Close Menu
Finance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Facebook X (Twitter) Instagram
Trending
  • 🔴 Three weeks ago the City Mayor of Salford, Paul Dennett, spoke as the doors were opened to the magnificently restored Buile Hill Mansion. After 25 years of dereliction and ill-fated ideas the Grade II-listed Georgian building has become the new home of Sal – facebook.com
  • Secretary-General of ASEAN to lead ASEAN Secretariat's delegation at the 13th ASEAN Finance Ministers and Central Bank Governors’ Meeting (AFMGM) and Related Meetings, via videoconference – ASEAN Main Portal
  • Cryptocurrency, AI and Cyber Scams Cost U.S. Almost $21 Billion in 2025 According to New FBI Internet Crime Report
  • Car finance compensation – how much you could claim and who qualifies
  • Governor Moore Advances Transit-Oriented Development in Baltimore, Highlighting Transit Investments and Partnership Across Baltimore Region – Press Releases – News – Office of Governor Wes Moore – Office of Governor Wes Moore (.gov)
  • Only Significant Financial Losses Force Russia to Consider a Scenario of Abandoning the War – Address by the President — Official website of the President of Ukraine – Офіційне інтернет-представництво Президента України
  • China Embraces Blockchain for Finance While Strengthening Cryptocurrency Crackdown
  • Stock Futures Market Bitcoin Crypto shares: Stock futures market today: Bitcoin, Cryptocurrency-linked firms, Soleno Therapeutics stocks to watch out on Monday as S&P 500, Nasdaq, Dow set for mixed start
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
Finance ProFinance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Finance Pro
Home»Finance»US sues Hyundai, Kia finance arm for repossessing service members’ vehicles
Finance

US sues Hyundai, Kia finance arm for repossessing service members’ vehicles

May 8, 20242 Mins Read


By Jonathan Stempel

(Reuters) – The U.S. government on Wednesday sued Hyundai and Kia’s American financing arm, accusing it of repossessing vehicles leased by military service members without first obtaining court permission as required by law.

According to a complaint filed in federal court in Los Angeles, Hyundai Capital America violated the Servicemembers Civil Relief Act between 2015 and 2023 by repossessing 26 vehicles whose owners had begun paying off their loans prior to active duty.

The Department of Justice has said that Armed Forces members should not suffer financial hardship because of their service.

In the complaint, the Justice Department cited as an example the 2017 repossession and sale of Navy Airman Jessica Johnnson’s three-year-old Hyundai Elantra, after the financing arm determined that she was on active duty but “not deployed.”

Johnson still owed $13,796 on the car, and the financing arm realized in 2020 it should not have repossessed it, the complaint said.

Hyundai Capital America, which is based in Irvine, California, and the automakers did not immediately respond to requests for comment.

The lawsuit seeks to halt improper repossessions and a declaration that the matter concerned “an issue of significant public importance.”

The Justice Department in the last several years settled claims under the servicemembers law against several financing companies, including General Motors, Nissan and Wells Fargo finance arms.

The case is U.S. v. Hyundai Capital America, U.S. District Court, Central District of California, No. 24-03818.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Secretary-General of ASEAN to lead ASEAN Secretariat's delegation at the 13th ASEAN Finance Ministers and Central Bank Governors’ Meeting (AFMGM) and Related Meetings, via videoconference – ASEAN Main Portal

April 7, 2026 Finance

Car finance compensation – how much you could claim and who qualifies

April 6, 2026 Finance

Only Significant Financial Losses Force Russia to Consider a Scenario of Abandoning the War – Address by the President — Official website of the President of Ukraine – Офіційне інтернет-представництво Президента України

April 6, 2026 Finance

Motorists in Jersey urged to check car finance deals

April 5, 2026 Finance

Best Finance Jobs in the US 2026: Salaries Guide

April 4, 2026 Finance

Car finance compensation: Your ultimate guide to how payouts will work

April 3, 2026 Finance
Add A Comment
Leave A Reply Cancel Reply

Don't Miss

🔴 Three weeks ago the City Mayor of Salford, Paul Dennett, spoke as the doors were opened to the magnificently restored Buile Hill Mansion. After 25 years of dereliction and ill-fated ideas the Grade II-listed Georgian building has become the new home of Sal – facebook.com

April 7, 2026 Art Gallery 1 Min Read

🔴 Three weeks ago the City Mayor of Salford, Paul Dennett, spoke as the doors…

Secretary-General of ASEAN to lead ASEAN Secretariat's delegation at the 13th ASEAN Finance Ministers and Central Bank Governors’ Meeting (AFMGM) and Related Meetings, via videoconference – ASEAN Main Portal

April 7, 2026

Cryptocurrency, AI and Cyber Scams Cost U.S. Almost $21 Billion in 2025 According to New FBI Internet Crime Report

April 7, 2026

Car finance compensation – how much you could claim and who qualifies

April 6, 2026
Our Picks

🔴 Three weeks ago the City Mayor of Salford, Paul Dennett, spoke as the doors were opened to the magnificently restored Buile Hill Mansion. After 25 years of dereliction and ill-fated ideas the Grade II-listed Georgian building has become the new home of Sal – facebook.com

April 7, 2026

Secretary-General of ASEAN to lead ASEAN Secretariat's delegation at the 13th ASEAN Finance Ministers and Central Bank Governors’ Meeting (AFMGM) and Related Meetings, via videoconference – ASEAN Main Portal

April 7, 2026

Cryptocurrency, AI and Cyber Scams Cost U.S. Almost $21 Billion in 2025 According to New FBI Internet Crime Report

April 7, 2026

Car finance compensation – how much you could claim and who qualifies

April 6, 2026
Our Picks

Motorists in Jersey urged to check car finance deals

April 5, 2026

Art investment is booming for the ultra-wealthy. But JPMorgan sees a few caveats for aspiring buyers.

April 4, 2026

Best Finance Jobs in the US 2026: Salaries Guide

April 4, 2026
Latest updates

🔴 Three weeks ago the City Mayor of Salford, Paul Dennett, spoke as the doors were opened to the magnificently restored Buile Hill Mansion. After 25 years of dereliction and ill-fated ideas the Grade II-listed Georgian building has become the new home of Sal – facebook.com

April 7, 2026

Secretary-General of ASEAN to lead ASEAN Secretariat's delegation at the 13th ASEAN Finance Ministers and Central Bank Governors’ Meeting (AFMGM) and Related Meetings, via videoconference – ASEAN Main Portal

April 7, 2026

Cryptocurrency, AI and Cyber Scams Cost U.S. Almost $21 Billion in 2025 According to New FBI Internet Crime Report

April 7, 2026
Weekly Updates

1 Top Cryptocurrency to Buy Before It Soars Another $1 Trillion in Market Cap, According to Value Investor Bill Miller IV

June 15, 2024

Third of commercial finance brokers struggle to find lenders to fund acquisitions

October 17, 2024

Kraken Considering $100M Funding Round Before Possible IPO

June 6, 2024
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
© 2026 Finance Pro

Type above and press Enter to search. Press Esc to cancel.