Latest Online Edition Read Here

federal trade commission federal trade commission

Feds Sue Credit Union for Repossessing Cars Featured

The Department of Justice Civil Rights Division and the U.S. Attorney's Office for the Eastern District of Michigan filed a lawsuit to recover damages from the COPOCO Community Credit Union, alleging that it violated the Service Members Civil Relief Act (SCRA) by repossessing protected service members’ motor vehicles without obtaining the necessary court orders.The SCRA protects the rights of service members on active duty by suspending or modifying certain civil obligations. The law prohibits repossessing a motor vehicle from a service member during military service without a court order if the individual made a deposit or installment payment on the loan before entering military service. The department’s complaint alleges that COPOCO’s vehicle repossession procedures did not include any process to determine customers’ military status – such as checking the Department of Defense’s database – prior to conducting repossessions without court orders. The complaint also alleges that COPOCO illegally repossessed U.S. Army Private First Class Christian Carriveau’s car, along with his two-year-old daughter’s car seat, out of his driveway in Lacey, Wash., near Joint Base Lewis-McChord. His wife, Alyssa Carriveau, initially believed that the car had been stolen, but she subsequently learned that it had been repossessed. Private First Class Carriveau was away at military training at the time and Alyssa Carriveau was not able to get to work without the vehicle.
Last modified on Wednesday, 17 August 2016 21:11
Rate this item
(0 votes)

Ted Craig

  • On the TV: An Unexpected Econ Lesson
    While I was laid up the other day, I watched an episode of "Raising Hope" titled "Burt Bucks." If you've never seen the show, and that's likely based on its…
  • I Fell and I Couldn't Get Back Up
    I was unable to fully perform my job yesterday because my back went out and I couldn't hunch over my computer. I guess I'm getting old. So are many of…
  • Face the Face
    Facebook is adjusting its algorithm for the common good, basically promising to go back to the Facebook of old, when cat videos trumped news of pizza parlors that deliver white…
  • Peak a Little, Talk a Little
    The president of the FX cable channel warns us of the perils of peak TV. Others tell us we’ve passed the point of peak auto. I say that if anybody…
  • Just Don't
    Google wants to be good. Or it at least wants to seem good. The company’s motto was “Don’t be evil,” but I always viewed it like this. Others must have…
  • It's Not Me, It's You
    For years, Hollywood has portrayed business in a negative light, for the most part. Even movies with a more positive outlook, such as the ode to subprime lending “It’s a…
  • Wanna Worry?
    If so, let me give you two reasons to do so. As an added bonus, I’ll throw in one reason not to. The first reason to worry is that others…
  • Loser, Loser, Chicken Dinner
    My hometown Hooter’s has closed down. While Chris Rock was correct in saying that “Nobody goes to Hooter’s for the wings,” that is the restaurant chain’s main staple. Unfortuanately, it’s…
  • 50 Years Late
    Have you dealt with AT&T lately? I swear, they still think its 1967. GM was like that until 2009. Guess what folks, it’s 2017. In fact, it’s almost 2018.
  • Dumb Ol\' Debt
    I\\\'m going to miss J.C. Penney and Dell when they\\\'re gone. They are part of my youth. Oh, they might not be gone in the next year or two, but…