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The first consideration that lenders (banks and creditunions alike) often face is when, and if, to conclude that the account owner does not intend to, or is not able to, clear the negative balance or loan deficiency. CreditUnion , 2013 U.S. Charging Off” Uncollectable Debt. 1099-C Issuance. Old Nat’l Bank Corp.,
The lawsuit alleges that agents of Tri-Force breached the peace when they attempted to repossess a vehicle from our client and then, when our client physically resisted the repossession (as was his legalright to do), engaged the police to coerce our client to relinquish possession of the vehicle and thereby accomplish the wrongful repossession.
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