Repossessions

If you fall behind on your car payments, you may fear that repossession will ruin your credit and prevent you from buying another car or qualifying for credit in the future. Losing a vehicle can affect your job, your family responsibilities and your finances. A...

Your lender may repossess your car after missed payments. Pennsylvania law still sets limits on that process. If repossession affects you now or may happen soon, you need clear facts about your protections and your next possible steps. Knowing these rights may help...

Many car owners appreciate the convenience that comes with jumping in their vehicle and going wherever they like on a whim. Most anyone who has access to an automobile couldn't envision living their life without it. Most motorists who finance their vehicles assume...

Wells Fargo Bank has been on the receiving end of stern criticism over the past months for a scheme that involved more than a million fraudulently opened bank accounts. While that scandal has engulfed the company in controversy, a less-publicized scandal has mostly...

I saw another reference to another example of repo agent violence. As reported by CU Collector.com, "A homeless woman's spine was fractured when she was hit by a 30 year old Repo Man and his partner as she attempted to remove her belongings from a repossessed Honda...

An ABC affiliate in Utah is reporting the tragic death of a young wife and mother at the hands of a repo-agent. Readers of this blog are aware of just how common-place such repo-related injuries and loss of life have become. It's like the wild-west out there now.This...

There now may be additional avenues to fight Title Loan repossessions.I reported last year that Pennsylvania is finally cracking down on unfair, unlawful Title loans. I get calls about these often high-interest loans very often.Interest on these loans often runs in...

I see this scenario fairly frequently. Whatever the reason that the repossession was unlawful, the repossession company will not release the vehicle to the consumer, unless the consumer pays its fees and/or signs a Release. This happens even where the bank has...

Wrongful or unlawful repossessions often arise out of Yo Yo sales. Yo Yo sales are when after a consumer signs the finance purchase agreement the dealer tries to dishonor it or get a consumer to sign a different finance agreement.Once the consumer signed the finance...