Pawnee Leasing Corporation is a commercial equipment leasing company that has been the subject of numerous lawsuits in recent years. These lawsuits allege a variety of wrongdoing, including deceptive trade practices, unfair contract terms, and fraudulent misrepresentation.
One of the most common complaints against Pawnee Leasing is that it uses aggressive sales tactics to pressure businesses into signing leases for equipment that they cannot afford. Pawnee Leasing has also been accused of hiding important terms and conditions in its lease agreements, and of failing to disclose all of the fees and costs associated with its leases.
In addition, Pawnee Leasing has been sued for allegedly repossessing equipment from businesses that have defaulted on their lease payments without giving them adequate notice. Pawnee Leasing has also been accused of charging excessive late fees and penalties, and of suing businesses that have defaulted on their leases even when the businesses have valid defenses.
Recent Pawnee Leasing Lawsuits
Here are a few examples of recent lawsuits against Pawnee Leasing:
- In 2020, a group of small business owners filed a class action lawsuit against Pawnee Leasing, alleging that the company had engaged in deceptive trade practices and unfair contract terms. The lawsuit claimed that Pawnee Leasing had misled businesses about the terms of its leases and had charged them excessive fees and penalties.
- In 2021, a medical spa filed a lawsuit against Pawnee Leasing, alleging that the company had fraudulently misrepresented the capabilities of a laser device that the spa had leased from Pawnee Leasing. The lawsuit claimed that Pawnee Leasing had promised that the device would be able to generate significant profits for the spa, but that the device had failed to live up to those promises.
- In 2022, a trucking company filed a lawsuit against Pawnee Leasing, alleging that the company had repossessed its trucks without giving it adequate notice and had refused to return the trucks even after the trucking company had paid all of its outstanding lease payments. The lawsuit claimed that Pawnee Leasing had engaged in predatory lending practices and had violated the Fair Debt Collection Practices Act.
What You Can Do If You Are Affected by a Pawnee Leasing Lawsuit
If you have been affected by a Pawnee Leasing lawsuit, you should contact an experienced business attorney to discuss your legal options. An attorney can help you to understand your rights and to protect your interests.
Conclusion
Pawnee Leasing Corporation is a commercial equipment leasing company that has been the subject of numerous lawsuits in recent years. These lawsuits allege a variety of wrongdoing, including deceptive trade practices, unfair contract terms, and fraudulent misrepresentation.
If you have been affected by a Pawnee Leasing lawsuit, you should contact an experienced business attorney to discuss your legal options. An attorney can help you to understand your rights and to protect your interests.
Frequently Asked Questions
Q: What are the most common complaints against Pawnee Leasing?
A: The most common complaints against Pawnee Leasing include aggressive sales tactics, hidden terms and conditions in lease agreements, failure to disclose all fees and costs, repossessing equipment without adequate notice, charging excessive late fees and penalties, and suing businesses that have defaulted on their leases even when the businesses have valid defenses.
Q: Can I file a class action lawsuit against Pawnee Leasing?
A: Yes, you may be able to file a class action lawsuit against Pawnee Leasing if you are a member of a group of people who have been harmed by the company’s actions. To be eligible for a class action lawsuit, the group of people must be so large that it is impractical to join them all in a single lawsuit, the group must have common questions of law or fact, and the claims of the group members must be typical of the claims of the entire group.
Q: What should I do if I am thinking about filing a lawsuit against Pawnee Leasing?
A: If you are thinking about filing a lawsuit against Pawnee Leasing, you should contact an experienced business attorney to discuss your legal options. An attorney can help you to assess your case, determine whether you have a valid claim, and develop a legal strategy.
References
- Change.org petition for a class action lawsuit against Pawnee Leasing: https://www.change.org/p/us-attorney-general-class-action-lawsuit-against-pawnee-leasing-company
- St. Francis Holdings v. Pawnee Leasing Corp., Case No: 8:20-cv-1101-T-02: https://casetext.com/case/st-francis-holdings-llc-v-pawnee-leasing-corp
- Miller v. Pawnee Leasing Corp., NO. 01-18-00429-CV: https://casetext.com/case/miller-v-pawnee-leasing-corp-2
My small Dance and cheer studio fundraised for there cheer mats but couldn’t pay upfront so I convinced my husband to help us lease them until we fundraised the total amount. My kids worked incredibly hard for 6 months to earn 14,000.00 because we were told when signing our lease that there was not early pay off penalty or fees. We asked a lot of questions but the representative kept telling us not to worry it’s legit and will help you even grow your business credit. They also disclosed zero interest rates. I called to pay off our mats in full and they quoted me 37,000.00! I said you must have the wrong account. Then the staff at Pawnee leasing got extremely rude and said you should have read before you signed a contract and hung up on me. I cried for weeks in distress as our little studio is nearing closure due to the extra 700.00 payments a month because they not only charge for this rediculous 100% interest fee they also charge for insurance even if you provide them with your equipment and business insurance which is over 100.00 per month. I’m just incredibly disappointed that I was scammed as I’m a very thorough person. My husband trusted that I new what I was doing and I never thought I’d be scammed into something that is going to cost me more than I make in a year at my little business that I volunteer for for our community. If I was ever going to profit off my little business that is now long gone for 5 years and that’s if my buisness survives paying this monthly payment to Pawnee Leasing for that long. I’m terrified as our community now supports my youth program so much. I don’t want to let them down and have this company take away something so important for our youth and our community. My business charges a small monthly tuition to accommodate families of all poverty. When I opened my business was ment to be affordable for even the lowest poverty class. Now I’ve had to increase rates to try to compensate for the extra payment that’s outrageous and a lot of my lower income earning families have had to take there kids out of something they loved. I did not want my business to turn away any kids and that’s why I once prided myself over other youth programs because I wanted all kids to experience an opportunity to learn and grow in youth sports and not have a financial stipulation on wether there families had to tell them no because they couldn’t afford it. I hope when you read this you can feel the pain this has caused me. I hope you can feel the sadness and fear I’ve felt sense discovery. I hope you can feel the disappointment I’ve felt by doing an abundance amount of research regarding others peoples experiences when trying to fight back for right and wrong and loosing there business anyway because no one will help us or see the incredibly intensive impact Pawnee Leasing has on thousands of communities small businesses. I just hope one day I’ll get on to read new comments and Google posts that justice is finally served. Regardless if my business has already closed or not.