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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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Colorado AG Announces Two More Settlements in GAP Refund Cases

Troutman Sanders

On January 4, Colorado Attorney General Phil Weiser announced that his office had reached settlements with Bellco and Canvas credit unions which will provide $4 million in refunds of unearned guaranteed automobile protection (GAP) premiums to consumers that the credit unions failed to provide previously.

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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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How Can a Lienholder Obtain Release of a Vehicle That Is Subject to a Lien From a Motor Vehicle Repair Shop Under Section 559.917, Florida Statutes?

Jimerson Firm

Once the lienholder obtains the certificate of release from the clerk’s office, the lienholder or its repossession agent should take the certificate of release to the repair shop in exchange for release/possession of the vehicle.

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How Can a Lienholder Obtain Release of a Vehicle That Is Subject to a Tow Lien Under Section 713.78, Florida Statutes?

Jimerson Firm

Once the lienholder obtains the certificate of release from the clerk’s office, the lienholder or its repossession agent should take the certificate of release to the towing company in exchange for release/possession of the vehicle. To the extent the towing company refuses to comply with the certificate of release, Section 713.78