Patricia Covington

Patricia Covington

Patricia Covington is a partner in Hudson Cook’s Richmond, Virginia office and can be reached at [email protected].

soldier standing in front of American flag

How the Military Lending Act Plagues the Finance Industry The Military Lending Act (MLA), enacted in 2006 and implemented by the Department of Defense (DOD), protects active duty members of the military, their spouses and their dependents from certain lending practices. In December 2017, the DOD issued an amended interpretive rule to clarify whether personal property and auto finance purchase money credit transactions were eligible for a...

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