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TELL ME YOU'RE STORY

Don't wait DSC told me they are a milt- million dollar Corporation, so they want you to think you can win against them,

I'm here to say "Yes We Can". If you have any information or know anyone that has been damage by Dealer Services Corporation (DSC)

Contact Michael Grissom @ 818 749 3288 or email your complaint to supermgauto@charter.net

I am asking for your help in recovering tens of thousands of dollars in illegal fees, interest, late charges and curtailment fees that I paid to Dealer Services Corporation (DSC), an unlicensed lender doing business in Riverside, California. I believe their actions constitute loan-sharking and usury.

On July 27, 2006, I was faxed an application from DSC for a flooring line of credit. DSC had earlier explained to me that their interest rate was less than 10%, and I would be foolish to pass up a chance to obtain a credit line at that low of an interest rate. DSC advised me that I needed to apply for $200,000, because that was their standard flooring line for used car dealers.

I received a fax on August 29, 2006, from DSC congratulating me on my $200,000 credit line. A statement arrived on September 8, 2006, claiming I owed $130,257, of which $113,000 was withdrawn, without my knowledge or permission, just two days after the loan opened. I immediately called DSC to ask why $113,000 was taken from my account, but was told that DSC manager Claude Ponce was unavailable and that I needed to check DSC's website if I had any questions.

A week after I complained, DSC manager Claudia Ponce told me DSC wrote checks on my loan to pay brokers who had given vehicle titles to DSC. Saying I had been defrauded, she said do not call the police, but allow her to investigate. She said I must continue to pay DSC or I would be out-of-trust. Over the next 45 days I paid tens of thousands of dollars to DSC, even personally delivering payments to their office.

On October 26, 2006, three DSC employees came to my lot, said I was in default and ordered me to stand aside. They repossessed my cars and told me they had put me out of business. It had been just two months since I had obtained a loan from DSC. Their deliberate and destructive behavior continued by:

"¢ Contacting customers that had purchased cars from me on retail installment agreements and advised that payments must be paid directly to DSC.

"¢ Rewrote consumer contracts for vehicles that I had sold.

While trying to recover the money DSC had stolen from me, I discovered that DSC was an unlicensed California lender. I quickly filed a complaint with the California Department of Corporations (DOC) in March 2007. I have continued to ask the DOC to assist me in stopping this predatory lender, as I discovered DSC's illegal activities were continuing throughout the state.

Any help that you could offer would be greatly appreciated. I have attached multiple documents for your review. Please don't hesitate to call if you have any questions.

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Anonymous
#65403

Troy Rogers from DSC was very upset, probable at DSC testimony, after the trail Grissom, said Mr. Rogers had a look on his face as if he wanted to hurt Mr. Grissom real bad. Grissom has left the building.

Let’s review some of Mr. John C. Wick’s testimony General counsel of DSC, God help him!

Yet another case against Dealer Services Corporation DSC

Flores D.F. Auto Sales v. Dealer Services Corporation Monday 3rd & 4th 2009

BY MR. CHAPMAN:

12 Q Mr. Wick, DSC gives loans to wholesalers

13 and dealers?

14 A Yes.

15 Q And do you get -- does DSC get an

16 inventory agreement from each wholesaler?

17 A An inventory agreement?

18 Q An agreement that would cover inventory as

19 collateral.

20 A Each borrower has to sign the demand note

21 and security agreement, if that's the document that

22 you're referring to.

23 Q Isn't it true that you drafted a change to

24 what was paragraph 19 -- excuse me -- the paragraph

25 regarding governing law, which is paragraph 19?

 

247

1 A That is true.

2 Q And you changed it to say that California

3 law governs loans in the state of California; is

4 that correct?

5 A That's right, going forward.

6 MR. CHAPMAN: ...

7 THE COURT: Anything else?

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Anonymous
#58855

LOAN SHARK BITES BACK!!!

DEALER SERVICES CORPORATION ELIMINATES FRIVOLOUS CLAIM OF 189 MILLION DOLLARS FILED BY FAILED USED CAR DEALER MICHAEL GRISSOM DOING BUSINESS AS AMERICAN FAMILY AUTO

(Just another small business destroyed by an unlicensed lender.)

On March 3, 2009, Dealer Services Corporation (“DSC”) successfully eliminated frivolous claims of 189 million dollars and a request for punitive damages filed by failed used car dealer Michael Grissom, who previously did business as American Family Auto. The California Riverside County Superior Court granted DSC’s motion to strike Grissom’s spurious allegations for punitive and exemplary damages, as well as his claim for 189 million dollars, as improper and without any factual basis.

(When Riverside Judge Tranbarger asked DSC attorney Benjamin Griffin if DSC was licensed, Griffin stated DSC is licensed to do business in California. It must have been a real hoot for Griffin to tell the partners at Prenovost, Normandin Bergh & Dawe what a great job he did in steering the Honorable Judge Tranbarger away from the truth. Kudos’s to Griffin for making a mockery of the judicial system.)

Plaintiff Michael Grissom borrowed approximately $200,000 from DSC in order to finance his inventory of used cars, but when his partnership with Alfred King failed, Grissom cynically turned against his partner, lenders, suppliers, and their employees, and filed suit in Riverside County Superior...

(DSC partnered with Dial Finance to use money from Grissom’s credit line to pay off delinquent debts owed by Dial. I imagine that DSC had plenty of trust in Dial’s broker Mark White, a convicted felon illegally brokering loans to DSC from unwary dealerships. Benjamin Griffin might want to disclose to the court that DSC is suing Dial Finance in Indiana court).

The Court threw out four previous complaints filed by Grissom, as wholly insufficient, including his spurious claims of breach of fiduciary duty, breach of duty of loyalty, breach of the implied covenant of good faith and fair dealing, and conspiracy. In his final opportunity, the Court has allowed only claims for breach of contract and negligence, and disallowed his $189 million claim and his request for an award of punitive damages. More particularly, the Court found that there were no facts for Grissom to take to trial for unfair competition and lack of lender’s license.

(When Judge Tranbarger asked DSC attorney Benjamin Griffin if DSC was licensed, Griffin stated DSC is licensed to do business in California. It must have been real hoot telling the partners at Prenovost, Normandin Bergh & Dawe what a great job he did in steering the Honorable Judge Tranbarger away from the truth.

The great law firm of Prenovost, Normandin Bergh & Dawe convinced the court to believe that it would be ridiculous to think that Dealer Services Corporation was loan sharking in California. Too bad Michael Grissom naively went to court thinking that the truth would be his might. Prenovost, Normandin Bergh & Dawe countered the truth by filing motions to strike, sanction, and demurrer and quash).

Indicative of his baseless claims, Grissom is on his third set of attorneys and his fifth complaint and now must defend against DSC’s cross-complaint seeking recovery

of $370,195.83 in treble damages, plus attorney fees and costs.

(It’s great that Indiana has no usury laws. Unfortunately for DSC, California courts have determined that if both the lender and borrower are in California, Indiana law does not apply.

Luckily, California has abuse-of-process laws that should take some of the hurt off those judgments on California borrowers that were obtained in Indiana courts. Why use Indiana Courts when your loan was made in California? California courts aren’t much on unlicensed lenders collecting usurious interest and also awarding the loan shark treble damages.)

DSC vigorously responds to claims by fly-by-night dealerships that borrow money, fail at their business, and attempt to blame DSC and others for their own shortcomings. For further information contact Prenovost, Normandin Bergh & Dawe, a Professional Law Corporation, and (714) 547-2444.

(Prenovost, Normandin Bergh & Dawe also represent Automotive Financial Corporation (AFC), another flooring lender. However, AFC did take the time to obtain a lenders license in 2007. That was only SEVEN years after they started making loans. For some odd reason, Automotive Finance Corporation used a new name for their old business. They called themselves AFC Cal, LLC. The question is, are the thousands of loans they did prior to obtaining their license in 2007 valid?)

Now that’s information that could be useful! So you might as well call Prenovost, Normandin Bergh & Dawe, a Professional Law Corporation, and (714) 547-2444.

And ask for the usury department.

Show more
Anonymous
#58854

. Written by DSC ESQ, on 22-05-2009 15:34

DEALER SERVICES CORPORATION ELIMINATES FRIVOLOUS CLAIM OF 189 MILLION DOLLARS FILED BY FAILED USED CAR DEALER MICHAEL GRISSOM DOING BUSINESS AS AMERICAN FAMILY AUTO

On March 3, 2009, Dealer Services Corporation (“DSC”) successfully eliminated frivolous claims of 189 million dollars and a request for punitive damages filed by failed used car dealer Michael Grissom, who previously did business as American Family Auto. The California Riverside County Superior Court granted DSC’s motion to strike Grissom’s spurious allegations for punitive and exemplary damages, as well as his claim for 189 million dollars, as improper and without any factual basis.

When Riverside Judge Tranbarger asked DSC attorney Benjamin Griffin if DSC was licensed, Griffin stated DSC is licensed to do business in California. It must have been a real hoot for Griffin to tell the partners at Prenovost, Normandin Bergh & Dawe what a great job he did in steering the Honorable Judge Tranbarger away from the truth. Kudos’s to Griffin for making a mockery of the judicial system.

Plaintiff Michael Grissom borrowed approximately $200,000 from DSC in order to finance his inventory of used cars, but when his partnership with Alfred King failed, Grissom cynically turned against his partner, lenders, suppliers, and their employees, and filed suit in Riverside County Superior Court blaming everyone but himself.

DSC...

The Court threw out four previous complaints filed by Grissom, as wholly insufficient, including his spurious claims of breach of fiduciary duty, breach of duty of loyalty, breach of the implied covenant of good faith and fair dealing, and conspiracy. In his final opportunity, the Court has allowed only claims for breach of contract and negligence, and disallowed his $189 million claim and his request for an award of punitive damages. More particularly, the Court found that there were no facts for Grissom to take to trial for unfair competition and lack of lender’s license.

When Judge Tranbarger asked DSC attorney Benjamin Griffin if DSC was licensed, Griffin stated DSC is licensed to do business in California. It must have been real hoot telling the partners at Prenovost, Normandin Bergh & Dawe what a great job he did in steering the Honorable Judge Tranbarger away from the truth.

The great law firm of Prenovost, Normandin Bergh & Dawe convinced the court to believe that it would be ridiculous to think that Dealer Services Corporation was loan sharking in California. Too bad Michael Grissom naively went to court thinking that the truth would be his might. Prenovost, Normandin Bergh & Dawe countered the truth by filing motions to strike, sanction, and demurrer and quash.

Indicative of his baseless claims, Grissom is on his third set of attorneys and his fifth complaint and now must defend against DSC’s cross-complaint seeking recovery

of $370,195.83 in treble damages, plus attorney fees and costs.

It’s great that Indiana has no usury laws. Unfortunately for DSC, California courts have determined that if both the lender and borrower are in California, Indiana law does not apply.

Luckily, California has abuse-of-process laws that should take some of the hurt off those judgments on California borrowers that were obtained in Indiana courts. Why use Indiana Courts when your loan was made in California? California courts aren’t much on unlicensed lenders collecting usurious interest and also awarding the loan shark treble damages.

DSC vigorously responds to claims by fly-by-night dealerships that borrow money, fail at their business, and attempt to blame DSC and others for their own shortcomings. For further information contact Prenovost, Normandin Bergh & Dawe, a Professional Law Corporation, and (714) 547-2444.

Prenovost, Normandin Bergh & Dawe also represent Automotive Financial Corporation (AFC), another flooring lender. However, AFC did take the time to obtain a lenders license in 2007. That was only SEVEN years after they started making loans. For some odd reason, Automotive Finance Corporation used a new name for their old business. They called themselves AFC Cal, LLC. The question is, are the thousands of loans they did prior to obtaining their license in 2007 valid?

Now that’s information that could be useful! So you might as well call Prenovost, Normandin Bergh & Dawe, a Professional Law Corporation, and (714) 547-2444.

And ask for the usury department.

Show more
Anonymous
#58568

DEALER SERVICES CORPORATION ELIMINATES FRIVOLOUS CLAIM OF 189 MILLION DOLLARS FILED BY FAILED USED CAR DEALER MICHAEL GRISSOM DOING BUSINESS AS AMERICAN FAMILY AUTO

On March 3, 2009, Dealer Services Corporation (“DSC”) successfully eliminated frivolous claims of 189 million dollars and a request for punitive damages filed by failed used car dealer Michael Grissom, who previously did business as American Family Auto. The California Riverside County Superior Court granted DSC’s motion to strike Grissom’s spurious allegations for punitive and exemplary damages, as well as his claim for 189 million dollars, as improper and without any factual basis.

Plaintiff Michael Grissom borrowed approximately $200,000 from DSC in order to finance his inventory of used cars, but when his partnership with Alfred King failed, Grissom cynically turned against his partner, lenders, suppliers, and their employees, and filed suit in Riverside County Superior Court blaming everyone but himself.

The Court threw out four previous complaints filed by Grissom, as wholly insufficient, including his spurious claims of breach of fiduciary duty, breach of duty of loyalty, breach of the implied covenant of good faith and fair dealing, and conspiracy. In his final opportunity, the Court has allowed only claims for breach of contract and negligence, and disallowed his $189 million claim and his request for an award of punitive damages. More particularly, the Court...

Indicative of his baseless claims, Grissom is on his third set of attorneys and his fifth complaint and now must defend against DSC’s cross-complaint seeking recovery of $370,195.83 in treble damages, plus attorney fees and costs.

DSC vigorously responds to claims by fly-by-night dealerships who borrow money, fail at their business, and attempt to blame DSC and others for their own shortcomings. For further information contact Prenovost, Normandin Bergh & Dawe, a Professional Law Corporation, (714) 547-2444.

Show more

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