Improper Repossession

Bank of America Vehicle Repossession Notices Pennsylvania Class Action

Bank of America, NA finances auto purchases, in Pennsylvania and elsewhere; and if the buyers default on the auto loans, it is entitled to repossess and sell the vehicles. But when it does so, the complaint for this class action alleges, the bank does not send proper notices to the buyer, as required by Pennsylvania’s  Read more

Arkansas Federal Credit Union Repossession Notice Settlement

Arkansas Federal Credit Union (AFCU) is settling a class action that was filed against it as a counterclaim, in response to collection actions AFCU had taken against the plaintiffs in this case. The complaint alleged that AFCU had violated state laws through the use of improper repossession notices or post-sale notices that did not meet  Read more

Clearview Federal Credit Union Repossession Notices Settlement

This settlement resolves a Pennsylvania class action against Clearview Federal Credit Union, alleging that it did not send borrowers proper notice of their rights when their vehicles were repossessed. The complaint alleged Clearview violated Pennsylvania laws by not sending Pennsylvania borrowers (1) a proper Repossession Notice after repossessing their vehicles, or (2) a proper Deficiency  Read more

American Credit Acceptance Deficiency Balances California Settlement

American Credit Acceptance, LLC (ACA) is settling a class action alleging it violated the Rees-Levering Automobile Sales Finance Act when it issued its written notices to consumers after repossessing their vehicles. The settlement concerns deficiency balances, that is, the amounts still allegedly owed by the consumer after the sale of the collateral automobile.  Read more

M&T Bank Auto Repossessions and Pennsylvania Law Class Action

This class action brings suit against M&T Bank Corporation and Manufacturers and Traders Trust Company (also known as M&T Bank), for its procedures and practices in the repossessing and foreclosing on vehicles under auto loans. The complaint alleges that M&T does not follow Pennsylvania laws on consumer disclosure notices and other practices.  Read more

Ally Financial Improper Vehicle Repossession Minnesota Class Action

This class action raises the issue of the steps that must be taken in Minnesota before a vehicle can be repossessed. The defendants include Ally Financial, Inc., Resolvion, LLC, and 11th Hour Recovery, Inc. The complaint alleges violations of the Fair Debt Collection Practices Act (FDCPA), the Minnesota Uniform Commercial Code (UCC), and Minnesota Common  Read more

Money One Repossession Rights Maryland Class Action

If your vehicle is repossessed, and the financer sells it for less than your remaining loan amount, can the financer then pursue you for the rest of the loan? In Maryland, only if the financer has given proper notices and disclosures, says the complaint for this class action. It brings suit against Money One Federal  Read more

Toyota Motor Credit Corp. Bankruptcy Car Repossession Class Action

If a person buys a vehicle with a loan and does not make regular payments on the loan, the lender can take the vehicle. However, if the person goes into bankruptcy, the rules change. In this class action, the complaint alleges that Toyota Motor Credit Corporation (TMCC) improperly repossessed the vehicle of a person in  Read more

Nationwide Bank Vehicle Repossession UCC Violations Class Action

Companies who make car loans are entitled to repossess vehicles if borrowers do not pay their loans as they’ve agreed to. However, after repossession, lenders must provide written notice to the borrowers, including a Notice of Repossession and Post-Sale Notice, that complies with the requirements of the Uniform Commercial Code (UCC). The complaint for this  Read more

Consumer Portfolio Services Vehicle Repossession and Wisconsin Law Class Action

In the middle of the night between June 6 and June 7, 2018, says the complaint for this class action, a company repossessed the vehicle of Israel and Marcia Bernal. This, it says, was illegal under both the Fair Debt Collection Practices Act (FDCPA) and the Wisconsin Consumer Protection Act (WCA) because the company had  Read more