Daily Digest – October 11. Westlake Reaches Settlement Over SCRA Violations; ALS Resolvion Moves Into Larger Office Space

WESTLAKE REACHES SETTLEMENT OVER SCRA VIOLATIONS Westlake Financial Services has reached a settlement with the Department of Justice after it was accused of illegally repossessing 70 vehicles from active duty service members without first obtaining the proper court orders. Westlake will repay each of those individuals $10,000 plus any lost equity...

Daily Digest – October 5. Illinois Man Damages Repo Truck, Facing Felony Charges; Delinquency Rate on Auto Loans Increases … Barely

ILLINOIS MAN DAMAGES REPO TRUCK, FACING FELONY CHARGES An Illinois man is facing two felony charges after threatening a repossession agent who had come to recover a vehicle and then damaging the tow truck. The man threatened to go into his house and get a weapon and then “took his frustrations” out on the truck, causing up to $10,000...

Daily Digest – September 29. Convicted Murderer Facing Charges After Running Over Woman’s Foot During Repossession

CONVICTED MURDERER FACING CHARGES FOR RUNNING OVER WOMAN’S FOOT DURING REPOSSESSION An Alabama man is facing felony charges after allegedly running over a woman’s foot during a repossession and leaving the scene. The man, William Greer, was convicted of murder, armed robbery, and escape in 1991 and served 25 years in prison. The woman...

Daily Digest – September 28. Woman Struck By Vehicle During Repossession; The States With The Highest Delinquency Rates on Auto Loans

WOMAN STRUCK BY VEHICLE DURING REPOSSESSION An Alabama woman was struck by a vehicle during the course of an automotive repossession yesterday. Witnesses said the woman was trying to remove personal items from the vehicle as it was being driven away and that was how she was hurt. The witnesses said the woman attempted to communicate with the...

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