CarMax will be required to pay at least $420,000 in damages to servicemembers and a civil penalty of $79,380 to the United States, according to the DOJ.
The car repo business is booming as Americans fall behind on their increasingly expensive car payments.
The DOJ has reached a settlement with CarMax to resolve allegations that vehicles owned by members of the military were illegally repossessed, violating the Servicemembers Civil Relief Act.
Shock. Anger. Shame. And finally, hopelessness. The emotions that follow a car repossession can be overwhelming, but they often converge into one lingering question: “What do I do now?” As an ...
Police said a man shot at a repo man in Manor during a car repossession. The shooting was caught on camera. Ayton's lawyer ...
A traveler’s car was repossessed at an airport, although he didn’t have an active lien. Here’s a look at how you can have ...
When you signed the financing agreement that enabled you to buy a car on payments, you made a legally binding promise to make those payments on time every month. If you miss a single payment by 30 ...
Not a Criminal Case Here's something you don't see every day. According to a report from Automotive News, a customer is suing ...
As the economy continues to sour, debt-strapped vehicle owners are defaulting on automobile loans at record rates, providing repo men, auction wholesalers and dealers with loads of work. "Business is ...