us back directly today for a free phone consultation.