Schools Financial Credit Union alleges it is owed more than $7,000 for loan

By Noddy A. Fernandez | Jan 7, 2019

OROVILLE – An individual is alleged to have defaulted on an auto loan.

Schools Financial Credit Union filed a complaint on Dec. 26 in the Butte Superior Court against Roderick Charles Morris and Does 1 through 10 alleging breach of contract and other counts.

According to the complaint, on Dec. 22, 2016, the plaintiff's auto dealership assignor entered into written retail installment sale contract - simple finance charge with the defendant for the purchase of a vehicle. The suit states pursuant to the contract, defendant agreed to pay the sum of $9,815.63.

The plaintiff alleges the defendant's last payment was on May 21, 2018, and he has failed to make further payments despite demands. 

The plaintiff holds Morris responsible because the defendant allegedly failed and refused, and continues to fail and refuse, to pay the sums due, or any sum due and owing to plaintiff in the principal sum of $7,763.31, plus interest on the unpaid principal balance from May 22, 2018, at the annual percentage rate of 5.390 percent.

The plaintiff seeks judgment for the principal sum with interest at the legal rate on unpaid principal balance and costs of suit. It is represented by Jennifer A. Smith of Buchalter in Los Angeles.

Butte Superior Court case number 18CV04155

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Buchalter Nemer Butte Superior Court

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