Docs submitted 10/17
Docs accepted 10/25
Offer letter 12/2 @ 0403
Notarized 12/2 @ 1350
Sign letter uploaded 12/2 @ 1430
In California with a private (CU) loan.
FWIW I am upside down on my loan with my credit union. Car will be completely paid off in accordance with the 130% clause:
From the PARTIAL STIPULATED ORDER FOR PERMANENT INJUNCTION AND
MONETARY JUDGMENT , pg 21, Section VII, para. G(1):
Upon submission of an Eligible Owner’s complete and valid claim
application pursuant to Section XIII and surrender of all right, title,
and interest in, and possession of, an Eligible Vehicle to an entity authorized
by Defendant, Defendant shall pay that Eligible Owner’s lender the full
amount required to pay off the outstanding Loan Obligation for the
Eligible Vehicle, excluding any portion of the Loan Obligation that
becomes delinquent after June 28, 2016 (and any related costs and fees) or
any portion of the Loan Obligation, including new loans, incurred after
June 28, 2016, up to 130% of the total compensation due to an Eligible
Owner pursuant to Subsections D or E. If the amount paid to the lender by
Defendant under this provision is not sufficient to satisfy the outstanding
Loan Obligation, the Eligible Owner must, at the time of the transfer of
ownership and possession, pay any remaining balance of the Loan
Obligation required to transfer all interest in, title to, and ownership and
possession of the Eligible Vehicle to Defendant to elect the Buyback.
Now for a turn-in appointment!