| LoanFactz Information Site | Home | Definitions | Mortgage Calculators | Bookmark | Advertise | Site Map |
Lemon LawPage 3If You Have A Lemon, What Should You Do? 1. Gather all your documents, records, and repair reports and organize them. Evaluate how your vehicle qualifies as a lemon based on your records. 2. Write to the manufacturer requesting the repurchase or replacement of your vehicle. To locate the manufacturer's address look in your owner's manual, ask the dealership, or contact the Lemon Law Administration. The written request to the manufacturer should include: * Make, Model, Year, and Vehicle Identification Number (VIN) You should send the letter to the manufacturer by certified mail with a return receipt requested. This will verify the date that the manufacturer received your letter. KEEP A COPY OF YOUR LETTER AND YOUR RETURN RECEIPT IN YOUR RECORDS. 3. The manufacturer should be allowed 40 days to respond in most instances (see Note below). If the manufacturer does not respond or if the response is unsatisfactory, you can submit the Request For Arbitration form to the Lemon Law Administration in the Attorney General's Office. Note: A Request For Arbitration Form must be received by the Lemon Law Administration within 30 months of the vehicles' original retail delivery date whether or not the 40 day response period has expired. 4. Call or write the Attorney General's Office for a Request For Arbitration form. Do You Need An Attorney? It is not necessary for you to have an attorney, however, you may choose to be represented by counsel. Please indicate on the Request For Arbitration form if you will be represented by an attorney. The manufacturer may also be represented by an attorney. "Reasonable" attorney costs will be refunded to you in an award only if the manufacturer is also represented by counsel. You should read What Is An Arbitration Hearing? on Page 4 before making your decision as to whether you will be represented by an attorney. If you decide you want to be represented by an attorney, it is advisable to consult with one as early as possible. Page 1 What Is The Lemon Law? Page 2 What Is A Lemon? Page 3 If You Have A Lemon, What Should You Do? Page 4 What Is An Arbitration Hearing? Page 5 What Is The Warranty Period? Page 6 Contact Information
References: |
SCAMS & FRAUD Federal Laws Organizations Fannie MaeFreddie Mac Ginnie Mae Nellie Mae Sallie Mae Consumer Info Consumer TipsCredit Bureau Credit Insurance Credit Report Directory of Federal Agencies Federal Trade Commission (FTC) Identity Theft Predatory Lending Repair Your Bad Credit Truth in Lending Act Borrowers Beware Miscellaneous Private Mortgage Insurance (PMI)Prepayment Penalty Copyright & |
| Loanfactz.com Supporters | Home | Definitions | Mortgage Calculators | Bookmark | Advertise | Site Map |
| © Loanfactz.com Copyright 2004/2008 All Rights Reserved The information on this site is not a substitute for professional advice. Always consult a qualified professional about legal information. |