Bank of America’s Repo Failures Leave Borrowers Stranded

THE DOSSIER The Accused: Bank of America, National Association, a licensed Sales Finance Company in Pennsylvania. The Misconduct: Systematically repossessed vehicles and sent repossession notices that illegally shortened the time consumers had to reclaim their property. The bank’s own “template” forms prove this was a standardized, not accidental, practice. The Law: Pennsylvania’s Uniform Commercial Code … Continue reading Bank of America’s Repo Failures Leave Borrowers Stranded