Repossessions are an unavoidable aspect to auto lending and the most dangerous and litigious action any lender undertakes. Second to that, Notice of Intent Letters are probably the most delicate and litigious document any lender sends. Hardly a year goes by without someone being hit with a lawsuit over Notice of Intent Letters. One Missouri credit union is the most recent and unfortunate victim to this fact.
Credit Union agrees to pay $4.6M over Notice of Intent Letters – FDCPA – Credit Union Collections – Credit Union Collectors
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