Toyota Financial Services (TFS) Debt Settlement

Sued By Toyota Financial Services (TFS)?

The Fullman Firm defends you when you’re sued by Toyota Financial Services (TFS).  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.  

Toyota Financial Services (TFS) (or Toyota Motor Credit Corporation (TMCC)) offers financing for consumers who buy cars from Toyota.  

If Toyota Financial Services (TFS) 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 what Toyota Financial Services (TFS) sue you for, and then they use your local sheriff to come after your money and property.  

Like most debt collection attorneys, Toyota Financial Services (TFS)’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 Toyota Financial Services (TFS) 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 Toyota Financial Services (TFS) 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 you after repossessing or taking back your car, the Toyota Financial Services (TFS) must give you very specific notices. If they don’t, we can use that against them. 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 Toyota Financial Services (TFS) from coming after your paycheck or bank account.  There are rules for how to beat them and we know those rules.