Lender Can’t Collect Deficiency for Repo

Plaintiff finance company has not carried its burden of proof and the Richmond Circuit Court denies its claim for a money deficiency following repossession of a motor vehicle on a conditional sales contract. Defendant denies liability on the ground that she did not sign the agreement. Plaintiff’s evidence did not establish that anyone observed defendant ...

Source: http://valawyersweekly.com/2014/01/02/lender-cant-collect-deficiency-for-repo/

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