Category: Compliance for Tow & Repossession Operators

What Are the SCRA Vehicle Repossession Rights?

As a lender or auto dealership, you are likely — and rightly — concerned with the SCRA vehicle repossession rights. It’s important to follow the letter of the law in these matters in order to avoid fines and penalties.

Companies …

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Car Loans: Can I Repossess Servicemembers' Vehicles?

While auto lending frequently involves smaller dollar amounts than mortgages and student loans, the number of auto loans is high. Almost 44 percent of Americans have a car payment.

Add to this the fact that interest rates are higher …

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Car Towing Service Faces Potential Penalties for SCRA Violation

When U.S. Army Reserve Lt. Col. Alexzandria Kelly left on active duty to Africa last year, she expected her 1972 AMC Gremlin to be safe.

The Servicemembers Civil Relief Act offers civil protections to servicemembers, and one of those protections …

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Vehicle Repossessions Under The SCRA?

Vehicle repossessions under the SCRA can be complicated affairs. The Servicemembers Civil Relief Act affords military members certain legal protections, including immunity from credit card debt, mortgage payments and, yes, vehicle repossessions. However, that doesn’t mean there aren’t scenarios where …

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