An empty driveway sends a loud message. It tells a story of missed payments, rising stress, and a ticking clock that nobody wants to hear. When that clock runs out, a repo truck can show up without ...
Professional certification can add to the credibility of your auto repossession business and help you gain more clients. Certifying bodies set their own standards for certification, which can range ...
It is undeniably true that car repossession has dire consequences on your credit score and affects your future chances of credit ability. Using a car loan may seem like the best way to own your dream ...
There are ways to avoid the repossession experience. Even if you can’t afford your car loan, you can choose how to go forward. You can surrender your car to the bank, or work out a payment plan to ...
From the lessee's point of view, the specifics of a repossession depend primarily on 1) the terms of the contract, 2) the payment history and 3) state law. Sometimes there's a little wiggle room – a ...
Auto lenders in almost all cases hire a third-party repossession agent to pick up a vehicle when the loan goes into default. Under the law, these third-party repossession companies are agents of the ...
Another example of industry cooperation in the repossession world came to light on Wednesday. Consolidated Asset Recovery Systems (CARS) announced that the forwarding company has integrated its IBEAM ...