CFAM Wrongful Repos – Do you need a consumer attorney?

The Trueblood Law Firm in Los Angeles, California is representing multiple California consumers against CFAM Financial Services, LLC. The lawsuits allege that CFAM repossessed consumers’ vehicles without any right to do so, because the consumers owned their vehicles outright with no liens on title. The typical situation is that CFAM buys an auto loan account and the old borrower somehow manages to remove any liens from title, and sells the vehicle. The clients bought their vehicles fair and square down the line, and knew nothing of any old lien. Then, out of the blue, CFAM repossesses the vehicle even though the old lien is gone from title. The lawsuits allege that this is a violation of various consumer laws.