In Black, the court acknowledged that the MVRISA does not limit the credit charges rate agreed to by a seller and purchaser.
Summary of this case from Garcia v. Chrysler Capital LLCApril 14, 2010.
Usury — Loan to Individual or Corporation. Assignments — Retail Installment Contracts.
In Black, the court acknowledged that the MVRISA does not limit the credit charges rate agreed to by a seller and purchaser.
Summary of this case from Garcia v. Chrysler Capital LLCFull title:Ford Motor Credit Co. LLC v. Black
Court:Civil Court of the City of New York. Richmond County
Date published: Apr 14, 2010
Section 9-615(a) of the UCC also provides that "[a]fter default, a secured party may sell, lease, license, or…
Garcia v. Chrysler Capital LLCThus in neither case did the Court find that the relationship between the seller and assignee altered the…