Chrysler offering $1000 vouchers, bouncing checks

chrysler-sebring-convertible
Chrysler is in a seriously tight spot right now financially. And the things they do are not helping their image whatsoever.

The bankrupt company is offering $1000 vouchers to existing Chrysler, Jeep or Dodge owners, to be used towards the purchase of a new Chrysler LLC product.

Now, according to the Los Angeles Times, settlement checks for Chrysler vehicles that have already been agreed upon as defective under lemon laws are apparently bouncing, costing angry consumers additional time and money.

Apparently, the issue stems from the fact that financial claims made prior to the company’s April 30 Chapter 11 filing can only be paid out if the bankruptcy judge approves the action. To date, Chrysler has apparently not requested the court’s permission to make good on these lemon law payments, leaving little recourse for affected consumers.

Many affected owners have apparently spoken with attorneys, who apparently can’t do much unless the lemon law payback accounts in question are unfrozen by the bankruptcy court. Some consumers have already turned in their defective vehicles to Chrysler, compounding the problem.

For its part, the LA Times says that Chrysler is telling customers with lemon law claims to file a claim with the courts, in effect joining the automakers other unsecured creditors seeking payment.

Posted: May 18th, 2009
at 9:11pm by The Editor

Tagged with , , ,


Categories: American Cars, General News

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