Ford Motor Complaint - Ford Motor Credit Lease Rip
KNOXVILLE, TENNESSEE -- I co-signed on a Land Rover for my ex husband in '05. He filed for bankruptcy leaving three co-signed vehicles (total) in my lap as well as a newborn baby. I traded one (GM) and one (VW) to turn over the debt into a new vehicle - making one payment instead of two. Lastly, there was the Land Rover lease, through Ford Motor Credit. My then husband was not keeping up with car insurance, allowing intoxicated people to drive it and not making consistent car payments. I had no choice but to turn in the leased vehicle back to Land Rover. With the birth of a new baby, $30k+ debt left in my lap, loss of a 2nd home income and the economy/my business crashing all around me I could not keep up with the year and half lease left on the vehicle.
I am now being sued by FORD MOTOR CREDIT in the state of Tennessee/Knoxville. They will not settle with me. I offered them 2k - over what I can pay right now but fair - they said NO. Knowing my situation - I offered 4k - with a payment plan - double what I could possibly afford and they said NO. I tried to get a loan to help pay off this debt but can not get a home equity loan due to their report on my credit.
They are suing me for a total $13,000.00 + for the "broken lease" although the vehicle was surely turned right back around in a short time. Knowing my situation... they do not care to work with me and they want BLOOD out of a STONE.
-SHAME ON THEM!