Category Archives: auto repossession

The Auto Repo Man Cannot “Breach the Peace” to take your car

by Steven A Williams, President & Founder TheCreditRepairShop.com Under the law – UCC – Uniform Commercial Code § 9-609. SECURED PARTY’S RIGHT TO TAKE POSSESSION AFTER DEFAULT. (Article 9 of the Uniform Commercial Code makes waiver unenforceable) there is a little known law that prohibits a repo man from committing a “Breach of the Peace”…

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COALITION OF 34 STATE ATTORNEYS GENERAL ANNOUNCES OVER $550 MILLION SETTLEMENT WITH NATION’S LARGEST SUBPRIME AUTO FINANCING COMPANY

Settlement with Santander Includes more than $550 Million in Relief for Consumers A coalition of 34 attorneys general led by Illinois Attorney General Kwame Raoul, announced on May 19, 2020, a settlement with Santander Consumer USA Inc. (Santander) that includes approximately $550 million in relief for consumers with even more relief in additional deficiency waivers…

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Oh No…Another Bank Caught Setting Up Fake Accounts to Improve Their Numbers

WHAT IF THE BANK THAT you entrusted with your money turned out to be defrauding you? That’s what happened to customers in the Wells Fargo scandal, and now it may have happened again. The Consumer Financial Protection Bureau has accused Cincinnati-based Fifth Third Bank of opening fake accounts, transferring money into new accounts and enrolling customers in services…

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Credit Card Companies Release Issuer Assistance Program due to Coronavirus Outbreak

Issuer assistance In response to the virus outbreak so far, several issuing banks have released statements regarding their ongoing monitoring and response for customers. For credit cardholders specifically, here’s what each issuer stated: American Express According to reporting from The Points Guy, American Express cardmembers who experience financial hardship as a result of coronavirus can…

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DEBT COLLECTORS CAN DO THIS EVEN IF YOU DO OWE THE DEBT

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WHAT TO DO IF DEBT COLLECTORS WON’T STOP CALLING OR MAKING THREATS

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HOW TO STOP DEBT COLLECTOR CALLS

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Debt Collector Case Got Dismissed

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DEBT COLLECTORS MUST DO THIS OR YOU CAN SUE THEM

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DEBT COLLECTIONS SOLD INTO THE MARKET || POSITIVE THINKING IS A MUST

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