When i bought my 2002 accent, i also purchased a 10 year bumper to bumper
warrenty, I got a letter in the mail stating that there is a class action
lawsuit against the warrenty company becasue they filed banckruptcy, what
does this mean to me? can i no loner use the 10 year bumper to bumper? but
only the hyundai 10 year powertrain? anyone else get this letter? i am not
a lawyer, and reading it gave me a headach..so i guess basically what i am
asking is, has anyone else received this letter and what does it mean to
me?

 

illusion123a wrote:
> When i bought my 2002 accent, i also purchased a 10 year bumper to bumper
> warrenty, I got a letter in the mail stating that there is a class action
> lawsuit against the warrenty company becasue they filed banckruptcy, what
> does this mean to me? can i no loner use the 10 year bumper to bumper? but
> only the hyundai 10 year powertrain? anyone else get this letter? i am not
> a lawyer, and reading it gave me a headach..so i guess basically what i am
> asking is, has anyone else received this letter and what does it mean to
> me?
>
We bought a Sonata in 2002 and got the extra warrantee as well. Never
got a letter. I'm betting that you got yours from a different company.

 

illusion123a wrote:
> When i bought my 2002 accent, i also purchased a 10 year bumper to bumper
> warrenty, I got a letter in the mail stating that there is a class action
> lawsuit against the warrenty company becasue they filed banckruptcy, what
> does this mean to me? can i no loner use the 10 year bumper to bumper? but
> only the hyundai 10 year powertrain? anyone else get this letter? i am not
> a lawyer, and reading it gave me a headach..so i guess basically what i am
> asking is, has anyone else received this letter and what does it mean to
> me?
>
It probably means that you're screwed. Perhaps you'll get back a few
cents on the dollar that you paid via the class-action, but thats'
probably it. If the company went belly-up, there's no one to file a
warranty claim with, so you're left with just the factory warranty.
That's just one of the danger of buying a warranty from a third-party
company.