The Department of Justice reached a $500,000 settlement with CarMax regarding allegedly wrongful repossessions barely three weeks after Sen. Elizabeth Warren (D-Mass.) claimed that the Trump Administration had “kneecapped” the Consumer Financial Protection Bureau’s ability to protect consumers from repo errors. The DOJ’s Feb. 23 consent order asserted that CarMax had violated the Servicemembers Civil Relief Act when it repossessed military members’ vehicles without obtaining […]
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