UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
CONSUMER PORTFOLIO SERVICES, INC.
(Name of Issuer)
COMMON STOCK, NO PAR VALUE PER SHARE
(Title of Class of Securities)
210502 100
----------------
(CUSIP Number)
Robert T. Gilhuly, Esq.
Cummings & Lockwood
Two Greenwich Plaza
Greenwich, Connecticut 06830
(203) 869-1200
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
February 27, 2001
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G
to report the acquisition which is the subject of this Schedule 13D, and is
filing this Schedule because of Sections 240.13d-1(e), 240.13d-1(f) or
240.13d-1(g), check the following box [ ]
Page 1 of 5 Pages
SCHEDULE 13D
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CUSIP No. 210502 100 Page 2 of 5 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
Robert T. Gilhuly
- ------------ -------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)
(a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (See instructions)
00
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- ------------------------- -------- ---------------------------------------------
7 SOLE VOTING POWER
-0-
NUMBER OF -------- ---------------------------------------------
8 SHARED VOTING POWER
SHARES
BENEFICIALLY
OWNED BY -0-
-------- ---------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON -0-
-------- ---------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
-0-
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
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12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See instructions) [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
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14 TYPE OF REPORTING PERSON (See instructions)
IN
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SCHEDULE 13D
Introduction
------------
ITEM 1. Security and Issuer.
--------------------
This Amendment No. 1 to Schedule 13D (this "Amendment") relates to the
common stock, no par value per share (the "Company Common Stock"), of Consumer
Portfolio Services, Inc., whose address is 16355 Laguna Canyon Road, Irvine,
California 92618.
ITEM 2. Identity and Background.
------------------------
The following information is provided concerning the reporting person:
(a) Robert T. Gilhuly
(b) Mr. Gilhuly's business address is c/o Cummings & Lockwood, Two
Greenwich Plaza, Greenwich, Connecticut 06830
(c) Mr. Gilhuly is a partner in the firm of Cummings & Lockwood, Two
Greenwich Plaza, Greenwich, Connecticut 06830, a law firm engaged
in the general practice of law
(d) None
(e) None
(f) United States of America
ITEM 3. Source and Amount of Funds or Other Consideration.
--------------------------------------------------
This Amendment is being filed to report that Mr. Gilhuly no longer
beneficially owns any shares of Company Common Stock as a result of his
resignation as a co-trustee of the Charles E. Bradley Trust under agreement
dated March 9, 1989. The Company Common Stock previously owned beneficially by
Mr. Gilhuly was transferred to the successor co-trustees on February 27, 2001.
ITEM 4. Purpose of Transaction.
-----------------------
This Amendment relates to the disposition by Mr. Gilhuly of all shares
of Company Common Stock previously beneficially owned by him. Since Mr. Gilhuly
does not beneficially own any shares of Company Common Stock, the balance of
Item 4 of Schedule 13D is not applicable.
ITEM 5. Interest in Securities of the Issuer.
-------------------------------------
(a) Mr. Gilhuly does not beneficially own any shares of Company
Common Stock.
(b) Not applicable.
Page 3 of 5 Pages
SCHEDULE 13D
(c) On February 27, 2001, Mr. Gilhuly transferred 1,058,818 shares of
Company Common Stock to the successor co-trustee of the Charles
E. Bradley Trust under agreement dated March 9, 1989. Mr. Gilhuly
received no consideration in connection with this transfer.
(d) Not applicable.
(e) Mr. Gilhuly ceased to be the beneficial owner of more than 5% of
the Company Common Stock on February 27, 2001.
ITEM 6. Contracts, Arrangements or Understandings with
Respect to Securities of the Company.
----------------------------------------------
There is no contract, arrangement, understanding or relationship
between Mr. Gilhuly and any other person with respect to any securities of the
Company, including, but not limited to, transfer or voting of any of the
securities, finders' fees, joint ventures, loan or option arrangements, puts or
calls, guarantees of profits, division of losses or profits, or the giving or
withholding of proxies.
ITEM 7. Material to be Filed as Exhibits.
---------------------------------
None.
Page 4 of 5 Pages
SCHEDULE 13D
Signature
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After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: March 12, 2001
/s/ ROBERT T. GILHULY
---------------------------
Robert T. Gilhuly
Page 5 of 5 Pages