Regulatory Alerts2026-07-16
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Gary Towing Service & Road Asisten, LLC Final Order
The Pennsylvania Banking and Securities Commission issues a Final Order adopting a Hearing Officer’s report against Gary Towing Service & Road Asisten, LLC for operating as an unlicensed collector-repossessor. The entity is ordered to pay a total civil penalty of $24,000, calculated at $2,000 for each of the 12 motor vehicles repossessed between April 2021 and October 2025. The order requires payment within 30 days and mandates that the entity immediately cease all collector-repossessor activities until licensed by the Department.
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