In July of 2008, the California legislature created the Consumer Motor Vehicle Recovery Corporation (CMVRC). The CMVRC has established a Consumer Recovery Fund for the payment of claims by California consumers who suffer losses after July 1, 2008, as a result of a California licensed dealer or lessor-retailer of motor vehicles who has filed for bankruptcy or is no longer selling and leasing vehicles to the public, and has failed to:
remit license or registration fees received or contractually obligated to be paid from a consumer to the Department of Motor Vehicles (DMV)
pay to the legal owner of a vehicle transferred as a trade-in by a consumer to the dealer or lessor-retailer the amount necessary to discharge the prior credit balance owed to the legal owner
pay to the lessor registered in accordance with California Vehicle Code Section 4453.5 of a vehicle transferred as a trade-in by a consumer to the dealer or lessor-retailer the amount the dealer or lessor-retailer agreed to pay to the lessor
pay the amount specified in a consignment agreement to a consumer after the sale of a consigned vehicle
provide good title, free of liens or other claims
pay third parties for insurance, service contracts, or goods or services purchased through the dealer
The CMVRC reviews and processes all claims made against the Recovery Fund. The CMVRC is a private, non-profit corporation governed by the California Motor Vehicle Code and the Bylaws of the CMVRC. It is not a government agency or an insurance company. It is not associated with or controlled by any dealer or lessor-retailer of motor vehicles, nor does it represent any dealer or lessor-retailer of motor vehicles.
CMVRC Claims Administrator
P.O. Box 8060
San Rafael, CA 94912-8060
Email:info@vehiclerecoveryfund.org
Tel: 800-961-6175
Name |
Title |
Judy Fiorentini |
(non-voting ex officio member of the board selected by the AG) |
Lawrence Blazer |
President |
Henry Hansel |
Vice President |
Evie Jeang |
Board Member |
Hilary Haron |
Treasurer |
Rigoberto Reyes |
Director |