Court of Appeal (Cal.) Says in Unpublished Decision that ASFA Requires that NOI be “Mailed”, not “Received” within 15 Days of Sale; “Last Known Address” is Address on File, Not Where Vehicle Was Repossessed
In Baseline Financial Services, Inc. v. Hobbs, 2016 WL 7243531, at *4–6 (Cal.App. 4 Dist., 2016), the Court of Appeal in an unpublished decision found that an automobile lender complied with the mailing requirements of the ASFA. It is undisputed that Bank of the West sold the vehicle on March 18, 2010. Baseline presented in evidence an NOI with respect… Read More