We would get cases all the time where the banks simply didn’t know the debtor was active military, in some cases did know and continued with the repossessions, or in other cases found out and either returned the car or called the repo man to cancel the case. Bottom line is a bank is not supposed to repossess from anyone serving in the military
The following article is about a bank that pursued with the repossession but did not pick up the car because they knew the debtor was active military and to be honest I am not sure if they can even continue with the repossession on credit legally when the debtor is current active military. But the twist in this particular article is that the debtor knew he was late and called the bank advising that he would be dropping the car off at a particular dealership. The debtor brought the car to the dealership in the area and told the manager that the bank will be picking up this car.
The repo never took place, the manager never called the debtor back, the bank listed the car as a repossession on the credit report but never took possession. An entire year passes and the debtor finds out that his car was never repossessed. He is thinking that the car got stolen but decides to call the car dealership first and the car has been sitting on the dealership back lot the entire year with a bad battery.
The debtor calls the bank and the bank and the bank said they would not pick up an active military car even if up for repossession. The family went to pick up their car finding it completely full of mold and is warning other active military to stay away from Harris Ford.
This story can be read in it’s entirety here http://lakewood-jblm.patch.com/groups/business-news/p/military-family-warns-jblm-customers-to-stay-away-from-lynwood-car-dealership