John Roddy Speaking at NACA Webinar

On August 13, 2020, Bailey Glasser partner John Roddy will lead a webinar organized by the National Association of Consumer Advocates (NACA) titled “Turn the Coming Deluge of Post-Covid Repossessions into Class Actions that Help Borrowers Recover from those Predatory Takings.”

TransUnion reported in June that pandemic related unemployment has led to three million auto loans being in default/deferment, and only three states have pandemic moratoriums that prohibit repossessions until existing emergency orders are lifted. Although most car lenders have suspended repossessions during the pandemic, as time wears on corporate patience will wear thin, waves of repossessions will inevitably follow, and without legal help, many people will end up with the short end of the stick.

John will discuss how to use repossessing lenders’ flouting of the Uniform Commercial Code (UCC) and state retail installment sales acts, combined with state UDAP remedies, to get significant money damages for a state-wide class of borrowers, wipe their credit reports clean of the deficiency and repossession blemishes, and recover attorney’s fees in the process. No class action experience is needed, sample pleadings will be provided to webinar participants, and post-webinar assistance will be provided with no strings attached.

What You Will Learn

• How to identify violations of Article 9 that invalidate the deficiency
• How to combine state retail installment sales acts provisions with UCC and UDAP remedies to maximize damages
• How to leverage recent developments in the law, like Williams v. American Honda Finance, to strategically shorten the timeline between filing a complaint and resolving the litigation

Please click here to register for the event. In response to the challenges our community is facing at this time, NACA has reduced the webinar price for private attorney members to $40 per webinar.