Bank Collections

Repo Agent Killed in West Virginia

July 14, 2023 Editor

Borrower Arrested A Maryland repossession agent was shot and killed during a repossession in...

CFPB Sets Sights on Repossession Data and Trends

February 26, 2023 Editor

With the mountains of required data collected and maintained by the federal government, it...

Replevin vs. Repossession – A snowballs chance

July 10, 2022 Editor

this “I’m going to take my ball and go home” strategy sounds like a...

Watch Repo Agent Destroy Dodge in Repo Tug-of War

November 23, 2021 Editor

I know it takes two to tango, but any reasonable repossession agent knows when...

Gas prices up and consumer confidence slips again – is real delinquency coming?

September 29, 2021 Editor

Average price per gallon now $3.27, ninth straight monthly rise I said it at...

Lender Leniency on Forbearances Fading

July 15, 2021 Editor

CICERO, Ill. (CBS) — Forbearance – that act of putting your debts on hold –...

Is Washington DC Becoming a Repossession and Collections Sanctuary City?

June 8, 2021 Editor

Extends COVID Collections and Repossession Moratorium for Third Time With the pandemic’s infection and...

Pandemic 2020 – Uncharted Territory in the Repossession and Collections Industries

March 12, 2020 Editor

EDITORIAL It’s official, we’re in a pandemic. You’ve all seen the headlines. Events, large...

Tim Russi, Former Ally Executive, To Join Resolvion Board of Directors

November 21, 2019 Editor

FOR IMMEDIATE RELEASE Atlanta, GA – 19 November 2019 – Resolvion, a leading provider...

Man Charged for Selling Truck Parts to Avoid Repossession

September 2, 2019 Editor

Wichita Falls, TX – 29 August 2019 – While delinquent on his truck loan,...

Repo Repossessed Back from Banks Parking Lot

June 18, 2019 Editor

This, among other good reasons, is why you don’t store your repossessed vehicles at...

Recovery Database Network Launches Industry-First All-in-One Solution for Tracking Repossession Status

May 22, 2019 Editor

“On-Hook Status” Feature Integrates RDN with Clearplan to Provide Lenders with Instantaneous Notifications FOR...

National Auto Lenders Files Chapter 11 Bankruptcy

December 3, 2018 Editor

  Miami, FL – 3 December 2018 – On November 14, 2018 “National Auto...

Repo Agent Effort – In Today’s Environment, Expect to Get What You Pay For

November 29, 2018 Editor

FOR IMMEDIATE RELEASE The relentless drive to reduce repossession related costs while, at the...

7th Circuit Rules FDCPA Does Not Apply to Property Fees on Repossessions

November 27, 2018 Editor

26 November 2018 – On the 31st of October, the United States Court of...

1803 Capital Selects IBEAM from Consolidated Asset Recovery Systems for Repossession Management

November 14, 2018 Editor

1803 Capital LLC announced today that it has selected the IBEAM web portal for...

KAR Acquires Clearplan

November 13, 2018 Editor

  KAR Fortifies Leading Asset Recovery Capabilities with Acquisition of Clearplan Digital Platform to...

Consolidated Asset Recovery Systems and DRN Join Forces to Provide License Plate Recognition-enabled Recovery Services to the Auto Lending Market

November 8, 2018 Editor

The alliance enables the companies to provide auto lenders faster and more efficient recoveries,...

Flagship Selects IBEAM from Consolidated Asset Recovery Systems for Repossession and Remarketing Management

November 7, 2018 Editor

FOR IMMEDIATE RELEASE CHADDS FORD, PA – October 26, 2018 – Flagship Credit Acceptance...

Crescent Bank Selects Consolidated Asset Recovery Systems Market Place Manager for Repossession and Remarketing Servicing

November 3, 2018 Editor

PRESS RELEASE Crescent announced today that it has selected the IBEAM web portal and...

How Repo Agents Evaluate Lenders & Forwarders – A Look into An Agent’s Metrics

October 23, 2018 Editor

An ALS Resolvion Article Guest Editorial Recently, I have had the opportunity to travel...

PassTime Announces Elite 6 – Next Generation GPS Device

October 9, 2018 Editor

FOR IMMEDIATE RELEASE Littleton, CO – October 9, 2018 – PassTime®, a leading provider...