Bulmaro Martinez-Sanchez, individually, and on behalf of the class v. Savon Financial Inc., Sonora Auto Sales Inc., and Does 1 through 10, inclusive
Published: Apr. 9, 2016 | Result Date: Mar. 2, 2016 | Filing Date: Jan. 1, 1900 |Case number: 10CECG00873 Settlement – $1,300,000
Court
Fresno Superior
Attorneys
Plaintiff
William M. Krieg
(Kemnitzer Barron & Krieg LLP)
Eric M. Kapigian
(Campagne & Campagne)
Defendant
William N. Elder Jr.
(Foell & Elder)
Facts
Bulmaro Martinez-Sanchez filed a class action against Savon Financial Inc. and Sonora Auto Sales Inc., pursuant to California's Rees-Levering Automobile Sales Finance Act.
Contentions
PLAINTIFF'S CONTENTIONS:
Defendant Savon allegedly issued statutorily mandated post-repossession notices to plaintiff and others similarly situated for the repossession of their vehicles. The notices, however, failed to comply with the Act in various respects. Consequently, defendants could not collect any deficiency.
Result
The parties reached a settlement, which provided relinquishment of about $1.3 million in debt and a refund of about $87,397 from the money collected.
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