We mean business
Comprehensive legal services for businesses
in New Jersey and New York

COVID-19 Notice: In order to best serve you, while being mindful of your health and safety, we are available for consultations and conferences via telephone and video. We can arrange for documents to be prepared, reviewed, signed and exchanged electronically. We are ready to assist you with all of your legal needs.

We are open and ready to assist you. Go to our COVID-19 Updates page to see our latest statement on the crisis and a list of recent news and developments during this challenging time.
comprehensive legal services for businesses

Woman alleges Uniform Commercial Code violated by bank

Imagine walking outside of your home in New Jersey and realizing that your vehicle was missing. You panic and think that it may have been stolen by a thief. But another option exists that probably seems less likely. Your car could have been repossessed by the bank if you missed a few payments on your vehicle loan.

That’s the situation a woman was found in recently. She purchased a Jeep and financed it through a bank. She made payments on the vehicle for several years before falling behind. The bank elected to repossess her vehicle.

In a class-action lawsuit filed against the bank, the woman alleges that the problem arose when the bank violated the Uniform Commercial Code. The UCC generally governs the purchase and sale of physical goods. The UCC provision related to auto loans stated that the bank must give the woman notice 15 days before they could sell her vehicle at an auction. She alleges that the bank failed to give her adequate notice and sold her vehicle without giving her an opportunity to retake the vehicle by making back payments.

The woman also alleges that the bank violated other sections of the UCC by not giving her notice of the location and date of the vehicle auction and by failing to inform her that she had the option to get a financial accounting of her remaining loan amount.

If you find yourself in a similar situation, or another situation where you feel wronged by someone in the sale of goods, you may want to contact a New Jersey attorney experienced in the Uniform Commercial Code. An attorney can help you understand your rights under the UCC and explain how you can resolve your issues.

Source:, “Jermyn woman sues bank over repossessed vehicle,” Terrie Morgan-Besecker, Dec. 10, 2013

Office Location

Dunn Lambert, LLC
East 80 Route 4 Suite 170
Paramus, NJ 07652

Paramus Law Office Map

Dunn Lambert, LLC
1745 Broadway, 17th Floor
New York, NY 10019
New York Law Office Map

Phone: 201-957-0874
Fax: 201-291-0140

Phone: 201-291-0700
Fax: 212-519-9804
Best Lawyers | Best Law Firms | U.S.News & world report | 2017

GET ANSWERS from a firm
with a sense of business.


Review US
FindLaw Network