Ford Motor Company Debt Settlement

Sued By Ford Motor Credit Company?

The Fullman Firm defends you when you’re sued by Ford Motor Credit Company.  We can get your settlement at a discount, often with a payment plan, and avoid a judgment.  And if you feel you don’t owe them anything, we can fight, too.  

Ford Motor Credit Company (FMCC) is the financing arm of Ford Motor Company. They offer financing for consumers who buy cars from Ford Dealers.  

If FMCC already has a judgment debt against you, that judgment can lead to wage garnishment, bank levy, and/or judgment liens on your property.  Judgments in California are good for 10 years and can be renewed for ten more, and then ten more!  The Fullman Firm is a leader in attacking old judgments.  

When you surrender a vehicle that you still owe money on, or if the vehicle gets repossessed, they auction the vehicle off. Whatever they get at auction (which is often not much at all) is deducted from what is still owed on the car loan. What’s left unpaid is the deficiency balance. These deficiency balances often get sold off to debt buyers, but Ford Motor Credit keeps many of these accounts in-house.  FMCC hires attorneys to sue consumers – you – in Superior Court.  In California, two such firms are McDowell & Associates and Reese Law Group.

Like most debt collection attorneys, FMCC’s lawyers will drive a very hard bargain as long as they feel they have an advantage over you.  If you don’t have a lawyer, that’s their advantage.  

The Fullman Firm’s long history of success in court gives us settlement power non-lawyer negotiators can’t match.  That’s your advantage.  

Although we have never caught FMCC intentionally breaking the law, they do make mistakes.  The most common mistake we see is serving their lawsuit notices (summons) to an old address or bad address, or hiring process servers who lie about delivering the summons (we have not yet seen evidence that FMCC hires dishonest process servers on purpose).   Other mistakes may include not giving proper credit for payments made, etc. As with most debt collectors, it is difficult to get them to admit to their mistakes unless you have a law firm working for you.  

In order to sue for deficiency after repossession or voluntary surrender of a vehicle in California, the FMCC must give notice of its intent to sell the vehicle, and if the sale is at auction, you may be able to bid for it yourself.  After the sale, they must inform you of the amount received on the sale when asking you for the balance.  As we said before, they often sell the vehicle for much less than you would if you put an ad in the paper.  

It’s important to remember that writing a letter or making a phone call and stating that you do not owe the money, or that you cannot afford to pay a judgment will not help you and will not stop FMCC from coming after your paycheck or bank account.  There are rules for how to beat them and we know those rules.  

Ford Motor Credit Company LLC vs. Scott R., Lisa R. 
Judgment Amount: $24,313.87
Settlement Amount: $0 (Judgment reversed and claim dropped)
Amount Saved: $24,313.87

Ford Motor Credit Company vs. Abner A. 
Judgment Amount: $33,000
Settlement Amount: $0 (Judgment reversed and claim dropped)
Amount Saved: $33,000

Ford Motor Credit Company vs. Manuela L.
Judgment Balance: $31541
Settlement Amount: $15428 
Amount Saved: $16,113