Law360 (October 25, 2018, 4:48 PM EDT) -- The First Circuit has revived a consumer’s proposed class action claiming American Honda Finance Corp. violated Massachusetts consumer protection laws by sending her inadequate loan-deficiency notifications after she fell behind on her car loan payments.
The three-judge panel Wednesday disagreed with a district judge’s finding that the wording used in the notices plaintiff Rachel C. Williams received were in compliance with the laws, despite her claims that the notices were improper. The panel vacated the case’s dismissal and remanded it back to the district court for further action because the notices used the car's sale price at auction and not the fair market value...
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