Category: Nextgear Capital Inc.
Nextgear and AFC updates in Covid Time
We continue to handle a lot of floorplan defense lawsuits, defending dealers sued by Nextgear and AFC. They are still filing new cases even though the court systems have been slowed by COVID-19. In general, our perception is that Nextgear has been willing to work with us in recognizing the new reality of Covid-affected dealers. […]
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 […]
Analysis of Two Months of Nextgear Filings – Only 7% of defendants hired an attorney
We just completed an analysis of two months of suits filed by Nextgear Capital, Inc. in Hamilton County, Indiana. Nextgear filed 127 cases. Of those cases, only 9 defendants hired an attorney. Six hired an assortment of other attorneys, and three hired us. Only seven percent of Nextgear defendants hired an attorney. Of the cases […]
Have You been Sued by Nextgear Capital, Inc.?
Many car dealers and guarantors of auto floorplan loans are sued in Indiana by Nextgear Capital, Inc. 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 is […]
