Enforcement · DOBS · 10 Nov 2025
The Pennsylvania Department of Banking and Securities issued a Consent Agreement and Order against Martin’s Auto Sales, LLC for violating the Consumer Credit Code regarding motor vehicle installment sales. The enforcement action specifically addresses the company's use of unlicensed collector-repossessors, which is prohibited under Section 6252(b)(3) of the Code. The parties stipulated to these facts and agreed to the terms of the order in lieu of litigation to resolve the matter.
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF BANKING AND SECURITIES
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF BANKING AND
SECURITIES, COMPLIANCE OFFICE
v. Docket No. 25 0038 (BNK-CAO)
MARTIN'S AUTO SALES, LLC.
CONSENT AGREEMENT AND ORDER
The Commonwealth of Pennsylvania, acting through the Department of Banking and Securities ("Department"), Compliance Office ("Office"), has reviewed the business practices of Martin's Auto Sales, LLC, Inc. ("MAS") and its officers, employees, and directors. Based on the results of its review, the Office concludes that MAS operated in violation of the Consumer Credit Code ("CCC") as it relates to motor vehicle installment sales, 12 Pa.C.S. § 6201 _ et seq. The parties to the above-captioned matter, in lieu of litigation, hereby stipulate that the following statements are true and correct in the settlemen, of the above-captioned matter and, intending to be legally bound, hereby agree to the terms of this Consent Agreement and Order ("Order"). BACKGROUND
11/10/2025
Redacted Redacted
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Source: Pennsylvania Department of Banking and Securities — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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