Levine: These are the kind of mistakes that keep dealers getting sued
FORT WORTH, Texas — They say bad things happen in threes, and there must be some truth to that, because I recently had three matters come to my attention that all involved repossession and disposition of collateral mistakes made by dealers that are a great example of how not paying attention to the details can create risk and losses.
By way of background, Article 9 of the Uniform Commercial Code (UCC) applies when a dealer or other creditor wants to … Read more