LANSING (AP) — A lawsuit filed against an auto title loan company and several associated companies seeks to stop collection activities on illegal title loans provided to Michigan consumers.
Michigan Attorney General Bill Schuette filed a complaint and motion requesting a temporary restraining order and preliminary injunction last Thursday in Ingham County Circuit Court.
The temporary restraining order was granted by the court and a hearing was set Jan. 27 for the preliminary injunction.
The lawsuit alleges that Liquidation, LLC provides illegal vehicle title loans and that the company isn’t authorized to do business in Michigan as a pawnbroker or a limited liability company.
Schuette says it appears the company’s business model is designed to take advantage of financially vulnerable consumers with damaged credit history.
- Posted January 19, 2016
- Tweet This | Share on Facebook
Company faces suit over title loans for consumers
headlines Macomb
- Sharing some holiday cheer
- MDHHS shares latest MISEP update demonstrating strong progress and improvements made in keeping children safe
- Task force investigations result in two men arraigned on charges including armed robbery, conducting a criminal enterprise
- Law firm honors local teacher as Exceptional Educator of the Month
- Nessel announces settlements with Lannett and Bausch approaching $18M over conspiracies to inflate prices and limit competition
headlines National
- Inter American University of Puerto Rico School of Law back in compliance with ABA standard
- Chemerinsky: The Fourth Amendment comes back to the Supreme Court
- Reinstatement of retired judge reversed by state supreme court
- Mass tort lawyer suspended for 3 years for lying to clients
- Law firms in Minneapolis are helping lawyers, staff navigate unrest
- Federal judge faces trial on charges of being ‘super drunk’ while driving
