Category: Automotive Finance Corporation

Hyundai is jumping the shark over its response to the auto theft scandal

 Hyundai has been under intensive heat after youtube posts showed how easy it is to steal certain Hyundai models. After a shocking delay, Hyundai announced a solution – an antitheft kit that can be purchased from and installed by dealers – for about $750.00.  As this article points out, an owner might be able to […]

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Broadening our Horizons in Floorplan Defense – Kinetic Advantage, Carbucks, XL Funding, Backlot Cars

 Keith Hagan and I have represented hundreds of clients, defending them in lawsuits brought By Nextgear Capital and Automotive Finance Corporation, but in recent months, we have worked cases involving other floorplan lenders as well, Kinetic Advantage, XL Funding, Backlot Cars, and fielded questions regarding Carbucks.  If you have issues regarding any of these lenders, […]

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What happens if AFC Gets a Judgment Against Me?

 Automotive Finance Corporation, commonly known as AFC, has been suing more of its customers in Marion County (Indianapolis), Indiana than in previous times.  In most of these cases, AFC gets a default judgment, then they begin post-judgment collections.If AFC takes a judgment against you what can you expect? You can expect that any national financial […]

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Nextgear, Automotive Finance Corporation and the Covid-19 Pandemic

Attorney Keith Hagan and I have been defending dealers from suits by Nextgear for over two years. Nextgear has been filing about 1,000 suits per year in Hamilton County, Indiana, and that’s in good economic times.  Automotive Finance Corporation (AFC) has been filing quite a few less than Nextgear in Marion County, Indiana. We have […]

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Have you been sued by Automotive Finance Corporation in Indiana?

We have noticed an uptick in lawsuits by Automotive Finance Corporation (AFC) against dealers on floorplan loans here in our home state of Indiana. Over the past few years, we have handled more than a hundred floorplan lawsuits by Nextgear, but just a few by AFC. The reason was Nextgear has rather consistently filed about […]

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Have you been sued by Automotive Finance Corporation in Indiana?

We have noticed an uptick in lawsuit activity by Automotive Finance Corporation, -also known as “AFC”.  For the past two and a half years, Keith Hagan and I have been handling a lot of dealer floorplan defense cases against Nextgear Capital, and a few cases against AFC. This is because Nextgear historically sued a lot […]

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Auto Zone accused of 5 Million hazardous waste violations in in California alone – oh, and Data Privacy Breaches Too

Every time I go to an auto parts store – any auto parts store, there’s always some bozo pouring nasty stuff into his car, and tossing the container out in the parking lot.  Sometimes there are people with oil leaks, putting in oil, and half of it goes straight onto the pavement.  Therefore, it was […]

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What’s this? Used Car Prices Going DOWN? IN TAX REFUND SEASON?

The Truth About Cars reports that used car prices have gone steadily down this year.  This is especially  noteworthy because the first four months of any new year are usually the strongest for used car lots, because people use their tax refunds to buy used cars.  Typically, car prices edge up during this period to […]

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Have You Been Sued by Automotive Finance Corporation?

Many car dealers and guarantors of auto floorplan loans are sued in Indiana by Automotive Finance Corporation (AFC).  Most of the people sued don’t know how to defend themeselves.  Some think that just because the dealership owes money on the loan, there is nothing they can do. This is not necessarily the case, and this […]

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Are you getting collection calls from GAFCO – Great American Finance Company?

Are you getting collection calls from GAFCO,  the Great American Finance Company?  This company, based out of Illinois, buys finance companies from furniture companies. After fielding a complaint from a caller, I checked online and the company has numerous complaints especially about its billing process and collection communications.  I’m exploring several theories concerning possible violations, […]

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