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Financial Center First Credit Union Repossession

Indiana Consumer Law Group

Indiana Consumer Law Group announces the filing of a lawsuit against Financial Center First Credit Union, a credit union located in Indianapolis, Indiana. The lawsuit alleges that Financial Center First Credit Union repossessed our client’s car. The case is being brought as a class action.

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Tri-Force and Ally Financial Sued for Wrongful Repossession in Indiana

Indiana Consumer Law Group

The lawsuit alleges that agents of Tri-Force breached the peace when they attempted to repossess a vehicle from our client and then, when our client physically resisted the repossession (as was his legal right to do), engaged the police to coerce our client to relinquish possession of the vehicle and thereby accomplish the wrongful repossession.

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What Happens After a Personal Loan Bankruptcy Discharge?

Sawin & Shea

If you fail to repay an unsecured personal loan, the lender cannot repossess your assets. No-credit-check lending, such as payday and title loans, often comes with unreasonable fees and annual percentage rates (APR). Nonpayment of title loans can lead to vehicle repossession. However, it is difficult to qualify that soon.

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What Is a 1099-C Form and How Does It Affect Your Credit?

Credit Corp

A property is foreclosed or repossessed. Is a 1099-C Form Good or Bad for Your Credit? So, while getting a 1099-C itself doesn’t change your credit at all, you’ve probably already experienced a negative hit to your score. You must also be an applicable financial entity, such as a bank or credit union.

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Does Chapter 13 Wipe All of Your Credit?

Sawin & Shea

Common types of dischargeable debt include: Credit card debt Medical debt Judgements Utility bills Back rent Personal loans Repossession balances While Chapter 13 helps you repay certain debts and discharge remaining balances, not all forms of debt are dischargeable. Otherwise, you’ll receive negative marks on your credit report.