Category: Sued by AFC
“Help, I’ve been sued by AFC, but I have no idea how they are coming up with saying that I owe so much money” – the role of the Forensic Accountant
We have had a lot of calls in the past few months from people who have been sued by Automotive Finance Corporation (AFC) either for breach of contract, or breach of guarantee, but the amount claimed is an order of magnitude greater than what the dealer or guarantor believes might be legitimately owed. (Note that […]
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 […]
Encouraging results in Nextgear Cases
We have had encouraging results lately in settling cases where Nextgear Capital Corporation sued our clients. Nextgear filed summary judgment motions in over 40 of our cases in October and November 2019, and since that time we have been systematically trying to resolve these cases, and we’ve gotten through most of them. Quite frankly in […]
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 […]
Have you been sued in Indiana by Automotive Finance Corporation?
We have experience representing dealers and guarantors who have been sued in Indiana by Automotive Finance Corporation. Feel free to call us. 317-662-4529