United States v. CitiFinancial Credit Co. (N.D. Tex.)

On September 18, 2017, the United States filed a complaint and executed a settlement agreement in United States v. CitiFinancial Credit Co. (N.D. Tex.). The complaint alleged that Citi repossessed 164 automobiles between 2007 and 2010 from protected servicemembers without first obtaining court orders, in violation of Section 3952 of the Servicemembers Civil Relief Act (SCRA). The settlement agreement requires Citi to pay $907,000 in compensation to the servicemembers whose cars were illegally repossessed and to remove the repossessions from the servicemembers’ credit reports.

Press Release (9/18/17)