Wave of repo litigation hits auto lenders
Pre- and post-repo notice procedures need review
Auto lenders are being advised to review their repossession notification processes following several lawsuits in recent months as regulators home in on repossession actions. Court cases often arise when consumers are contesting how much they owe following their vehicle being repossessed, Kenneth Rojc, managing partner of the Auto Finance Group at Nisen & Elliott, told […]
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