Ally Bank has taken legal action against an individual in Texas over a financial dispute involving a vehicle purchase. On December 23, 2024, Ally Bank filed a complaint in the District Court of Harris County, Texas, against Brandon Richardson Taylor. The bank alleges that Taylor defaulted on a contract related to the purchase of a 2018 Ford Explorer.
According to the court documents, Ally Bank claims that on August 17, 2022, Brandon Richardson Taylor entered into a Retail Installment Contract to purchase the vehicle. The bank holds a security interest in this vehicle and asserts that Taylor has failed to meet his payment obligations under the terms of the contract. As of November 8, 2024, the outstanding balance is reported to be $46,880.45. Ally Bank contends that despite multiple demands for payment, Taylor has not fulfilled his contractual obligations.
The bank accuses Taylor of breaching the contract by failing to make timely payments and seeks various remedies as outlined in their agreement. These include accelerating the loan upon default and repossessing or selling the vehicle to cover expenses and amounts due. Additionally, Ally Bank expresses concerns about potential concealment or removal of the vehicle from Harris County during legal proceedings. They claim that such actions could diminish its value and jeopardize their security interest.
In light of these allegations, Ally Bank is seeking immediate possession of the vehicle and full payment of all overdue amounts. They have requested a writ of sequestration from the court to secure possession of the collateral—the 2018 Ford Explorer—citing its depreciating value and lack of insurance as further risks. The bank is prepared to post a bond as required by law for this purpose.
Representing Ally Bank in this case is attorney Grant M. Tabor from GS Legal Group LLP based in Houston, Texas. The case is presided over by Judge Brianna Janel Denmon under Case ID 2024-88571.